As on Wednesday, RTX Corp (NYSE: RTX) got off with the flyer as it spiked 0.16% to $119.15, before settling in for the price of $118.96 at the close. Taking a more long-term approach, RTX posted a 52-week range of $78.00-$128.70.
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The Industrials sector firm’s twelve-monthly sales growth has been 2.73% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -19.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.16%. This publicly-traded company’s shares outstanding now amounts to $1.33 billion, simultaneously with a float of $1.33 billion. The organization now has a market capitalization sitting at $158.59 billion. At the time of writing, stock’s 50-day Moving Average stood at $122.14, while the 200-day Moving Average is $108.36.
RTX Corp (RTX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Aerospace & Defense industry. RTX Corp’s current insider ownership accounts for 0.09%, in contrast to 79.84% institutional ownership. According to the most recent insider trade that took place on Jul 31 ’24, this organization’s Executive Chairman sold 134,887 shares at the rate of 117.74, making the entire transaction reach 15,880,937 in total value, affecting insider ownership by 566,723. Preceding that transaction, on Jul 30 ’24, Company’s EVP, Chief Financial Officer sold 4,322 for 115.43, making the whole transaction’s value amount to 498,908. This particular insider is now the holder of 66,470 in total.
RTX Corp (RTX) Earnings and Revenue Records
RTX Corp’s EPS increase for this current 12-month fiscal period is 10.16% and is forecasted to reach 6.13 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.28% through the next 5 years, which can be compared against the -19.30% growth it accomplished over the previous five years trading on the market.
RTX Corp (NYSE: RTX) Trading Performance Indicators
Let’s observe the current performance indicators for RTX Corp (RTX). It’s Quick Ratio in the last reported quarter now stands at 0.73. The Stock has managed to achieve an average true range (ATR) of 2.33. Alongside those numbers, its PE Ratio stands at $34.03, and its Beta score is 0.87. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.01. Similarly, its price to free cash flow for trailing twelve months is now 19.95.
In the same vein, RTX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.50, a figure that is expected to reach 1.38 in the next quarter, and analysts are predicting that it will be 6.13 at the market close of one year from today.
Technical Analysis of RTX Corp (RTX)
Through scrutinizing the latest numbers posted by the [RTX Corp, RTX], it can be observed that its last 5-days Average volume of 5.24 million was lower the volume of 6.64 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 24.22% While, its Average True Range was 2.40.
Raw Stochastic average of RTX Corp (RTX) in the period of the previous 100 days is set at 67.77%, which indicates a major rise in contrast to 24.02% 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 25.84% that was higher than 20.54% volatility it exhibited in the past 100-days period.
