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A communications and information technology company serving government and commercial markets in more than 150 countries.
Amazing company, great products, and the most reliable customer in the world.
Yield 3.05%. DGR 17%. PE 11. Normal PE 22. EPS Growth 9%. 11 year Dividend Contender. Undervalued. Position held in Brokerage account. Reinvesting dividends. Intend to increase position using cash dividend payouts from other stocks and new investment funds.
A high dividend yield and government contracts push this stock onto my "Outperform" list
People worry about defense spending cuts, but the world isn't getting any safer.
346. Harris Corporation (NYSE: HRS) is doing buybacks on the borrowed dollar. I would normally dislike this but I think that they are fine for now. I actually think that they are remarkably cheap. I'm a fan of the buybacks. They've been a growth story and are forecasting growth and are doing buybacks at a cheap price. Brilliant. Target: $45-$55. Outperform. They also come with a solid dividend of 2.7% at present. If I was them I'd cut the dividend in half and do more buybacks. It's better for long term shareholder value at these prices. When the valuation is low I want companies to do buybacks and when the valuation is high I want them to pay dividends.http://beta.fool.com/bradford86/2012/02/02/whats-it-worth-57/1577/
As 2012 wears on and the market gets more and more confident Obama is out the door, HRS will steadily march up and then take off once Republicans are back in control. Nice dividend, too...
Rifleman Radio, JTRS, android stuffs. Good potential.
Dividend; last five years of div increases; reasonable mid-2011 multiple
P/S=1Manageable debt 455m cash vs 1.17b LT debt.PE=9.4Has moat.
I've seen and used Harris products in the field. With the ever increasing communications demands of today's military, Harris isn't going away any time soon. They provide essential capabilities to any mobile unit.
Filling out my CAPS player with highly-ranked dividend payers.
great fcf, low dividend payout and good growth. Defense sector will continue to do well, given the middle east turmoil
I expect Harris to grow and steal market share from their competitors, especially in the government / public safety communication market. My target is 3 years.
A really well run company in a depressed sector. Tops in its field. Great balance sheet. Consistent earnings and revenue growth. Defense cuts fears overblown. What not to like?
Earnings for quarter up 56.1% over last year. Sales for quarter up 17% over last year. Beat earnings estimates by 3.2% Worth $76.25. Trading at a 70% discount.
Good earnings ahead.
This stock qualifies for my high stable dividends screen, which typically outperforms the S&P 500 by more than 10% per year. The idea of the screen is to look for stocks that meet the following criteria: (1) dividend yields above 2% (2) stock seems undervalued and (3) dividend appears to be sustainable or growing. I think that Mr. Market will reward this type of stock in the near future as investors flee bonds in search of higher yields. Stable stocks should look appealing given the uncertain economic future for developed economies. The current dividend yield of Harris Corp is about 2.2%. Current ROE is 28% and the stock is trading for just 10 times expected earnings. The current payout ratio is 0.2 and the five year average payout ratio is 0.2
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