Stock Impressing Investors: Harris Corporation (NYSE:HRS)

Harris Corporation (NYSE:HRS) stock has seen a rise as of late. Shares have hit a new 52-week high after reaching $118.49 during recent trading action. Investors will be watching to see if the name can maintain momentum heading into the new year.Since the start of the calendar year, Harris Corporation (NYSE:HRS)’s stock has changed 15.69%. Over the last five trading sessions, the stock has moved 1.98%. For the past month, Harris Corporation’s stock has been 3.34%, 8.80% for the last quarter, 13.00% for the past six months and 32.03% for the past 52 weeks.

Based on current stock levels, Harris Corporation shares are trading -0.08% off of the 50-day high and 9.94% away from the 50-day low.

Earnings Per Share (EPS), the portion of a company’s profit distributed to each outstanding common share, is a useful indicator of a company’s profitability. EPS is typically considered to be the most important variable in determining a share’s price. Harris Corporation (NYSE:HRS)’s EPS growth this year is 86.50% and the trailing 12-month EPS is $5.15. Covering sell-side analysts are estimating company growth for next year to be 14.18%. On a consensus basis, analysts have given a recommendation of 1.80 on company shares.

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