RTX Corp (RTX) concluded trading on Thursday at a closing price of $118.92, with 6.07 million shares of worth about $722.28 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.08% during that period and on November 14, 2024 the price saw a loss of about -3.90%. 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 -0.97% in past 5 days and over the past one month there was a price change of -5.78%. Year-to-date (YTD), RTX shares are showing a performance of 41.34% which increased to 47.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $78.00 but also hit the highest price of $128.70 during that period. The average intraday trading volume for RTX Corp shares is 5.08 million. The stock is currently trading -3.22% below its 20-day simple moving average (SMA20), while that difference is down -2.68% for SMA50 and it goes to 10.29% higher than SMA200.
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RTX Corp (NYSE: RTX) currently have 1.33B outstanding shares and institutions hold larger chunk of about 81.46% of that.
The stock has a current market capitalization of $158.28B and its 3Y-monthly beta is at 0.88. PE ratio of stock for trailing 12 months is 33.96, while it has posted earnings per share of $3.50 in the same period. Its PEG reads 3.30 and has Quick Ratio of 0.73 while making debt-to-equity ratio of 0.72. 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 2.45% while standing at 1.85% over the month.
Stock’s fiscal year EPS is expected to rise by 10.09% while it is estimated to increase by 9.94% in next year. EPS is likely to grow at an annualized rate of 10.28% 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 Deutsche Bank on October 03, 2024 offering a Hold rating for the stock and assigned a target price range of between $109 and $129 to it. Coverage by BofA Securities stated RTX Corp (RTX) stock as a Buy in their note to investors on July 31, 2024, suggesting a price target of $140 for the stock. On July 30, 2024, Alembic Global Advisors Upgrade their recommendations, while on March 14, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $120. Stock get a Neutral rating from BofA Securities on January 25, 2024.
