Bull
$214.35
Scenario price
$211.710
-0.360 (-0.17%)At close
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.
Currently, RTX Corp is trading at $211.71, which is below several analyst price targets, such as $245 from Argus and $238 from Deutsche Bank. However, the stock's RSI is at 36.998, indicating it may be oversold, but recent insider selling has increased by 1363.87%, which raises concerns about management stability. Given these factors, it may be prudent to hold rather than buy at this time.
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Strong Commercial Aerospace Supports RTX's Defense Business

RTX Aerospace and Defense Business Synergy

Karman's Unexpected CFO Departure Raises Market Concerns

Surge in LEAP Engine Deliveries Boosts Aerospace Industry

Raytheon Expands to Enhance Defense Production Capacity
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others. It operates in the Industrials sector (AIRCRAFT ENGINES & ENGINE PARTS industry).
Currently, RTX Corp is trading at $211.71, which is below several analyst price targets, such as $245 from Argus and $238 from Deutsche Bank. However, the stock's RSI is at 36.998, indicating it may be oversold, but recent insider selling has increased by 1363.87%, which raises concerns about management stability. Given these factors, it may be prudent to hold rather than buy at this time.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.