An Evaluation Of RTX Corp (NYSE: RTX) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

RTX belongs to the Industrials sector of the NYSE while operating in the Aerospace & Defense industry. The current market capitalization of RTX Corp is $133.44B. A total of 5.42 million shares were traded on the day, compared to an average of 6.84M shares.

In the most recent transaction, Timm Stephen J. sold 19,880 shares of RTX for 105.72 per share on May 10 ’24. After the transaction, the President, Collins Aerospace now owns 149,050 company shares. In a previous transaction on Apr 30 ’24, Ortberg Robert Kelly sold 10,295 shares at 101.97 per share. RTX shares that Director owns now total 129,120.

Among the insiders who sold shares, HAYES GREGORY disposed of 89,762 shares on Apr 25 ’24 at a per-share price of $101.44. This resulted in the Chairman and CEO holding 636,759 shares of RTX after the transaction. In another insider transaction, Williams Dantaya M sold 105 shares at $90.54 per share on Mar 08 ’24. Company shares held by the EVP & Chief HR Officer now total 33,667.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. RTX Corp pays an annual dividend of $2.40, resulting in a dividend yield of 2.39%, and it has a price to earnings (P/E) ratio of 39.37. RTX’s most recent ex-dividend date was 8/16/2024 when it declared a $0.63 quarterly dividend that was paid in cash on 9/5/2024. Previously, the company paid the dividend on 6/13/2024 with an ex-dividend date of 5/16/2024. The RTX stock dividend was $0.63 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, RTX has a high of $108.65 and a low of $68.56.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $45.49, while its Total Shareholder’s Equity was $74.70B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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.

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