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Raytheon Technologies (RTX)
NYSE:RTX
Raytheon Technologies (RTX) Stock Price & Analysis
9,568 Followers
RTX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.61 - $106.53
Previous Close$106.32
Volume6.05M
Average Volume (3M)8.03M
Market Cap
$141.35B
Enterprise Value$181.65B
Total Cash (Recent Filing)$6.59B
Total Debt (Recent Filing)$45.24B
Price to Earnings (P/E)41.7
Beta0.54
Next Earnings
Jul 23, 2024EPS Estimate
$1.3Next Dividend Ex-Date
May 16, 2024Dividend Yield2.22%
Share Statistics
EPS (TTM)2.55
Shares Outstanding1,329,506,013
10 Day Avg. Volume6,757,801
30 Day Avg. Volume8,029,570
Standard Deviation0.09
R-Squared0.16
Alpha-0.00385
Financial Highlights & Ratios
Price to Book (P/B)-4.82
Price to Sales (P/S)2.05
Price to Cash Flow (P/CF)14.60
P/FCF Ratio19.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.05
Enterprise Value/Gross Profit15.03
Enterprise Value/Ebitda34.01
Forecast
1Y Price Target
$105.54Price Target Upside-0.25% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Raytheon Technologies News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRaytheon's adjusted operating profit and margin expansion reflect a strong performance with robust bookings and a solid backlog.
Market OpportunityRaytheon's robust total backlog of $202B suggests strong future revenue potential, highlighting the company's promising position in the market.
Operational EfficiencyCollins Aerospace's sales were up organically, with significant growth in commercial aftermarket and OEM, indicating strong demand and operational success.
Bears Say
Financial ForecastsAnalyst forecasts for RTX's Free Cash Flow (FCF) in 2025 are below the company's target, estimating $5.7 billion versus RTX's goal of $7.5 billion.
Operational ChallengesPratt & Whitney's margins were compressed due to an unfavorable OE mix and the absence of a favorable one-time contract matter.
Product Reliability IssuesJBLU flight flying from London Heathrow to JFK was diverted to Shannon, Ireland when one of its PW1100G engines stalled mid-flight for currently unknown reasons.
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Ownership Overview
0.48% Insiders
33.05% Mutual Funds
25.96% Other Institutional Investors
40.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RTX FAQ
What was Raytheon Technologies’s price range in the past 12 months?
Raytheon Technologies lowest stock price was $67.61 and its highest was $106.53 in the past 12 months.
What is Raytheon Technologies’s market cap?
Currently, no data Available
When is Raytheon Technologies’s upcoming earnings report date?
Raytheon Technologies’s upcoming earnings report date is Jul 23, 2024 which is in 70 days.
How were Raytheon Technologies’s earnings last quarter?
Raytheon Technologies released its earnings results on Apr 23, 2024. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.233 by $0.107.
Is Raytheon Technologies overvalued?
According to Wall Street analysts Raytheon Technologies’s price is currently Overvalued.
Does Raytheon Technologies pay dividends?
Raytheon Technologies pays a Quarterly dividend of $0.63 which represents an annual dividend yield of 2.22%. See more information on Raytheon Technologies dividends here
What is Raytheon Technologies’s EPS estimate?
Raytheon Technologies’s EPS estimate is $1.3.
How many shares outstanding does Raytheon Technologies have?
Raytheon Technologies has 1,329,506,000 shares outstanding.
What happened to Raytheon Technologies’s price movement after its last earnings report?
Raytheon Technologies reported an EPS of $1.34 in its last earnings report, beating expectations of $1.233. Following the earnings report the stock price went down -0.177%.
Which hedge fund is a major shareholder of Raytheon Technologies?
Among the largest hedge funds holding Raytheon Technologies’s share is Dodge & Cox. It holds Raytheon Technologies’s shares valued at 4B.
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Raytheon Technologies Stock Smart Score
Outperform
1
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4
5
6
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$105.54 (-0.25% Downside)
$105.54 (-0.25% Downside)
Blogger Sentiment
Bullish
RTX Sentiment 95%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 8.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.42%
12-Months-Change
Fundamentals
Return on Equity
5.22%
Trailing 12-Months
Asset Growth
-0.90%
Trailing 12-Months
Company Description
Raytheon Technologies
Based in Massachusetts, Raytheon Technologies Corporation, an aerospace and defense company, provides advanced systems and services for commercial, military, and government customers worldwide. The company operates through four business segments, including Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. The company was formed in April 2020, through the combination of Raytheon company and the United Technologies Corporation aerospace businesses.
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RTX Company Deck
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RTX Earnings Call
Q1 2024
0:00 / 0:00
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RTX Net sales Breakdown
71.93% Products
28.07% Services
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RTX Stock 12 Month Forecast
Average Price Target
$105.54
▼(-0.25% Downside)
Technical Analysis
Best Analysts Covering RTX
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+12.17%
reiterated a buy rating 4 months ago
Copying Myles Walton's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +12.17% per trade.
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