Raytheon Technologies logged a -0.7% change during today's afternoon session, and is now trading at a price of $70.09 per share. The S&P 500 index moved 1.0%. RTX's trading volume is 3,574,580 compared to the stock's average volume of 8,089,604.
Raytheon Technologies trades -20.78% away from its average analyst target price of $88.48 per share. The 21 analysts following the stock have set target prices ranging from $70.0 to $110.0, and on average have given Raytheon Technologies a rating of hold.
Anyone interested in buying RTX should be aware of the facts below:
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Raytheon Technologies's current price is 11.8% above its Graham number of $62.72, which implies that at its current valuation it does not offer a margin of safety
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Raytheon Technologies has moved -17.0% over the last year, and the S&P 500 logged a change of 13.0%
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Based on its trailing earnings per share of 3.77, Raytheon Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 18.6 while the S&P 500 average is 15.97
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RTX has a forward P/E ratio of 12.5 based on its forward 12 month price to earnings (EPS) of $5.59 per share
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The company has a price to earnings growth (PEG) ratio of 1.27 — a number near or below 1 signifying that Raytheon Technologies is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.41 compared to its sector average of 3.78
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RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide.
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Based in Arlington, the company has 182,000 full time employees and a market cap of $102.02 Billion. Raytheon Technologies currently returns an annual dividend yield of 3.2%.