How to Buy Rtx Stock
Rtx Corp
Raytheon Technologies Corporation, an aerospace and defense company, provides advanced systems and services for commercial, military, and government customers worldwide.
Rtx stock last closed at $101.02, down 0.36% from the previous day, and has decreased 1.41% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.08 percentage points. Rtx stock is currently +47.36% from its 52-week low of $68.56, and -2.76% from its 52-week high of $103.89.
At the moment, there are 1.33B RTX shares outstanding. The market capitalization of RTX is $134.31B. In the last 24 hours, 7.72M RTX shares were traded.
How to Buy Rtx Stock
Not sure how to invest in Rtx stock? Here's how.
- Decide where to buy Rtx stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Rtx stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your details.
- Research Rtx stock: The Rtx ticker symbol is RTX. Is Rtx stock a good investment? Should you buy shares of RTX? How do RTX's underlying business fundamentals look? Do top analysts think Rtx is a good buy? Why has RTX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if RTX is a good stock to buy).
- Place your RTX purchase: Decide if you will purchase RTX shares at the current market price or use a limit order to buy RTX stock at a particular price.
- Keep an eye on your investment in RTX: Create a watchlist to get the latest news on your investment in Rtx stock.
Step 1: Decide where to buy Rtx stock
You need a brokerage account to access the NYSE market and buy RTX stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to buy RTX stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on apps for stocks, you can securely and quickly fund your account:
Watch the tutorial below if you need help transferring funds into your new investment account.
Step 4: Research Rtx stock
After you have decided on the best place to buy Rtx stock, it's absolutely critical to analyze their stock before you buy, so you can understand the risk as well as the upside.
Rtx Metrics
Rtx Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis.
You can see all of the due diligence checks on RTX's stock page.
How is RTX stock valued?
You can use many financial metrics, analyses, models, and charts to gauge RTX's intrinsic value.
Using relative valuations methods:
- RTX could be overvalued based on its P/E ratio of 39.77x, relative to Aerospace & Defense industry P/E ratio of 23.99x
- RTX may be undervalued based on its P/B ratio of 2.22x, relative to Aerospace & Defense industry P/B ratio of 5.32x
- RTX may be undervalued based on its PEG ratio of 0.42x
You can do more valuation analysis on RTX's stock here.
RTX Financials at a glance
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the RTX balance sheet.
- RTX's operating cash flow of $9.09B allows it to safely service it's debt of $44.25B.
- Total RTX debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- RTX has a relatively high debt to equity ratio of 1.62.
- RTX earnings of $5.27B is not sufficient to cover its interest payments.
- RTX profit margin has gone down from 8.1% to 4.9% in the past year.
- There are more long-term liabilities than short-term assets on the RTX balance sheet.
Is it a good time to buy Rtx stock, according to Wall Street analysts?
Out of 10 Equities analysts who give recommendations on RTX, the consensus analyst rating on RTX is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Latest RTX Analyst Recommendations
Matthew Akers, a top 9% analyst from Wells Fargo maintains RTX with a strong buy rating and maintains their RTX price target from $120.00 to $120.00, on Apr 1, 2024.
Wells Fargo's Matthew Akers maintained their Strong Buy rating on Rtx (NYSE: RTX). The analyst also maintained a $120 price target.
Langan issued their note to report that Wells Fargo added Rtx to its Q2 2024 "Tactical Ideas List."
The analyst explained that their firm "sees GTF grounded aircraft peaking soon, allowing investors to look past the one-time impact of the engine recall."
Further, Wells Fargo believes that "defense margins should continue to expand on an improved mix and recovering EACs (Equivalent Annual Costs)," Langan said.
Cai Rumohr, a top 11% analyst from TD Cowen maintains RTX with a buy rating and raises their RTX price target from $106.00 to $115.00, on Mar 19, 2024.
David Strauss, a top 16% analyst from Barclays maintains RTX with a hold rating and raises their RTX price target from $75.00 to $90.00, on Jan 30, 2024.
Kenneth Herbert, a top 5% analyst from RBC Capital reiterates RTX with a hold rating and maintains their RTX price target from $88.00 to $88.00, on Jan 24, 2024.
Kristine Liwag, a top 11% analyst from Morgan Stanley maintains RTX with a hold rating and raises their RTX price target from $83.00 to $86.00, on Oct 25, 2023.
You can dive deeper into what analysts are projecting on the Rtx stock forecast page.
RTX Momentum
RTX Performance Metrics
Last year, RTX earnings were $3.48B. Over the last 5 year, RTX's earnings have grown by -17.18% per year. This was slower than the Aerospace & Defense industry average of 0.04%.
Last year, RTX revenue was $71.01B. Over the past five year, RTX's revenue has increased by 13.43% per year. This was faster than the Aerospace & Defense industry average of 7.46%.
You can research RTX's earnings and revenue performance here.
Are RTX executives and large shareholders buying or selling the stock?
Over the last year, insiders at RTX have bought more shares than they have sold.
Kevin G. Dasilva, Corporate VP and Treasurer of RTX, was the latest RTX insider to sell. They sold $66,175.96 worth of RTX shares on Mar 25, 2024.
Dig into more about who owns RTX stock here.
Does RTX provide a stable income stream?
Rtx pays a dividend of 2.34%, compared to the Aerospace & Defense industry's average dividend yield of 1.55%. If you owned $1,000 of RTX stock, you would have been paid $23.36 in the past 12 months.
Rtx dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Rtx dividend yield and history here.
What do other traders have to say about RTX?
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Step 5: Place your RTX purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need more info about buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in RTX
Now that you own some RTX shares, you'll want to stay up-to-date on your investment.
Start a watchlist to track your RTX stock.
RTX Feed
How to Buy Stock in Rtx
To summarize, here are the 6 steps to buy stock in Rtx:
- Decide where to buy Rtx stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Rtx stock
- Place your RTX purchase
- Keep an eye on your investment in RTX
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Rtx, hit the button below to create your watchlist.
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