RTX Corporation (RTX)
| Market Cap | 161.20B |
| Revenue (ttm) | 79.04B |
| Net Income (ttm) | 4.72B |
| Shares Out | 1.33B |
| EPS (ttm) | 3.51 |
| PE Ratio | 34.48 |
| Forward PE | 20.85 |
| Dividend | $2.52 (2.08%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 3,364,169 |
| Open | 120.60 |
| Previous Close | 120.46 |
| Day's Range | 119.89 - 121.35 |
| 52-Week Range | 84.43 - 128.70 |
| Beta | 0.54 |
| Analysts | Buy |
| Price Target | 132.86 (+9.7%) |
| Earnings Date | Jan 28, 2025 |
About RTX
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segm... [Read more]
Financial Performance
In 2023, RTX Corporation's revenue was $68.92 billion, an increase of 2.75% compared to the previous year's $67.07 billion. Earnings were $3.20 billion, a decrease of -38.52%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for RTX stock is "Buy." The 12-month stock price forecast is $132.86, which is an increase of 9.70% from the latest price.
News
Raytheon Takes Flight, Boeing Needs More Than Hype: Analyst
While RTX Corp RTX is set to gain altitude with its steady growth trajectory, Boeing Co BA still has to prove it can deliver beyond just maintaining expectations.
RTX's Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system
Replacement equipment will backfill fire unit sent to Ukraine ANDOVER, Mass. , Jan. 16, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $529 million contract to supply the Ne...
RTX Corporation: A Resilient Growth Story In Aerospace And Defense
RTX Corporation shows strong operational performance with impressive sales and profit growth and a record $221 billion backlog. Its robust defense market momentum is demonstrated by recent material ne...
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RTX's Raytheon awarded $333 million contract for SM-6 Block IA production
Missile supports anti-air, anti-surface warfare and sea-based terminal ballistic missile defense in one solution TUCSON, Ariz. , Jan. 13, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, wa...
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RTX to release fourth quarter results on January 28, 2025
ARLINGTON, Va. , Jan. 7, 2025 /PRNewswire/ -- RTX (NYSE: RTX) will issue its fourth quarter and full year 2024 earnings results on Tuesday, January 28, prior to the stock market opening.
RTX's Raytheon awarded $946 million contract to provide additional Patriot air defense systems to Romania
Contract marks the third Patriot order for Romania ANDOVER, Mass. , Jan. 3, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $946 million contract to supply Romania with addit...
RTX Corporation: A Low-Risk, Potential Long-Term Upside Trade For 2025
RTX Corporation, a leading aerospace and defense conglomerate, has seen significant growth, with Q3'24 sales up 49.21% YoY and EBITDA of $2.99 billion. The company benefits from geopolitical tensions,...
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RTX Stock Rises After Buy Upgrade. It Shrugs Off Musk Jet Spending Fears.
RBC analyst Ken Herbert upgraded the shares to Buy from Hold. His price target went to $140 from $130, up almost 25% from recent levels.
RTX aims to boost India headcount by 14% in 3 years, execs say
U.S. aerospace and defence giant RTX Corp plans to hire 1,000 more people to its 7,000-strong workforce in India by 2027, its top executives told Reuters, as it looks for more engineers and data scien...
RTX's Raytheon and Ursa Major conduct successful flight test
Key milestone for the rapid development of affordable, long-range precision munitions TUCSON, Ariz. , Dec. 18, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Ursa Major announced its ...
Could Lockheed, Northrop, and RTX gain from US drone sightings?
Amid reports of drone sightings in the Northeastern US, the reported drones have garnered the attention of many, including President-elect Donald Trump. Bloomberg Intelligence senior aerospace defense...
RTX's Collins Aerospace announces avionics modernization program for King Air and Hawker aircraft
Cutting edge avionics upgrades enhance aircraft operability, safety and efficiency CEDAR RAPIDS, Iowa , Dec. 16, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has announced a co...
RTX's Pratt & Whitney GTF engine receives FAA certification to power the A321XLR
Entry into service expected in 2025 EAST HARTFORD, Conn. , Dec. 16, 2024 /PRNewswire/ --Pratt & Whitney, an RTX (NYSE: RTX) business, announced today that it has received U.S. Federal Aviation Adminis...
RTX Corporation Earnings Shows The Potential
RTX Corporation reported strong 3Q results with 6% adjusted growth, $2 billion FCF, and over $20 billion in revenue, positioning it for future outperformance. The company expects high single-digit sal...
Trade Tracker: Kevin Simpson buys RTX and more CME Group
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's 'Halftime Report' to discuss his latest buys.
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RTX's Raytheon Lower Tier Air and Missile Defense Sensor continues to detect, track, and intercept complex targets in live fire tests
U.S. Army soldiers successfully test LTAMDS during operational assessment WHITE SANDS MISSILE RANGE, N.M., Dec. 11, 2024 /PRNewswire/ -- Raytheon, an RTX business, announced that U.S. Army air defense...
RTX's Raytheon High-Energy Laser Weapon System fired by British Army for first time
Soldiers successfully tested the Raytheon laser weapon at moving targets at MoD range in Wales LONDON , Dec. 11, 2024 /PRNewswire/ -- Raytheon UK, part of RTX's (NYSE: RTX) Raytheon business, announce...
RTX's Collins Aerospace enables disparate network communication to expand situational awareness at Keen Sword
Collins used multiple technologies to securely integrate non-traditional sensor data into III Marine Expeditionary Force classified fires network OKINAWA, Japan , Dec. 10, 2024 /PRNewswire/ -- Collins...
RTX BBN Technologies to support ARPA-H AI-powered medical chatbots reliability evaluation effort
BBN developing technology to assess the reliability and accuracy of healthcare responses CAMBRIDGE, Mass. , Dec. 10, 2024 /PRNewswire/ -- RTX BBN Technologies received an award to support the Advanced...
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