RTX Corp [NYSE: RTX] traded at a low on Wednesday, posting a -1.09 loss after which it closed the day’ session at $124.38.
The results of the trading session contributed to over 5102490 shares changing hands. Over the past one week, the price volatility of RTX Corp stands at 1.76% while the volatility over the past one month is 1.53%.
The market cap for RTX stock reached $165.55 billion, with 1.33 billion shares outstanding and 1.33 billion shares in the current float. Compared to the average trading volume of 4.64M shares, RTX reached a trading volume of 5102490 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about RTX Corp [RTX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RTX shares is $137.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RTX stock is a recommendation set at 2.07. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for RTX Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 21, 2025. While these analysts kept the previous recommendation, Deutsche Bank raised their target price from $131 to $140. The new note on the price target was released on January 02, 2025, representing the official price target for RTX Corp stock. Previously, the target price had yet another raise from $130 to $140, while RBC Capital Mkts kept a Outperform rating on RTX stock. On October 03, 2024, analysts increased their price target for RTX shares from 109 to 129.
The Average True Range (ATR) for RTX Corp is set at 2.09, with the Price to Sales ratio for RTX stock in the period of the last 12 months amounting to 2.09. The Price to Book ratio for the last quarter was 2.71, with the Price to Cash per share for the same quarter was set at 5.02. Price to Free Cash Flow for RTX in the course of the last twelve months was 20.83 with Quick ratio for the last quarter at 0.73.
How has RTX stock performed recently?
RTX Corp [RTX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.11. With this latest performance, RTX shares gained by 8.68% in over the last four-week period, additionally plugging by 19.86% over the last 6 months – not to mention a rise of 45.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RTX stock in for the last two-week period is set at 66.93, with the RSI for the last a single of trading hit 72.51, and the three-weeks RSI is set at 62.28 for RTX Corp [RTX]. The present Moving Average for the last 50 days of trading for this stock 118.61, while it was recorded at 122.16 for the last single week of trading, and 113.46 for the last 200 days.
RTX Corp [RTX]: Deeper insight into the fundamentals
RTX Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.73 and a Current Ratio set at 0.99.
Earnings analysis for RTX Corp [RTX]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RTX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for RTX Corp go to 10.74%.
Insider trade positions for RTX Corp [RTX]
There are presently around $81.02%, or 81.08%% of RTX stock, in the hands of institutional investors. The top three institutional holders of RTX stocks are: VANGUARD GROUP INC with ownership of 115.89 million shares, which is approximately 8.7174%. STATE STREET CORP, holding 115.24 million shares of the stock with an approximate value of $$11.57 billion in RTX stocks shares; and STATE STREET CORP, currently with $$9.62 billion in RTX stock with ownership which is approximately 7.2057%.
