RTX Corp (RTX) stock: 12-month forecast projects 11.74% potential return%

At the time of writing, RTX Corp [RTX] stock is trading at $119.47, up 1.47%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RTX shares have gain 4.71% over the last week, with a monthly amount glided 2.16%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

RTX Corp [NYSE: RTX] stock has seen the most recent analyst activity on January 02, 2025, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $140 from $131. Previously, RBC Capital Mkts upgraded its rating to Outperform on December 19, 2024, and elevated its price target to $140. On October 03, 2024, upgrade upgraded it’s rating to Hold and revised its price target to $129 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $140 on July 31, 2024. Alembic Global Advisors upgraded its rating to a Overweight but $134 remained the price target by the analyst firm on July 30, 2024. Wells Fargo upgraded its rating to Overweight for this stock on March 14, 2024, and upped its price target to $120. In a note dated January 25, 2024, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $78 to $100.

For the past year, the stock price of RTX Corp fluctuated between $84.43 and $128.70. Currently, Wall Street analysts expect the stock to reach $133.5 within the next 12 months. RTX Corp [NYSE: RTX] shares were valued at $119.47 at the most recent close of the market. An investor can expect a potential return of 11.74% based on the average RTX price forecast.

Analyzing the RTX fundamentals

According to RTX Corp [NYSE:RTX], the company’s sales were 79.04B for trailing twelve months, which represents an 49.21% jump. 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 of0.72.

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 118.59 points at the first support level, and at 117.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.93, and for the 2nd resistance point, it is at 120.40.

Ratios To Look Out For

It is important to note that RTX Corp [NYSE:RTX] has a current ratio of 0.99. Also, the Quick Ratio is 0.73, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 2.60 and price to earnings (TTM) ratio is 34.12.

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.

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