It’s Not Over Yet For RTX Corp (NYSE: RTX)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

RTX Corp is listed on the NYSE as a member of the Industrials sector and is a part of the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $101.56 and fluctuated between $102.26 as its day high and $101.03 as its day low. The current market capitalization of RTX Corp is $135.04B. A total of 6.32 million shares were traded on the day, compared to an average of 8.42M shares.

In the most recent transaction, Williams Dantaya M sold 105 shares of RTX for 90.54 per share on Mar 08 ’24. After the transaction, the EVP & Chief HR Officer now owns 33,667 company shares. In a previous transaction on Feb 14 ’24, Eddy Shane G sold 35,456 shares at 91.19 per share. RTX shares that President, P&W owns now total 6,741.

Among the insiders who sold shares, Mitchill Neil G. JR disposed of 1,545 shares on Feb 07 ’24 at a per-share price of $92.36. This resulted in the EVP, Chief Financial Officer holding 49,894 shares of RTX after the transaction. In another insider transaction, Calio Christopher T. sold 367 shares at $92.63 per share on Feb 07 ’24. Company shares held by the President and COO now total 56,707.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. RTX Corp pays an annual dividend of $2.36, resulting in a dividend yield of 2.32%, and it has a price to earnings (P/E) ratio of 45.37. RTX’s most recent ex-dividend date was 2/22/2024 when it declared a $0.59 quarterly dividend that was paid in cash on 3/21/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/16/2023. The RTX stock dividend was $0.59 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, RTX has a high of $104.91 and a low of $68.56.

As of this writing, RTX has an earnings estimate of $Vertex Pharmaceuticals Incorpor per share for the current quarter. EPS was calculated based on a consensus of RTX Corporation estimates, with a high estimate of $Rackspace Technology, Inc. per share and a lower estimate of $Seagate Technology Holdings PLC.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RTX’s latest balance sheet shows that the firm has $7.83B in Cash & Short Term Investments as of fiscal 2021. There were $33.14B in debt and $35.45B in liabilities at the time. Its Book Value Per Share was $45.07, while its Total Shareholder’s Equity was $74.70B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RTX is Buy with a score of 3.48.

Most Popular

Related Posts