Why Are People Talking About Investing in RTX?

By Chris Stiles • Friday, December 15 13:23 • Permanent Link

Raytheon Technologies sank -2.2% today, compared to the S&P 500's day change of -0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Raytheon Technologies has moved -16.8% over the last year, and the S&P 500 logged a change of 22.5%
RTX has an average analyst rating of hold and is -7.48% away from its mean target price of $86.52 per share
Its trailing earnings per share (EPS) is $2.17
Raytheon Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 36.9 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $5.4 and its forward P/E ratio is 14.8
The company has a Price to Book (P/B) ratio of 1.67 in contrast to the S&P 500's average ratio of 2.95
Raytheon Technologies is part of the Industrials sector, which has an average P/E ratio of 22.19 and an average P/B of 4.06
The company has a free cash flow of $5.42 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for aircraft manufacturers and airlines, as well as regional, business, and general aviation; and for defense and commercial space operations. This segment also designs, produces, and supports cabin interior, oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; airborne intelligence, surveillance and reconnaissance systems, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and asset management services. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon Intelligence & Space segment develops and provides integrated space, communication, and sensor systems, and cyber and software solutions to intelligence, defense, federal, and commercial customers. The Raytheon Missiles & Defense segment provides end-to-end solutions for U.S. and foreign government customers designed to detect, track, and engage threats. The company was formerly known as Raytheon Technologies Corporation and changed its name to RTX Corporation in July 2023. RTX Corporation was incorporated in 1934 and is headquartered in Arlington, Virginia.

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.