Is It Too Late To Consider L3Harris Technologies (LHX) After A 73% One Year Surge?

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L3Harris Technologies (LHX) has seen a 73% surge over the past year, leading investors to question its current valuation. A Discounted Cash Flow (DCF) analysis suggests the stock might be undervalued by 10.4% at around $340 per share, estimating an intrinsic value of $379.60. However, its P/E ratio of 39.63x is above Simply Wall St’s Fair Ratio of 33.43x, indicating it could be overvalued by this metric.

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