RTX (NYSE:RTX – Get Free Report) issued its quarterly earnings data 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 Trading Down 0.5 %
NYSE RTX opened at $124.72 on Tuesday. The company’s 50-day simple moving average is $118.49 and its two-hundred day simple moving average is $118.70. RTX has a one year low of $88.90 and a one year high of $128.70. The company has a market capitalization of $166.00 billion, a price-to-earnings ratio of 35.63, a price-to-earnings-growth ratio of 1.99 and a beta of 0.81. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 0.99.
Wall Street Analyst Weigh In
Several research analysts recently commented on RTX shares. Citigroup upgraded RTX from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $132.00 to $153.00 in a research report on Tuesday, January 21st. Morgan Stanley lifted their target price on RTX from $120.00 to $130.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 23rd. UBS Group increased their price target on RTX from $126.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised shares of RTX from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $131.00 to $140.00 in a research note on Thursday, January 2nd. Finally, TD Cowen raised shares of RTX to a “strong-buy” rating in a research note on Tuesday, October 8th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and an average target price of $158.27.
About RTX
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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