RTX (NYSE:RTX – Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Tuesday, January 28th. Analysts expect RTX to post earnings of $1.35 per share and revenue of $20,580,450.42 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
RTX Stock Performance
RTX stock opened at $125.23 on Friday. The stock has a fifty day moving average price of $118.38 and a 200 day moving average price of $118.41. RTX has a 52 week low of $88.90 and a 52 week high of $128.70. The firm has a market capitalization of $166.69 billion, a P/E ratio of 35.78, a PEG ratio of 1.99 and a beta of 0.81. The company has a current ratio of 0.99, a quick ratio of 0.73 and a debt-to-equity ratio of 0.62.
Analyst Ratings Changes
A number of research analysts have recently commented on RTX shares. Susquehanna dropped their price objective on shares of RTX from $150.00 to $139.00 and set a “positive” rating for the company in a research note on Wednesday, January 8th. Morgan Stanley upped their price target on shares of RTX from $120.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft upgraded shares of RTX from a “hold” rating to a “buy” rating and lifted their price target for the company from $131.00 to $140.00 in a report on Thursday, January 2nd. TD Cowen upgraded RTX to a “strong-buy” rating in a report on Tuesday, October 8th. Finally, Royal Bank of Canada upgraded RTX from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $130.00 to $140.00 in a report on Thursday, December 19th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.27.
About RTX
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
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