RTX Corp (RTX)
| Market Cap | 140.58B |
| Revenue (ttm) | 71.01B |
| Net Income (ttm) | 3.48B |
| Shares Out | 1.33B |
| EPS (ttm) | 2.52 |
| PE Ratio | 41.96 |
| Forward PE | 18.75 |
| Dividend | $2.52 (2.38%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 7,209,717 |
| Open | 104.11 |
| Previous Close | 103.94 |
| Day's Range | 104.08 - 105.76 |
| 52-Week Range | 68.56 - 105.76 |
| Beta | 0.58 |
| Analysts | Hold |
| Price Target | 100.38 (-5.07%) |
| Earnings Date | Apr 23, 2024 |
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. This segm... [Read more]
Financial Performance
In 2023, RTX Corp's revenue was $68.92 billion, an increase of 2.75% compared to the previous year's $67.07 billion. Earnings were $3.20 billion, a decrease of -38.52%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for RTX stock is "Hold." The 12-month stock price forecast is $100.38, which is a decrease of -5.07% from the latest price.
News
RTX's advanced ground system for space-based missile warning now operational
Mission data processing framework rapidly moved from prototype to operations at Battlespace Awareness Center AURORA, Colo. , May 6, 2024 /PRNewswire/ -- An advanced ground system for space-based missi...
RTX's new generation of commercial satellite imagers launches with Maxar's WorldView Legion
Advanced imagers will provide high-resolution visual data in real time ARLINGTON, Va. , May 3, 2024 /PRNewswire/ -- Two next-generation imaging instruments designed by Raytheon, an RTX (NYSE: RTX) bus...
RTX Board of Directors Increases Quarterly Cash Dividend
ARLINGTON, Va. , May 2, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced today that its Board of Directors declared a dividend of 63 cents per outstanding share of RTX common stock, which represents an ...
Rtx Corp is up 19% year-to-date: Should you sell or hold?
Amidst the turbulence of global economic shifts, geopolitical crises and industry challenges, RTX Corporation (NYSE: RTX) emerges as a beacon of resilience and growth in last few quarters. The company...
RTX's Pratt & Whitney Canada and Angola's TAAG Airlines sign Fleet Management™ Program agreement for PW150A engines
PW150A regional turboprops power TAAG's De Havilland Canada Dash 8-400 aircraft ADDIS ABABA, Ethiopia , May 1, 2024 /PRNewswire/ -- Pratt & Whitney Canada and TAAG Angola Airlines E.P., Angola's state...
RTX's Raytheon awards contract to Spain's Sener for missile production support
Spanish partner to contribute to European GEM-T missile development and production TUCSON, Ariz. , April 29, 2024 /PRNewswire/ -- Raytheon, an RTX business (NYSE: RTX), has awarded Spanish supplier, S...
RTX recognized for industry leading innovation in patented technology
Company sees top rankings from multiple organizations globally ARLINGTON, Va., April 25, 2024 /PRNewswire/ -- RTX (NYSE: RTX) received recognition from three separate organizations for innovation in p...
RTX awarded $344 million contract to modernize electronics unit for missile development program
Updates will allow for continued, rapid deliveries of Standard Missile variants to the U.S. and international fleets TUCSON, Ariz. , April 25, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) busines...
Ukraine, Israel bill to bolster Lockheed, RTX profits
Lockheed Martin Corp and RTX Corp , fresh off a surge of orders in response to Russian aggression against Ukraine and the war in Gaza, stand to profit from $95 billion of mostly new weapons funding as...
RTX breaks ground on $115 million expansion of Alabama missile integration facility
Expansion will support key missile programs including Glide Phase Interceptor HUNTSVILLE, Ala. , April 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, recently broke ground on a $115 m...
RTX Q1 earnings beat Street estimates
RTX Corp (NYSE: RTX) is trading down in premarket on Tuesday even though it came in ahead of Street estimates for its first financial quarter. Why is RTX stock down on Tuesday?
RTX profit jumps 20% on aviation strength, military demand
Aerospace and defense major RTX on Tuesday reported a 20% jump in its first-quarter profit, helped by robust commercial aftermarket business and military equipment demand.
RTX Reports Q1 2024 Results
RTX delivers strong 12% sales growth; Q1 book-to-bill of 1.34 with an RTX record backlog of $202B; Reaffirms full year outlook ARLINGTON, Va. , April 23, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reporte...
RTX signs its largest renewable electricity deal to date
Agreement with ENGIE will power 12 RTX sites in Texas ARLINGTON, Va. , April 18, 2024 /PRNewswire/ -- RTX (NYSE: RTX) announced an agreement with a subsidiary of ENGIE North America (ENGIE) that will ...
Defense stocks rally after Iran attacks Israel
CNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.
Lockheed Martin, RTX, BAE stocks in focus amid World War 3 risks
Companies in the military-industrial complex will be in the spotlight this week as geopolitical risks rise and as the US Congress prepares a vote on Biden's supplemental package for Israel, Taiwan, an...
RTX's Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility
Engine center's GTF capacity to increase 40% by 2025 CHICAGO , April 10, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced a $20 million investment to i...
RTX provides Blue Canyon satellite to help solve a crucial climate challenge
LAFAYETTE, Colo. , April 10, 2024 /PRNewswire/ -- Blue Canyon Technologies, RTX's (NYSE: RTX) small satellite manufacturer and mission services provider, announced the successful launch and initial co...
RTX's Pratt & Whitney announces North American Technology Accelerator
Second center of excellence to advance MRO technologies and performance CHICAGO , April 9, 2024 /PRNewswire/ -- (MRO Americas) Pratt & Whitney, an RTX (NYSE: RTX) business, today announced details of ...
RTX's Raytheon completes critical milestone for VIIRS program
Company completes thermal vacuum testing of the fourth sensor EL SEGUNDO, Calif. , April 8, 2024 /PRNewswire/ -- Raytheon, an RTX business (NYSE: RTX), has completed a major test milestone on its late...
RTX to release first quarter results on April 23, 2024
ARLINGTON, Va. , April 2, 2024 /PRNewswire/ -- RTX (NYSE: RTX) will issue its first quarter 2024 earnings Tuesday, April 23, prior to the stock market opening.
RTX's SM-6 intercepts ballistic missile target at sea
Test of enhanced software succeeds against sophisticated medium-range ballistic missile PACIFIC MISSILE RANGE FACILITY, Hawaii , March 29, 2024 /PRNewswire/ -- A Standard Missile-6 (SM-6) built by Ray...
Collins Aerospace and Luminace Partner with Common Energy to Support Community Solar Projects Across Portland
NEW YORK--(BUSINESS WIRE)--Collins Aerospace, an RTX (NYSE: RTX) business, and Common Energy, a leading community solar provider, today announced a partnership to support a portfolio of four new commu...
RTX's Pratt & Whitney receives full funding for F135 Engine Core Upgrade in FY 2024 Defense Appropriations bill
Program remains on track to enable Block 4 capabilities in 2029 EAST HARTFORD, Conn. , March 23, 2024 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, has received full funding in the rec...
RTX's Raytheon Lower Tier Air and Missile Defense Sensor detects and engages complex target
Live fire attended by military leaders from seven countries WHITE SANDS MISSILE RANGE, N.M., March 21, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, today announced that its Lower Tier A...