RTX (RTX) ended the recent trading session at $149.28, demonstrating a +1.64% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.14%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.27%.
Heading into today, shares of the an aerospace and defense company had gained 0.81% over the past month, lagging the Aerospace sector's gain of 3.6% and the S&P 500's gain of 3.97%.
Market participants will be closely following the financial results of RTX in its upcoming release. The company plans to announce its earnings on July 22, 2025. The company is expected to report EPS of $1.45, up 2.84% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $20.66 billion, showing a 4.77% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $5.93 per share and a revenue of $84.14 billion, demonstrating changes of +3.49% and +4.21%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for RTX. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.65% lower. As of now, RTX holds a Zacks Rank of #4 (Sell).
In terms of valuation, RTX is presently being traded at a Forward P/E ratio of 24.76. This expresses no noticeable deviation compared to the average Forward P/E of 24.76 of its industry.
It's also important to note that RTX currently trades at a PEG ratio of 2.73. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Aerospace - Defense industry held an average PEG ratio of 2.02.
The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 58, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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RTX Corporation (RTX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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