Some Investing Thoughts On RTX Corp (NYSE: RTX)

RTX Corp (RTX) concluded trading on Wednesday at a closing price of $126.78, with 5.15 million shares of worth about $653.33 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.73% during that period and on February 12, 2025 the price saw a loss of about -1.80%. 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 -1.84% in past 5 days and over the past one month there was a price change of 7.68%. Year-to-date (YTD), RTX shares are showing a performance of 9.56% which increased to 40.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $88.90 but also hit the highest price of $132.43 during that period. The average intraday trading volume for RTX Corp shares is 4.50 million. The stock is currently trading 0.33% above its 20-day simple moving average (SMA20), while that difference is up 5.03% for SMA50 and it goes to 9.81% higher than SMA200.

RTX Corp (NYSE: RTX) currently have 1.33B outstanding shares and institutions hold larger chunk of about 80.93% of that.

The stock has a current market capitalization of $168.89B and its 3Y-monthly beta is at 0.85. PE ratio of stock for trailing 12 months is 35.68, while it has posted earnings per share of $3.55 in the same period. Its PEG reads 3.69 and has Quick Ratio of 0.74 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 1.46% while standing at 2.00% over the month.

Stock’s fiscal year EPS is expected to rise by 7.03% while it is estimated to increase by 11.58% in next year. EPS is likely to grow at an annualized rate of 9.66% for next 5-years, compared to annual growth of -11.13% made by the stock over the past 5-years.

Coverage by Citigroup stated RTX Corp (RTX) stock as a Buy in their note to investors on January 21, 2025, suggesting a price target of $153 for the stock. On January 02, 2025, Deutsche Bank Upgrade their recommendations, while on December 19, 2024, RBC Capital Mkts Upgrade their ratings for the stock with a price target of $140. Stock get a Hold rating from Deutsche Bank on October 03, 2024.

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