RTX (NYSE:RTX - Get Free Report) posted its earnings results on Tuesday. The company reported $1.54 earnings per share for the quarter, beating analysts' consensus estimates of $1.35 by $0.19, Zacks reports. RTX had a return on equity of 11.96% and a net margin of 5.97%. RTX updated its FY 2025 guidance to 6.000-6.150 EPS.
RTX Stock Up 2.5 %
RTX stock traded up $3.16 during midday trading on Tuesday, reaching $128.21. 8,266,650 shares of the company were exchanged, compared to its average volume of 4,523,442. RTX has a 1-year low of $88.90 and a 1-year high of $132.43. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 0.99. The company has a market cap of $170.65 billion, a price-to-earnings ratio of 36.63, a price-to-earnings-growth ratio of 1.99 and a beta of 0.81. The stock's 50-day simple moving average is $118.49 and its 200 day simple moving average is $118.70.
Wall Street Analyst Weigh In
RTX has been the topic of a number of recent research reports. Citigroup raised RTX from a "neutral" rating to a "buy" rating and upped their price target for the company from $132.00 to $153.00 in a research report on Tuesday, January 21st. Royal Bank of Canada upgraded RTX from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from $130.00 to $140.00 in a report on Thursday, December 19th. Deutsche Bank Aktiengesellschaft raised shares of RTX from a "hold" rating to a "buy" rating and boosted their price target for the stock from $131.00 to $140.00 in a research note on Thursday, January 2nd. Susquehanna cut their target price on shares of RTX from $150.00 to $139.00 and set a "positive" rating on the stock in a report on Wednesday, January 8th. Finally, UBS Group upped their price target on RTX from $126.00 to $133.00 and gave the company a "neutral" rating in a research report on Wednesday, October 23rd. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $158.27.
Read Our Latest Analysis on RTX
RTX Company Profile
(
Get Free Report)
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
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