Now Is A Suitable Moment For A Long-Term Purchase Of RTX Corp (NYSE: RTX)

Currently, there are 1.34B common shares owned by the public and among those 1.33B shares have been available to trade.

The company’s stock has a 5-day price change of 2.00% and 17.68% over the past three months. RTX shares are trading 16.39% year to date (YTD), with the 12-month market performance up to 42.00% higher. It has a 12-month low price of $94.19 and touched a high of $135.74 over the same period. RTX has an average intraday trading volume of 4.87 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.12%, 5.84%, and 13.42% respectively.

Institutional ownership of RTX Corp (NYSE: RTX) shares accounts for 81.41% of the company’s 1.34B shares outstanding.

It has a market capitalization of $179.82B and a beta (3y monthly) value of 0.65. The stock’s trailing 12-month PE ratio is 37.91, while the earnings-per-share (ttm) stands at $3.55. The company has a PEG of 3.89 and a Quick Ratio of 0.74 with the debt-to-equity ratio at 0.72. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.66% over the week and 1.95% over the month.

Earnings per share for the fiscal year are expected to increase by 6.96%, and 11.48% over the next financial year. EPS should grow at an annualized rate of 9.75% over the next five years, compared to -11.13% over the past 5-year period.

Looking at the support for the RTX, a number of firms have released research notes about the stock. Robert W. Baird stated their Outperform rating for the stock in a research note on March 19, 2025, with the firm’s price target at $136-$160. UBS coverage for the RTX Corp (RTX) stock in a research note released on February 24, 2025 offered a Buy rating with a price target of $147. Argus was of a view on February 11, 2025 that the stock is Buy, while Citigroup gave the stock Buy rating on January 21, 2025, issuing a price target of $132- $153. Deutsche Bank on their part issued Buy rating on January 02, 2025.

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