RTX Corp (RTX) concluded trading on Wednesday at a closing price of $124.38, with 5.1 million shares of worth about $634.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.86% during that period and on January 22, 2025 the price saw a loss of about -1.09%. 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 4.11% in past 5 days and over the past one month there was a price change of 8.68%. Year-to-date (YTD), RTX shares are showing a performance of 7.48% which increased to 45.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $85.01 but also hit the highest price of $128.70 during that period. The average intraday trading volume for RTX Corp shares is 4.64 million. The stock is currently trading 5.66% above its 20-day simple moving average (SMA20), while that difference is up 4.87% for SMA50 and it goes to 9.63% higher than SMA200.
RTX Corp (NYSE: RTX) currently have 1.33B outstanding shares and institutions hold larger chunk of about 80.15% of that.
The stock has a current market capitalization of $165.55B and its 3Y-monthly beta is at 0.88. PE ratio of stock for trailing 12 months is 35.52, 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 1.76% while standing at 1.53% over the month.
Analysts are in expectations that RTX Corp (RTX) stock would likely to be making an EPS of 1.38 in the current quarter, while forecast for next quarter EPS is 1.38 and it is 6.08 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.31 which is 1.43 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.29 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 10.24% while it is estimated to increase by 9.18% in next year. EPS is likely to grow at an annualized rate of 10.74% 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 Citigroup on January 21, 2025 offering a Buy rating for the stock and assigned a target price range of between $132 and $153 to it. Coverage by Deutsche Bank stated RTX Corp (RTX) stock as a Buy in their note to investors on January 02, 2025, suggesting a price target of $140 for the stock. On December 19, 2024, RBC Capital Mkts Upgrade their recommendations, while on October 03, 2024, Deutsche Bank Upgrade their ratings for the stock with a price target of $129. Stock get a Buy rating from BofA Securities on July 31, 2024.
