What is the stock price prediction for Raytheon Technologies? (2024)

What is the stock price prediction for Raytheon Technologies?

In the current month, RTX has received 5 Buy Ratings, 14 Hold Ratings, and 4 Sell Ratings. RTX average Analyst price target in the past 3 months is $95.42.

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Is Raytheon a good buy right now?

In the current month, RTX has received 5 Buy Ratings, 14 Hold Ratings, and 4 Sell Ratings. RTX average Analyst price target in the past 3 months is $95.42.

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What is the stock market forecast for Raytheon in 2024?

Organic sales growth of 7%-8% in 2024. Adjusted earnings per share (EPS) of $5.25-$5.40, giving RTX a forward price-to-earnings ratio of less than 17. FCF of $5.5 billion in 2023 followed by $5.7 billion in 2024, giving RTX a forward price-to-FCF multiple of 22.6.

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What is the target price for Raytheon Technologies?

Stock Price Targets
High$120.00
Median$96.00
Low$85.00
Average$97.64
Current Price$94.86

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What is the prediction for RTX stock?

Stock Price Forecast

The 16 analysts with 12-month price forecasts for RTX Corp stock have an average target of 98.63, with a low estimate of 79 and a high estimate of 120. The average target predicts an increase of 3.14% from the current stock price of 95.63.

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Is Raytheon a buy hold or sell?

The Raytheon Technologies stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

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Why is Raytheon stock so low?

The stock continued its plunge into September when RTX finally quantified the financial impact of the engine issue. The company said it needs to remove upwards of 700 engines for inspection over the next three years, a costly and time-consuming task that would require it to compensate airlines for the downtime.

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What is the stock price prediction for Raytheon in 2025?

Long-Term Raytheon Technologies Stock Price Predictions
YearPredictionChange
2025$ 97.481.22%
2026$ 98.662.46%
2027$ 99.873.71%
2028$ 101.094.97%
2 more rows

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What is the future of Raytheon?

RTX is on track to reach its goal to return $20 billion to shareowners in the four years following the merger and now expects to return between $33 and $35 billion through dividends and share repurchases from the close of the merger through the end of 2025.

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Will RTX bounce back?

The aerospace and defense company could rebound in 2024.

The aerospace and defense giant disappointed investors in 2023. Still, a snapshot of RTX (RTX 1.36%) at the end of 2024 could show a company in much better shape than it is now. If so, the stock could bounce back strongly next year.

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Is Raytheon stock undervalued?

The intrinsic value of one RTX stock under the Base Case scenario is 140.98 USD. Compared to the current market price of 95.63 USD, Raytheon Technologies Corp is Undervalued by 32%.

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Did Raytheon stock split?

The most recent stock split occured on April 3rd, 2020. One RTX share bought prior to May 19th, 1976 would equal to 50.848 RTX shares today.

What is the stock price prediction for Raytheon Technologies? (2024)
Is Lockheed Martin a buy sell or hold?

Lockheed Martin Corp has a conensus rating of Hold which is based on 3 buy ratings, 11 hold ratings and 1 sell ratings. The average price target for Lockheed Martin Corp is $477.57. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Will RTX pay a dividend?

RTX Corp Dividend Information

RTX Corp has an annual dividend of $2.36 per share, with a forward yield of 2.46%. The dividend is paid every three months and the last ex-dividend date was Feb 22, 2024.

Is Nvidia a good stock for the future?

Ahead of the conference, Truist analyst William Stein raised Nvidia's price target to 1,177 from 911. He sees stronger demand in 2024 and 2025 for Nvidia's chips. Analysts at HSBC also increased their price target, going to 1,050 from 880. Both Truist and HSBC maintained a buy rating on the stock.

Who owns RTX stock?

What type of owners hold Rtx Corp stock?
NameHoldShares
Blackrock Inc7.91%104,985,755
Capital Research Global Investors6.82%90,430,489
Capital International Investors4.92%65,233,410
Morgan Stanley4.01%53,211,842
6 more rows

Is Raytheon merging?

The company is the result of the merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company, which was completed on April 3, 2020.

Is RTX a good long term investment?

Additionally, the company could be a top pick for growth investors. RTX has a Growth Style Score of B, forecasting year-over-year earnings growth of 6.5% for the current fiscal year. Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024.

Is RTX stock a good long term investment?

Looking at cash flow, RTX is expected to report cash flow growth of 2.4% this year; RTX has generated cash flow growth of 7.3% over the past three to five years. RTX should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.

Why is RTX falling?

Aerospace giant RTX (NYSE: RTX) came into 2023 with a new name and considerable promise, but the company ran into some unexpected headwinds in the form of a massive engine recall. The details leaked out slowly, and over time it became clear that the fix would be costly.

Why is Raytheon a good company?

71% of Raytheon employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Raytheon 3.9 out of 5 for work life balance, 3.4 for culture and values and 3.6 for career opportunities.

Is RTX a good company?

RTX has an overall rating of 3.8 out of 5, based on over 7,913 reviews left anonymously by employees. 72% of employees would recommend working at RTX to a friend and 60% have a positive outlook for the business. This rating has been stable over the past 12 months.

What is Raytheon dividend growth rate?

RTX Dividend Growth History
YearPayout AmountAnnual Payout Growth (YoY)
2023$2.32007.41%
2022$2.16007.73%
2021$2.00506.22%
2020$1.88752.02%
31 more rows
Mar 15, 2024

What is fastly stock price prediction for 2024?

According to our current FSLY stock forecast, the value of Fastly shares will drop by -2.24% and reach $ 12.65 per share by March 31, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).

Can you invest in Raytheon?

With Bitpanda, you can invest in Raytheon easily, quickly and securely.

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