Raytheon Technologies Corporation (RTX)
| Market Cap | 138.51B |
| Revenue (ttm) | 62.30B |
| Net Income (ttm) | 2.18B |
| Shares Out | 1.52B |
| EPS (ttm) | 1.46 |
| PE Ratio | 63.05 |
| Forward PE | 18.12 |
| Dividend | $1.94 (2.11%) |
| Ex-Dividend Date | Nov 18, 2021 |
| Volume | 4,161,122 |
| Open | 91.67 |
| Previous Close | 91.61 |
| Day's Range | 91.18 - 92.32 |
| 52-Week Range | 50.62 - 92.32 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 102.65 (+11.7%) |
| Est. Earnings Date | Oct 26, 2021 |
About RTX
Raytheon Technologies Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for aircraft manufacturers and airlines, as well as regional, business, and general aviation; and for defense and commercial space ...
Financial Performance
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for RTX stock is "Buy." The 12-month stock price forecast is 102.65, which is an increase of 11.75% from the latest price.
News
Raytheon Technologies (RTX) Gains As Market Dips: What You Should Know
In the latest trading session, Raytheon Technologies (RTX) closed at $91.86, marking a +0.27% move from the previous day.
What Awaits Raytheon Technologies (RTX) in Q3 Earnings?
Raytheon's (RTX) Q3 results are expected to reflect favorable sales and earnings performance driven by improved trends in commercial aerospace OEM and aftermarket spaces.
Raytheon Technologies (RTX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Raytheon Technologies (RTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Blue-chip stocks that have growing cash flow, good value, and have strong growth are suitable investments as the market downturn worsens. The post 7 Blue Chips to Shield Your Portfolio From Market Downt...
Raytheon Technologies Board of Directors Declares Quarterly Cash Dividend
WALTHAM, Mass., Oct. 13, 2021 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) announced today that its board of directors declared a dividend of 51 cents per outstanding share of RTX commo...
IBM, Raytheon Intend To Develop Artificial Intelligence, Cryptographic, Quantum Solutions
International Business Machines Corp (NYSE: IBM) and Raytheon Technologies Corp (NYSE: RTX) have agreed to strategic collaboration to develop advanced artificial intelligence, cryptographic and quantum ...
IBM and Raytheon Technologies to Collaborate on Artificial Intelligence, Cryptography and Quantum Technologies
ARMONK, N.Y., Oct. 11, 2021 /PRNewswire/ -- IBM (NYSE: IBM) and Raytheon Technologies (NYSE: RTX) will jointly develop advanced artificial intelligence, cryptographic and quantum solutions for the aeros...
7 Defense Stocks to Watch as Taiwan Tensions Heighten
Although tensions between China and Taiwan are nothing new, the latest wave of escalations put a new focus on defense stocks. The post 7 Defense Stocks to Watch as Taiwan Tensions Heighten appeared firs...
Raytheon (RTX) Wins $358M Navy Deal to Support ESSM Program
Raytheon (RTX), as part of a contract with a potential value of $1.28 billion, is going to meet Evolved Seasparrow Missile (ESSM) Block 2 full-rate production requirements.
Raytheon Technologies to release third quarter results on October 26, 2021
WALTHAM, Mass., Oct. 5, 2021 /PRNewswire/ -- Raytheon Technologies (NYSE: RTX) will issue its third quarter 2021 earnings on Tuesday, Oct. 26, prior to the stock market opening.
Pomerantz Law Firm Announces the Filing of a Consolidated Class Action Complaint Against Raytheon Technologies Corpor...
NEW YORK, Sept. 30, 2021 /PRNewswire/ -- Pomerantz LLP announces that a Consolidated Class Action Complaint ("Complaint"), containing new allegations and an expanded class definition, has been filed aga...
Astronics Bags $19M Follow-On Order From Collins Aerospace
Astronics Corp (NASDAQ: ATRO) has secured a $19 million order from Raytheon Technologies Corp (NYSE: RTX) subsidiary Collins Aerospace for business jet connectivity equipment to be delivered in 2022. T...
Curtiss-Wright Bags Contract From Raytheon For MOSA-Based Processing & Networking Modules
Curtiss-Wright Corp. (NYSE: CW) has secured a contract from Raytheon Technologies Corp (NYSE: RTX) to provide its rugged Modular Open Systems Approach (MOSA)-based processor and networking modules for u...
Raytheon Missiles & Defense, Northrop Grumman successfully test fire hypersonic weapon
TUCSON, Ariz., Sept. 27, 2021 /PRNewswire/ -- Raytheon Missiles & Defense, a Raytheon Technologies (NYSE: RTX) business, in partnership with Northrop Grumman (NYSE: NOC), successfully completed the firs...
Raytheon's (RTX) Pratt & Whitney Wins $259M Deal to Aid F-35
Raytheon Technologies (RTX)business unit, Pratt & Whitney, secures a $258.5 million contract to support the F-35 aircraft program.
Raytheon: Missiles and Defense Division in Focus
Raytheon Technologies Corp. ( RTX , Financial) was a complex and sprawling organization even before its merger last year with United Technologies Corp. Even after consolidating or divesting stray busine...
Raytheon Intelligence & Space Expands Footprint In North Texas
Raytheon Technologies Corp's (NYSE: RTX) Raytheon Intelligence & Space (RI&S) opened a new intelligent manufacturing facility outside Dallas. Additionally, the company also plans to build a new facility...
Raytheon Intelligence & Space expands innovation and manufacturing footprint in North Texas
MCKINNEY, Texas, Sept. 23, 2021 /PRNewswire/ -- Raytheon Intelligence & Space, a Raytheon Technologies (NYSE: RTX) business, opened a new intelligent manufacturing facility outside Dallas today and anno...
Raytheon (RTX) Wins $140M Deal to Supply AN/APG-79 Radars
Raytheon (RTX) is set to provide supplies and support including software, obsolescence management, engineering support, and associated technical data for AN/APG-79 radar integration.
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Raytheon (RTX) Wins $294M Deal for Communications Radios
Raytheon's (RTX) procured radios are set to be installed in more than 400 strategic and tactical airborne, seaborne, and land-based (mobile and fixed) platforms.
Raytheon requires U.S. workers get COVID-19 vaccination -statement
Raytheon, the maker of Tomahawk missiles, will require all U.S. employees to have a COVID-19 vaccination, the company said in a statement.
Raytheon CEO expects inflation pressure in coming years
Raytheon Technologies Corp, which has commercial aircraft makers Boeing and Airbus as customers, expects to face inflation pressure in the coming years, its chief executive officer said on Wednesday.
Raytheon's (RTX) Pratt & Whitney Wins Deal to Aid F-35 Program
Raytheon's (RTX) Pratt & Whitney is going to provide funding for a Short Take-Off/Vertical Landing (STOVL) and a Conventional Take-Off and Landing Block 4 developmental engine.