RTX Corporation (RTX)
| Market Cap | 164.73B |
| Revenue (ttm) | 72.42B |
| Net Income (ttm) | 2.26B |
| Shares Out | 1.33B |
| EPS (ttm) | 1.66 |
| PE Ratio | 74.79 |
| Forward PE | 21.92 |
| Dividend | $2.52 (2.03%) |
| Ex-Dividend Date | Aug 16, 2024 |
| Volume | 2,772,635 |
| Open | 125.22 |
| Previous Close | 124.39 |
| Day's Range | 123.67 - 125.53 |
| 52-Week Range | 68.56 - 125.53 |
| Beta | 0.54 |
| Analysts | Buy |
| Price Target | 120.79 (-2.62%) |
| Earnings Date | Oct 22, 2024 |
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 15 analysts, the average rating for RTX stock is "Buy." The 12-month stock price forecast is $120.79, which is a decrease of -2.62% from the latest price.
News
Opportunity In Missile Defense Stocks, Once In A Century Buying Stampede In Hong Kong
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RTX to develop ultra-wide bandgap semiconductors for DARPA
New class of materials offer improved conductivity and thermal management properties ANDOVER, Mass. , Oct. 2, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a three-year,...
Ladner: Defense stocks are probably not a bad place to be right now.
Scott Ladner, Chief Investment Officer at Horizon Investments, discussess Middle East tensions, defense stocks, and the Fed's rate cuts. He's optimistic about biotech and health care due to AI, and se...
RTX stock price is firing on all cylinders: is it a good buy?
The RTX (RTX) stock price continued its robust surge as geopolitical tensions rose this week. It jumped to a fresh all-time high of $124.40 on Tuesday, bringing the year-to-date gains 50%, making it i...
Defense Stocks Hit All-Time Highs Amid Middle East Escalation
In a predictably grim phenomenon tied to outbreaks of global violence, aerospace and defense stocks climbed to record prices in an otherwise down day for the stock market, as Wall Street reacted to th...
RTX's Pratt & Whitney opens its largest Military Engines facility in Oklahoma City
$255 million investment will support global sustainment for F135, F117, TF33, F100 and F119 engines OKLAHOMA CITY , Oct. 1, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX business (NYSE: RTX), celebrate...
RTX's Raytheon awarded U.S. Navy contract for Next Generation Jammer Mid-Band Expansion
Capability upgrade will counter new adversary threats MCKINNEY, Texas , Oct. 1, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $192 million contract from the U.S. Navy ...
RTX: Strong Battle Companion On Your Portfolio
Defense is a crucial equity allocation due to rising global conflicts, with RTX positioned in air defense and tech warfare sectors. RTX excels in aerospace and defense with strong segments like Collin...
RTX to release third quarter results on October 22, 2024
ARLINGTON, Va. , Oct. 1, 2024 /PRNewswire/ -- RTX (NYSE: RTX) will issue its third quarter 2024 earnings Tuesday, October 22, prior to the stock market opening.
RTX's Pratt & Whitney awarded F135 Engine Core Upgrade contract
$1.3 billion contract will enable continued design maturation and aircraft integration EAST HARTFORD, Conn. , Sept. 30, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has been awa...
RTX's Raytheon delivers Missile-Warning Sensor
USSF Next-Gen OPIR payload to provide critical missile warning data EL SEGUNDO, Calif. , Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, delivered its first sensor payload to pri...
RTX receives U.S. Navy contract for ESSM Block 2 Missiles
Multi-mission weapon system will provide increased flexibility and capability for U.S. and allied navies TUCSON, Ariz. , Sept. 30, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has recei...
3 Dividend Stocks To Buy And Hold Forever -- No Matter The Headlines
Despite knowing tomorrow's news, most traders lose money. Short-term trading is risky, making long-term dividend investing a better strategy. Reliable dividend stocks offer stability. They thrive desp...
airBaltic and RTX's Pratt & Whitney Unveil Long-Term Engine Maintenance Deal
GTF maintenance agreement supports airline's growth plans EAST HARTFORD, Conn. , Sept. 23, 2024 /PRNewswire/ -- Latvian national airline airBaltic and Pratt & Whitney have announced a long-term Engine...
RTX Corporation: Soaring High With Aerospace And Defense Growth
RTX Corporation has shown strong returns with a 43% total return since December, driven by a robust backlog and solid growth in aerospace and defense sectors. The company benefits from a wide installe...
RTX's Collins Aerospace receives first-ever FAA approval to increase cockpit processing power
Collins' Display with Mosarc increases cockpit processing power by 75% and decreases certification risk CEDAR RAPIDS, Iowa , Sept. 18, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) busine...
RTX's Raytheon selected to streamline production of SPY-6 Transmit/Receive modules
Manufacturing advancements expected to reduce production costs ANDOVER, Mass. , Sept. 17, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded an Office of Naval Research (ONR)...
Boys & Girls Clubs of America and RTX Introduce First-of-its-kind STEM Curriculum to Kids and Teens Nationwide
ATLANTA--(BUSINESS WIRE)-- #GreatFutures--Today, RTX and Boys & Girls Clubs of America are introducing a first-of-its-kind STEM curriculum rolling out to Clubs nationwide. Developed in collaboration w...
Buy High-Quality Dividends Before It's Too Late - And 11 Picks Worth Considering
The Fed's rate cuts could trigger a rotation from bonds to dividend stocks, as investors seek alternatives for stable, attractive income. High-quality dividend stocks, particularly those offering infl...
RTX's Raytheon, Northrop Grumman successfully test solid rocket motor
Test validates design maturity and performance ROCKET CENTER, W.Va., Sept. 12, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Northrop Grumman (NYSE: NOC) have successfully completed ...
RTX Corporation (RTX) Morgan Stanley's 12th Annual Laguna Conference (Transcript)
RTX Corporation (NYSE:RTX) Morgan Stanley's 12th Annual Laguna Conference Call September 11, 2024 2:45 PM ET Company Participants Chris Calio - President & Chief Executive Officer Conference Call Par...
RTX to prioritize streamlining over major M&As, CEO says
RTX is open to pruning and pairing its existing businesses rather than pursuing "transformative" mergers and acquisitions, the aerospace giant's CEO said on Wednesday.
RTX sees labor challenges, exploring alternatives to China suppliers
The head of aerospace and defense giant RTX said on Tuesday that global supply chains remain stretched in the wake of the COVID-19 pandemic and finding qualified labor for aerospace factories remains ...
Lockheed Martin and RTX stocks have surged; brace for a pullback
Lockheed Martin (LMT) stock price is firing on all cylinders this year as it continues to outperform its key rivals. It surged to a high of $578.40 on Wednesday, bringing the year-to-date gains to 26....
Pratt & Whitney settles engineers' no-poach lawsuit for $33 mln
Aerospace giant RTX's Pratt & Whitney unit has agreed to pay $33 million to resolve a class action claiming it artificially suppressed wages for tens of thousands of current and former engineers.