L-3 Communications (LLL) Earns News Sentiment Rating of 0.30
News coverage about L-3 Communications (NYSE:LLL) has been trending positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. L-3 Communications earned a daily sentiment score of 0.30 on Accern’s scale. Accern also assigned media coverage about the aerospace company an impact score of 45.9170526794516 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have effected Accern’s rankings:
- Stock Traders Buy Large Volume of L-3 Communications Put Options (LLL) (americanbankingnews.com)
- Jefferies Group Research Analysts Lift Earnings Estimates for L-3 Communications Holdings, Inc. (LLL) (americanbankingnews.com)
- L-3 Technologies Secures Logistics Deal for T-1A Aircraft (finance.yahoo.com)
- SunTrust Banks Research Analysts Decrease Earnings Estimates for L-3 Communications Holdings, Inc. (LLL) (americanbankingnews.com)
- L-3 Communications (LLL) Price Target Increased to $230.00 by Analysts at Citigroup (americanbankingnews.com)
L-3 Communications (LLL) traded up $0.23 during midday trading on Friday, reaching $193.85. The company had a trading volume of 655,073 shares, compared to its average volume of 581,158. The firm has a market capitalization of $15,147.83, a P/E ratio of 22.49, a price-to-earnings-growth ratio of 3.25 and a beta of 1.19. L-3 Communications has a 1-year low of $143.54 and a 1-year high of $199.97. The company has a quick ratio of 1.62, a current ratio of 1.80 and a debt-to-equity ratio of 0.66.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 17th will be given a $0.75 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $3.00 annualized dividend and a yield of 1.55%. L-3 Communications’s payout ratio is 41.27%.
Several equities analysts have recently weighed in on LLL shares. Royal Bank Of Canada reaffirmed a “hold” rating and set a $182.00 target price on shares of L-3 Communications in a report on Friday, September 1st. Stifel Nicolaus upped their price target on shares of L-3 Communications from $195.00 to $205.00 and gave the stock a “hold” rating in a report on Friday, October 27th. Cowen reiterated a “buy” rating and set a $200.00 price target on shares of L-3 Communications in a report on Friday, October 27th. SunTrust Banks assumed coverage on shares of L-3 Communications in a report on Monday, November 20th. They set a “buy” rating for the company. Finally, Zacks Investment Research upgraded shares of L-3 Communications from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $198.36.
In related news, insider Michael T. Strianese sold 22,547 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $185.87, for a total value of $4,190,810.89. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last ninety days, insiders sold 67,639 shares of company stock worth $12,818,253. 2.90% of the stock is owned by insiders.
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L-3 Communications Company Profile
L3 Technologies, Inc, formerly L-3 Communications Holdings, Inc, is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems. The Company provides a broad range of communication and electronic systems and products used on military and commercial platforms.
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