RTX Corp (NYSE: RTX) Could Achieve Gains In The Near Future

After Hours

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.

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Stocks Info

RTX Corp is listed on the NYSE in the Industrials sector while operating in the Aerospace & Defense industry. The current market capitalization of RTX Corp is $166.16B. A total of 3.06 million shares were traded on the day, compared to an average of 5.90M shares.

In the most recent transaction, HAYES GREGORY sold 134,887 shares of RTX for 117.74 per share on Jul 31 ’24. After the transaction, the Executive Chairman now owns 566,723 company shares. In a previous transaction on Jul 30 ’24, Mitchill Neil G. JR sold 4,322 shares at 115.43 per share. RTX shares that EVP, Chief Financial Officer owns now total 66,470.

Among the insiders who bought shares, Gregory Hayes acquired of 134,887 shares on Jul 31 ’24 at a per-share price of $117.74. In another insider transaction, Johnson Amy L sold 6,734 shares at $113.88 per share on Jul 29 ’24. Company shares held by the Corporate VP and Controller now total 12,318.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. RTX Corp pays an annual dividend of $2.44, resulting in a dividend yield of 1.95%, and it has a price to earnings (P/E) ratio of 72.27. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, RTX has a high of $125.53 and a low of $68.56.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 $44.34, while its Total Shareholder’s Equity was $74.70B.

Analysts Opinion

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. 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 3.45.

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