Comparing Inflection Point Acquisition (NASDAQ:IPAX) and L3Harris Technologies (NYSE:LHX)

Inflection Point Acquisition (NASDAQ:IPAX – Get Rating) and L3Harris Technologies (NYSE:LHX – Get Rating) are both industrial products companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability and institutional ownership.

Valuation & Earnings

This table compares Inflection Point Acquisition and L3Harris Technologies’ top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Inflection Point Acquisition	N/A	N/A	-$320,000.00	N/A	N/A
L3Harris Technologies	$17.06 billion	2.25	$1.06 billion	$5.47	36.98

L3Harris Technologies has higher revenue and earnings than Inflection Point Acquisition.

Institutional and Insider Ownership

94.7% of Inflection Point Acquisition shares are owned by institutional investors. Comparatively, 82.2% of L3Harris Technologies shares are owned by institutional investors. 1.0% of L3Harris Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Inflection Point Acquisition and L3Harris Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Inflection Point Acquisition	N/A	-53.90%	-0.36%
L3Harris Technologies	6.22%	13.20%	7.37%

Analyst Ratings

This is a breakdown of recent ratings and price targets for Inflection Point Acquisition and L3Harris Technologies, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Inflection Point Acquisition	0	0	1	0	3.00
L3Harris Technologies	0	8	6	0	2.43

Inflection Point Acquisition currently has a consensus target price of $14.00, indicating a potential upside of 5.03%. L3Harris Technologies has a consensus target price of $259.46, indicating a potential upside of 28.27%. Given L3Harris Technologies’ higher possible upside, analysts plainly believe L3Harris Technologies is more favorable than Inflection Point Acquisition.

Risk and Volatility

Inflection Point Acquisition has a beta of 0.01, meaning that its share price is 99% less volatile than the S&P 500. Comparatively, L3Harris Technologies has a beta of 0.71, meaning that its share price is 29% less volatile than the S&P 500.

Summary

L3Harris Technologies beats Inflection Point Acquisition on 9 of the 11 factors compared between the two stocks.

About Inflection Point Acquisition

(Get Rating)

Inflection Point Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the consumer and technology industries. The company was incorporated in 2021 and is based in New York, New York.

About L3Harris Technologies

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L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.