RTX (RTX) Expected to Announce Earnings on Tuesday

RTX (NYSE:RTX) is projected to release its earnings data before the market opens on Tuesday, January 28th. Analysts expect RTX to post earnings of $1.35 per share and revenue of $20,580,450.42 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

RTX Trading Down 0.8 %

Shares of RTX stock opened at $125.23 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.99 and a quick ratio of 0.73. The business has a 50-day moving average of $118.38 and a 200 day moving average of $118.54. The stock has a market capitalization of $166.69 billion, a PE ratio of 35.78, a P/E/G ratio of 1.99 and a beta of 0.81. RTX has a 1-year low of $88.90 and a 1-year high of $128.70.

Analysts Set New Price Targets

A number of research firms recently commented on RTX. TD Cowen upgraded shares of RTX to a “strong-buy” rating in a report on Tuesday, October 8th. Wells Fargo & Company lifted their price target on RTX from $140.00 to $151.00 and gave the company an “overweight” rating in a research report on Wednesday, January 8th. Citigroup upgraded shares of RTX from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $132.00 to $153.00 in a report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft raised RTX from a “hold” rating to a “buy” rating and lifted their price target for the stock from $131.00 to $140.00 in a research report on Thursday, January 2nd. Finally, Barclays upped their price objective on RTX from $108.00 to $130.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 29th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus price target of $158.27.

RTX Company Profile

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.