RTX Corporation stock forum
RTX wht does this tell you?
RTX perfect bearish setup
RTX Corporation (NYSE: RTX)Market Capitalization: 160.75B
Quant Rating: Strong Buy
Quant Sector Ranking (as of 11/25/24): 11 out of 615
Quant Industry Ranking (as of 11/25/24): 2 out of 57
Ranked #2 among the Top Aerospace and Defense Stocks, RTX Corporation maintains strong profitability and momentum metrics, as well as an ‘A+’-rated collection of 18 upward EPS revisions over the last 90 days, forecasting strong earnings growth ahead despite recent industry headwinds. RTX Corporation posted strong third-quarter earnings results, registering 6% adjusted year-over-year top-line growth, total revenue of 20.1B, and a 16% YoY increase in EPS. The positive earnings were quickly followed by news that RTX-owned Raytheon had secured an estimated 900M contract modification from the US Missile Defense Agency. The two-year extension of a delivery contract will increase the contract ceiling from 1.7B to 2.6B, an incredible opportunity for profitability.
RTX Profitability and Valuation
Even as its share price has grown more than 51% over the past 12 months, the analysts’ consensus is that RTX can still fly higher. “The company’s record 221B order backlog and strong market position suggest continued upside potential and justify a buy rating,” argues SA analyst The Asian Investor That influx of future cashflow is reflected in RTX’s ‘A+’ profitability grade, particularly its ‘A+’ 10.31B operating cash pile – a 2,965.27% to the sector median of 336.32M.
At a FWD P/E ratio of 21.31 (just 2.09% less than the sector median of 21.77) and a (TTM) P/E ratio of 21.61 (just 0.15% higher than the sector median of 21.58), RTX’s shares are on par with most comparable aerospace and defense companies. However, its trailing PEG of 0.55 is significantly below the sector median of 1.17, indicating that RTX’s share price is discounted compared to its future earnings potential.
Like RTX, this next stock’s strong growth prospects are poised to outlast any geopolitical headwinds.
RTX hi can someone pump this stock please i need money
RTX short incoming
RTX There clearly is momentum on the stock after the breakaway gap and is a great potential playRTX China Frets Over THAAD Radar, Russia Calls It Dangerous — Why Raytheon’s AN/TPY-2 Haunts US Adversaries?eurasiantimes.com/used-in-thaad-aegis-why-raytheon-an-tpy-2/
RTX There’s One Main Reason Russia Could Keep Striking Ukrainian Children’s Hospitals And Other Civilian Targets: The Free World Doesn’t Produce Nearly Enough Air Defense Missilesforbes.com/sites/davidaxe/2024/07/12/theres-one-main-reason-russian-could-keep-striking-ukrainian-childrens-hospitals-and-other-civilian-targets-the-free-world-doesnt-produce-nearly-enough-air-defense-missiles/
RTX ANDOVER, Mass., July 11, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.2 billion contract to supply Germany with additional Patriot® air and missile defense systems.These systems will augment Germany's existing air defense infrastructure with additional Patriot major end items. The scope of the contract includes the most current Patriot Configuration 3+ radars, launchers, command and control stations, associated spares, and support.
"Patriot remains the tried-and-true stalwart of air and missile defense, relied upon by our global customers to deter aggression and defend their interests," said Tom Laliberty, president of Land and Air Defense Systems at Raytheon. "With each additional Patriot system, Germany is enhancing its own air defenses and strengthening NATO's defense posture."
Patriot is the only combat-proven ground-based air and missile defense capability available in the world to defeat advanced long-range cruise missiles, tactical ballistic missiles, and the full spectrum of air-breathing threats. Patriot is the foundation of air defense for 19 countries, including Germany, the U.S. and Ukraine, and it continues to demonstrate its effectiveness against the most advanced and complex threats.