RTX Corp [RTX] stock is trading at $116.83, up 0.17%. An important factor to consider is whether the stock is rising or falling in short-term value. The RTX shares have lost -0.43% over the last week, with a monthly amount drifted -3.19%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
RTX Corp [NYSE: RTX] stock has seen the most recent analyst activity on December 19, 2024, when RBC Capital Mkts upgraded its rating to a Outperform and also boosted its price target to $140 from $130. Previously, Deutsche Bank upgraded its rating to Hold on October 03, 2024, and elevated its price target to $129. On July 31, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $140 on the stock. Alembic Global Advisors upgraded its rating to a Overweight but stick to its price target of $134 on July 30, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $120 on March 14, 2024. BofA Securities upgraded its rating to Neutral for this stock on January 25, 2024, and upped its price target to $100. In a note dated January 16, 2024, Robert W. Baird downgraded an Neutral rating on this stock and boosted its target price from $88 to $94.
RTX Corp [RTX] stock has fluctuated between $83.08 and $128.70 over the past year. Currently, Wall Street analysts expect the stock to reach $132.6 within the next 12 months. RTX Corp [NYSE: RTX] shares were valued at $116.83 at the most recent close of the market. An investor can expect a potential return of 13.5% based on the average RTX price forecast.
Analyzing the RTX fundamentals
RTX Corp [NYSE:RTX] reported sales of 79.04B for the trailing twelve months, which represents a growth of 49.21%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 116.15 points at the first support level, and at 115.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.23, and for the 2nd resistance point, it is at 117.64.
Ratios To Look Out For
For context, RTX Corp’s Current Ratio is 0.99. On the other hand, the Quick Ratio is 0.73, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.97, the price to book ratio is 2.54 and price to earnings (TTM) ratio is 33.37.
Transactions by insiders
Recent insider trading involved HAYES GREGORY, Executive Chairman, that happened on Jul 31 ’24 when 0.13 million shares were sold. EVP, Chief Financial Officer, Mitchill Neil G. JR completed a deal on Jul 30 ’24 to sell 4322.0 shares. Meanwhile, Officer Gregory Hayes bought 0.13 million shares on Jul 31 ’24.
