Raytheon Technologies moved -1.7% this evening session, trading between a high of $75.71 and a low of $73.66 per share. Yesterday the stock finished at $76.9 per share, compared to an average analyst target price of $99.43.
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. The large-cap aerospace company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.9%. Raytheon Technologies has trailing twelve months earnings per share (EPS) of 3.77, which at today's prices amounts to a price to earnings (P/E) ratio of 20.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.42. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
At 20.8%, Raytheon Technologies's average gross margins are wider than the 16.69% average of its industry peer group, which suggests that the firm might have a competitive advantage.