Consider This Before Taking a Position in Raytheon Technologies (RTX)

Join us for a quick overview of Raytheon Technologies, a Aircraft Engines & Engine Parts company whose shares moved 0.02% today. Here are some facts about the stock that should help you see the bigger picture:

  • Raytheon Technologies has moved -0.4% over the last year, and the S&P 500 logged a change of -9.44%

  • RTX has an average analyst rating of buy and is -9.92% away from its mean target price of $108.86 per share

  • Its trailing earnings per share (EPS) is $3.47

  • Raytheon Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 28.26 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $5.82 and its forward P/E ratio is 16.85

  • The company has a Price to Book (P/B) ratio of 2.093 in contrast to the S&P 500's average ratio of 2.95

  • Raytheon Technologies is part of the Consumer Cyclical sector, which has an average P/E ratio of 22.33 and an average P/B of 3.12

  • Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Waltham, Massachusetts. It is one of the largest aerospace, intelligence services providers, and defense manufacturers in the world by revenue and market capitalization. Raytheon Technologies (RTX) researches, develops, and manufactures advanced technology products in the aerospace and defense industry, including aircraft engines, avionics, aerostructures, cybersecurity, guided missiles, air defense systems, satellites, and drones.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.