RTX Corp (RTX) concluded trading on Wednesday at a closing price of $119.23, with 3.02 million shares of worth about $359.94 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.95% during that period and on December 04, 2024 the price saw a gain of about 0.96%. 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 -1.14% in past 5 days and over the past one month there was a price change of 1.04%. Year-to-date (YTD), RTX shares are showing a performance of 41.70% which increased to 43.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $79.67 but also hit the highest price of $128.70 during that period. The average intraday trading volume for RTX Corp shares is 5.03 million. The stock is currently trading -1.08% below its 20-day simple moving average (SMA20), while that difference is down -2.48% for SMA50 and it goes to 8.73% higher than SMA200.
RTX Corp (NYSE: RTX) currently have 1.33B outstanding shares and institutions hold larger chunk of about 79.82% of that.
The stock has a current market capitalization of $158.70B and its 3Y-monthly beta is at 0.87. PE ratio of stock for trailing 12 months is 34.05, while it has posted earnings per share of $3.50 in the same period. Its PEG reads 3.31 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 1.60% while standing at 1.87% over the month.
Stock’s fiscal year EPS is expected to rise by 10.15% while it is estimated to increase by 9.93% 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.
