Raytheon Technologies Corp (NYSE: RTX) has reported E.P.S. of $1.10 for its third fiscal quarter (ending September 30) versus $-0.68 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $3.52 compared to $2.19 a year ago.
Recent Price Action
Raytheon Technologies Corp (NYSE: RTX) stock closed at $125.53 on 10/22/24 after a slight decline of -0.3%. NORMAL trading volume accompanied the decline. The stock has risen 0.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
RTX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Raytheon Technologies has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Raytheon Technologies has a slightly negative Appreciation Score of 40 but a very high Power Rating of 98, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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