RTX Corp (RTX) concluded trading on Wednesday at a closing price of $119.09, with 4.27 million shares of worth about $507.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.86% during that period and on January 15, 2025 the price saw a loss of about -0.32%. 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 3.74% in past 5 days and over the past one month there was a price change of 2.62%. Year-to-date (YTD), RTX shares are showing a performance of 2.91% which increased to 37.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $84.43 but also hit the highest price of $128.70 during that period. The average intraday trading volume for RTX Corp shares is 4.62 million. The stock is currently trading 2.30% above its 20-day simple moving average (SMA20), while that difference is up 0.65% for SMA50 and it goes to 5.42% higher than SMA200.
RTX Corp (NYSE: RTX) currently have 1.33B outstanding shares and institutions hold larger chunk of about 80.17% of that.
The stock has a current market capitalization of $158.51B and its 3Y-monthly beta is at 0.87. PE ratio of stock for trailing 12 months is 34.01, while it has posted earnings per share of $3.50 in the same period. Its PEG reads 3.17 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 1.80% while standing at 1.51% over the month.
Stock’s fiscal year EPS is expected to rise by 10.13% while it is estimated to increase by 9.30% in next year. EPS is likely to grow at an annualized rate of 10.72% 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 January 02, 2025 offering a Buy rating for the stock and assigned a target price range of between $131 and $140 to it. Coverage by RBC Capital Mkts stated RTX Corp (RTX) stock as an Outperform in their note to investors on December 19, 2024, suggesting a price target of $140 for the stock. On October 03, 2024, Deutsche Bank Upgrade their recommendations, while on July 31, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $140. Stock get an Overweight rating from Alembic Global Advisors on July 30, 2024.
