Raytheon Technologies Corporation (RTX) PE Ratio stood at $32.39: Odds are Looking Good After Recent Activity

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As on November 23, 2022, Raytheon Technologies Corporation (NYSE: RTX) got off with the flyer as it spiked 0.29% to $97.13. During the day, the stock rose to $97.22 and sunk to $96.61 before settling in for the price of $96.85 at the close. Taking a more long-term approach, RTX posted a 52-week range of $79.00-$106.02.


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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 2.40%. Meanwhile, its Annual Earning per share during the time was -15.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 212.80%. This publicly-traded company’s shares outstanding now amounts to $1.47 billion, simultaneously with a float of $1.47 billion. The organization now has a market capitalization sitting at $141.54 billion. At the time of writing, stock’s 50-day Moving Average stood at $88.98, while the 200-day Moving Average is $93.62.

Let’s gauge the efficiency of the firm, which has a total of 174000 employees. For the Profitability, stocks gross margin was +19.42, operating margin was +7.25 and Pretax Margin of +7.66.

Raytheon Technologies Corporation (RTX) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Aerospace & Defense industry. Raytheon Technologies Corporation’s current insider ownership accounts for 0.10%, in contrast to 80.90% institutional ownership. According to the most recent insider trade that took place on Nov 03, this organization’s President, P&W sold 3,343 shares at the rate of 95.53, making the entire transaction reach 319,347 in total value, affecting insider ownership by 24,176. Preceding that transaction, on Oct 31, Company’s Chief Operating Officer sold 1,697 for 94.26, making the whole transaction’s value amount to 159,952. This particular insider is now the holder of 44,562 in total.

Raytheon Technologies Corporation (RTX) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $1.21 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.14) by $0.07. This company achieved a net margin of +6.06 while generating a return on equity of 5.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.

Raytheon Technologies Corporation’s EPS increase for this current 12-month fiscal period is 212.80% and is forecasted to reach 5.12 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.38% through the next 5 years, which can be compared against the -15.90% 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 0.80. The Stock has managed to achieve an average true range (ATR) of 2.15. Alongside those numbers, its PE Ratio stands at $32.39, and its Beta score is 1.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.14. Similarly, its price to free cash flow for trailing twelve months is now 752.90.

In the same vein, RTX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.00, a figure that is expected to reach 1.24 in the next quarter, and analysts are predicting that it will be 5.12 at the market close of one year from today.

Technical Analysis of Raytheon Technologies Corporation (RTX)

Through scrutinizing the latest numbers posted by the [Raytheon Technologies Corporation, RTX], it can be observed that its last 5-days Average volume of 3.16 million was lower the volume of 5.4 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 77.84% While, its Average True Range was 2.00.

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