Inflection Point Acquisition (NASDAQ:IPAX – Get Rating) and L3Harris Technologies (NYSE:LHX – Get Rating) are both industrial products companies, but which is the better business? We will compare the two companies based on the strength of their earnings, analyst recommendations, profitability, risk, valuation, institutional ownership and dividends.
Earnings and Valuation
This table compares Inflection Point Acquisition and L3Harris Technologies’ top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Inflection Point Acquisition||N/A||N/A||-$320,000.00||N/A||N/A|
|L3Harris Technologies||$17.06 billion||2.17||$1.06 billion||$5.47||35.69|
L3Harris Technologies has higher revenue and earnings than Inflection Point Acquisition.
Institutional and Insider Ownership
This is a summary of current recommendations and price targets for Inflection Point Acquisition and L3Harris Technologies, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Inflection Point Acquisition||0||0||1||0||3.00|
Inflection Point Acquisition currently has a consensus price target of $14.00, indicating a potential upside of 12.00%. L3Harris Technologies has a consensus price target of $259.46, indicating a potential upside of 32.89%. Given L3Harris Technologies’ higher probable upside, analysts clearly believe L3Harris Technologies is more favorable than Inflection Point Acquisition.
This table compares Inflection Point Acquisition and L3Harris Technologies’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Inflection Point Acquisition||N/A||-53.90%||-0.36%|
Volatility & Risk
Inflection Point Acquisition has a beta of 0.01, indicating that its share price is 99% less volatile than the S&P 500. Comparatively, L3Harris Technologies has a beta of 0.71, indicating that its share price is 29% less volatile than the S&P 500.
L3Harris Technologies beats Inflection Point Acquisition on 9 of the 11 factors compared between the two stocks.
About Inflection Point Acquisition
Inflection Point Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the consumer and technology industries. The company was incorporated in 2021 and is based in New York, New York.
About L3Harris Technologies
L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.
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