Stocks of RTX Corp (NYSE:RTX) traded higher last session on Wall Street, down -0.74% to $125.84.
RTX stock price is now 4.18% away from the 50-day moving average and 8.88% away from the 200-day moving average. The market capitalization of the company currently stands at $167.63B.
On January 21, 2025, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $132 to quote $153, while ‘Deutsche Bank’ rates the stock as ‘Buy’
In other news, Williams Dantaya M, EVP & Chief HR Officer sold 14,031 shares of the company’s stock on Feb 05 ’25. The stock was sold for $1,813,291 at an average price of $129.23. Upon completion of the transaction, the EVP & Chief HR Officer now directly owns 44,415 shares in the company, valued at $5.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 05 ’25, Officer Dantaya Williams bought 14,031 shares of the business’s stock. A total of $1,813,290 was incurred on buying the stock at an average price of $129.23. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, RTX Corp has had a low of $88.90 and a high of $132.43. As of last week, the company has a debt-to-equity ratio of 0.72, a current ratio of 0.99, and a quick ratio of 0.74. According to the stock market information, the enterprise value for the company is $205254606848, which is based on a 35.42 price-to-earnings ratio, a 3.69 price-to-earnings-growth ratio, and a beta of 0.85. The fifty day moving average price for RTX is $120.7108 and a two-hundred day moving average price translates $115.4564 for the stock.
The latest earnings results from RTX Corp (NYSE: RTX) was released for 2024-09-30. The net profit margin was 5.91% and return on equity was 7.96% for RTX. The company reported revenue of $21.62 billion for the quarter, compared to $19.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.51 percent. For the current quarter, analysts expect RTX to generate $19.82B in revenue.
