Head to Head Comparison: L3Harris Technologies (NYSE:LHX) versus Satellogic (NASDAQ:SATL)

Satellogic (NASDAQ:SATLGet Free Report) and L3Harris Technologies (NYSE:LHXGet Free Report) are both industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

Earnings and Valuation

This table compares Satellogic and L3Harris Technologies”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Satellogic $31.91 million 25.44 -$4.78 million ($0.82) -6.44
L3Harris Technologies $21.86 billion 2.24 $1.61 billion $9.90 26.54

L3Harris Technologies has higher revenue and earnings than Satellogic. Satellogic is trading at a lower price-to-earnings ratio than L3Harris Technologies, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Satellogic and L3Harris Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Satellogic -325.65% 303.84% 6.01%
L3Harris Technologies 8.17% 10.96% 5.18%

Analyst Recommendations

This is a breakdown of current ratings for Satellogic and L3Harris Technologies, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Satellogic 1 1 5 1 2.75
L3Harris Technologies 0 4 9 2 2.87

Satellogic presently has a consensus target price of $8.90, indicating a potential upside of 68.56%. L3Harris Technologies has a consensus target price of $365.00, indicating a potential upside of 38.90%. Given Satellogic’s higher probable upside, equities analysts clearly believe Satellogic is more favorable than L3Harris Technologies.

Insider & Institutional Ownership

17.6% of Satellogic shares are held by institutional investors. Comparatively, 84.8% of L3Harris Technologies shares are held by institutional investors. 38.8% of Satellogic shares are held by insiders. Comparatively, 0.7% of L3Harris Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Satellogic has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500. Comparatively, L3Harris Technologies has a beta of 0.51, meaning that its share price is 49% less volatile than the S&P 500.

Summary

L3Harris Technologies beats Satellogic on 9 of the 15 factors compared between the two stocks.

About Satellogic

(Get Free Report)

Satellogic Inc. operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites. The company was founded in 2010 and is headquartered in Montevideo, Uruguay.

About L3Harris Technologies

(Get Free Report)

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

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