Raytheon Technologies Corporation (NYSE: RTX) open the trading on June 29, 2020, with great promise as it jumped 4.77% to $61.92. During the day, the stock rose to $61.92 and sunk to $59.80 before settling in for the price of $59.10 at the close. Taking a more long-term approach, RTX posted a 52-week range of $40.71-$93.45.
It was noted that the giant of the Industrials sector posted annual sales growth of 5.90% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -0.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -13.70%. This publicly-traded company’s shares outstanding now amounts to $858.40 million, simultaneously with a float of $805.84 million. The organization now has a market capitalization sitting at $97.00 billion. At the time of writing, stock’s 50-day Moving Average stood at $62.95, while the 200-day Moving Average is $75.97.
Raytheon Technologies Corporation (RTX) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Aerospace & Defense industry. Raytheon Technologies Corporation’s current insider ownership accounts for 0.10%, in contrast to 46.80% institutional ownership.
Raytheon Technologies Corporation (RTX) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 3/30/2020 suggests? It has posted $1.32 earnings per share (EPS) beating the forecaster’s viewpoint (set at $1.22) by $0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
Raytheon Technologies Corporation’s EPS decrease for this current 12-month fiscal period is -13.70% and is forecasted to reach 3.87 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -13.65% through the next 5 years, which can be compared against the -0.70% growth it accomplished over the previous five years trading on the market.
Raytheon Technologies Corporation (NYSE: RTX) Trading Performance Indicators
Let’s observe the current performance indicators for Raytheon Technologies Corporation (RTX). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 2.88. Alongside those numbers, its PE Ratio stands at $13.04, and its Beta score is 1.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.26. Similarly, its price to free cash flow for trailing twelve months is now 29.47.
In the same vein, RTX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.75, a figure that is expected to reach 0.21 in the next quarter, and analysts are predicting that it will be 3.87 at the market close of one year from today.
Technical Analysis of Raytheon Technologies Corporation (RTX)
[Raytheon Technologies Corporation, RTX] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 14.64% While, its Average True Range was 2.82.
Raw Stochastic average of Raytheon Technologies Corporation (RTX) in the period of the previous 100 days is set at 43.51%, which indicates a major rise in contrast to 26.26% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 52.77% that was lower than 83.93% volatility it exhibited in the past 100-days period.