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Stock of the Day: HARRIS CORPORATION (HRS) PDF Print E-mail
Stock of the Day - Daily Article
Written by MsEconometrica   
Friday, 05 August 2011 21:17

Harris Corporation is a global communications material  and information technology company which founded in Florida in 1985. Harris Corporation acquired more than 30 companies in the years of 1995-2011, which made Harris Corporation a worldwide market. Harris Corporation proceeds in three section: RF Communications, Government Communications Systems, and Broadcast Communications in more than 150 countries. RF Communications are the communication systems for the public safety also federal, commercial, and transportation markets. Government communications systems are especially for defense systems of the countries. The Broadcast Communications part provides networking solutions, media solutions, play-out automation and transmission systems. For supporting the U.S. Army Dental Command, and U.S. Army dental clinics around the world, Harris Corporation got a $4.3 million complete contract as an award.

Harris Corporation has a market cap of $4.77 billion. Revenues for the fiscal 2011 are up 14% to $5.92 billion compared with the same period of prior year. With a profit margin of 10.60%, HRS offered 2.67% dividend last year. Analysts expect HRS to have a 8.87% EPS growth during the next 5 years. Harris Corporation has a P/E ratio of 8.00 and forward P/E ratio of 7.40. According to the fiscal year report, net income increased   4.62%, compared to the same period of 2010. The band of trade is shrinking continuously since three months.


 

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