RTX Corp (RTX) concluded trading on Tuesday at a closing price of $104.77, with 3.98 million shares of worth about $417.21 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 30.51% during that period and on June 18, 2024 the price saw a gain of about 0.29%. Currently the company’s common shares owned by public are about 1.33B shares, out of which, 1.33B shares are available for trading.
Stock saw a price change of -2.01% in past 5 days and over the past one month there was a price change of 0.57%. Year-to-date (YTD), RTX shares are showing a performance of 24.52% which increased to 7.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $68.56 but also hit the highest price of $108.65 during that period. The average intraday trading volume for RTX Corp shares is 6.80 million. The stock is currently trading -1.47% below its 20-day simple moving average (SMA20), while that difference is up 0.78% for SMA50 and it goes to 17.70% higher than SMA200.
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RTX Corp (NYSE: RTX) currently have 1.33B outstanding shares and institutions hold larger chunk of about 84.37% of that.
The stock has a current market capitalization of $139.29B and its 3Y-monthly beta is at 0.89. PE ratio of stock for trailing 12 months is 41.10, while it has posted earnings per share of $2.55 in the same period. Its PEG reads 3.59 and has Quick Ratio of 0.79 while making debt-to-equity ratio of 0.73. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RTX, volatility over the week remained 1.47% while standing at 1.22% over the month.
Stock’s fiscal year EPS is expected to rise by 6.62% while it is estimated to increase by 13.44% in next year. EPS is likely to grow at an annualized rate of 11.44% for next 5-years, compared to annual growth of -19.30% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on March 14, 2024 offering an Overweight rating for the stock and assigned a target price range of between $100 and $120 to it. Coverage by BofA Securities stated RTX Corp (RTX) stock as a Neutral in their note to investors on January 25, 2024, suggesting a price target of $100 for the stock. Stock get a Sell rating from DZ Bank on October 27, 2023.
