Raytheon Technologies Corporation (RTX) Stock Forecast & Predictions

Raytheon Technologies Corporation RTX: $87.16

870 Winter Street, Waltham, Massachusetts, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.rtx.com

  • Market Cap$131.43B
  • Change (52 Weeks)55.50%
  • Low (52 Weeks)$50.62
  • Raytheon Technologies Corporation (RTX) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Raytheon Technologies Corporation (RTX) stock price is $87.16 and the 52 weeks low is $50.62, which means the Raytheon Technologies Corporation stock price is up 55.50% in the last 12 months.

    Raytheon Technologies Corporation (RTX) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that RTX Stock price might rise further, 18.75% indicating that RTX Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall RTX stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Raytheon Technologies Corporation (RTX) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Raytheon Technologies Corporation (RTX) is based on 27 Institutional Analyst Ratings where 55.56% are on Strong Buy, 29.63% on Moderate Buy, 14.81% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 27 Institutional Analysts, majority recommended RTX stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Raytheon Technologies Corporation.

    Raytheon Technologies Corporation (RTX) Stock Price Prediction By Analysts


    HighLowAverage
    $115.50$90.39$103.64
    $103.6418.9% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for RTX set by the institutional analysts is $103.64 where High Estimate is $115.50, Median $104.04 and Low $90.39.

    The average price target for RTX by Institutional Analysts is $103.64, which is 18.9% Upside from the current price. So according to the Institutional Analysts, RTX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Raytheon Technologies Corporation (RTX) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with RTX stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about RTX and holding their positions hoping for a further rise in the stock price and more profit.

    Raytheon Technologies Corporation (RTX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Argus ResearchBuyUpgraded
    SusquehannaPositiveMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    Wells FargoEqual-WeightInitiated
    Redburn PartnersBuyInitiated
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    SusquehannaPositiveMaintained
    Wolfe ResearchOutperformInitiated
    DZ BankBuyUpgraded
    JP MorganOverweightUpgraded
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightInitiated
    JP MorganNeutralMaintained
    Vertical ResearchBuyUpgraded
    CitigroupNeutralMaintained
    Cowen & Co.OutperformMaintained
    RBC CapitalOutperformInitiated
    JefferiesBuyMaintained
    RBC CapitalSector PerformMaintained
    CFRABuyMaintained
    Credit SuisseOutperformMaintained
    Goldman SachsBuyReiterated
    UBSBuyMaintained
    Vertical ResearchHoldInitiated
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    BenchmarkBuyInitiated
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    Cowen & Co.OutperformMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformInitiated
    BernsteinMarket PerformMaintained
    BarclaysOverweightMaintained
    Cowen & Co.OutperformUpgraded
    Seaport GlobalBuyUpgraded
    Morgan StanleyOverweightMaintained
    Seaport GlobalNeutralInitiated
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    RBC CapitalSector PerformDowngraded
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    Daiwa CapitalOutperformUpgraded
    Stifel NicolausHoldMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightInitiated
    Stifel NicolausHoldMaintained
    Goldman SachsBuyUpgraded
    BairdOutperformUpgraded
    Atlantic EquitiesOverweightUpgraded
    Stifel NicolausHoldMaintained
    Deutsche BankHoldMaintained
    Cowen & Co.Market PerformDowngraded
    ArgusHoldDowngraded
    RBC CapitalSector PerformInitiated
    Credit SuisseOutperformUpgraded
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    NeutralMaintained
    BairdNeutralInitiated
    UBSBuyMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalSector PerformDowngraded
    Goldman SachsNeutralDowngraded
    RBC CapitalOutperformUpgraded
    BernsteinMarket PerformDowngraded
    Sterne Agee CRTNeutralDowngraded
    CitigroupBuyMaintained
    RBC CapitalSector PerformDowngraded
    JP MorganNeutralInitiated
    CitigroupBuyMaintained
    BarclaysEqual-WeightDowngraded
    Cowen & Co.OutperformUpgraded
    Deutsche BankHoldDowngraded
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Atlantic EquitiesNeutralDowngraded
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Standpoint ResearchHoldDowngraded
    ArgusBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyInitiated
    BarclaysOverweightMaintained
    JefferiesBuyMaintained
    BernsteinOutperformUpgraded
    Wells FargoOutperformUpgraded
    Tigress FinancialBuyInitiated
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    JP MorganOverweightMaintained
    Stifel NicolausHoldInitiated
    UBSBuyMaintained
    Cowen & Co.Market PerformDowngraded
    Wells FargoMarket PerformDowngraded
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    JP MorganMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Goldman SachsBuyUpgraded
    CitigroupNeutralDowngraded
    William BlairMarket PerformDowngraded
    UBSBuyMaintained
    NomuraBuyMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightInitiated
    CitigroupBuyUpgraded
    UBSBuyMaintained
    NomuraBuyMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    OppenheimerPerformDowngraded
    CitigroupNeutralMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    CitigroupNeutralMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    Drexel HamiltonBuyMaintained
    CitigroupNeutralMaintained
    Sterne AgeeBuyMaintained

    Raytheon Technologies Corporation (RTX) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.052
    The average consensus EPS for RTX is $1.052 with a high estimate of $1.176 and Low of $0.941 for the period 2021-12-31 and based on 18 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.03$0.93890610000000012021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.09711252021-09-30
    $1.03$0.93890610000000012021-06-30
    $0.9$0.87516500000000012021-03-31
    $0.74$0.70624252020-12-31
    $0.58$0.50864612020-09-30
    $0.4$0.12531072020-06-30
    $1.78$1.23711872020-03-31
    $1.94$1.85795560000000022019-12-31
    $2.21$2.05295630000000042019-09-30
    $2.2$2.06657112019-06-30
    $1.91$1.73046332019-03-31
    $1.95$1.54803712018-12-31
    $1.93$1.83285712018-09-30
    $1.97$1.86633860000000022018-06-30
    $1.77$1.530152018-03-31
    $1.6$1.5761052017-12-31
    $1.73$1.70440532017-09-30
    $1.85$1.79761822017-06-30
    $1.48$1.40336472017-03-31
    $1.56$1.57301442016-12-31
    $1.76$1.67909469999999982016-09-30
    $1.82$1.69820392016-06-30
    $1.42$1.40597052016-03-31
    $1.37$1.53301842015-12-31
    $1.61$1.56794422015-09-30
    $1.73$1.731142015-06-30
    $1.58$1.46212652015-03-31
    $1.62$1.63726052014-12-31
    $2.04$1.8266862014-09-30
    $1.84$1.72955432014-06-30
    $1.32$1.27966999999999992014-03-31
    $1.58$1.54222960000000022013-12-31
    $1.55$1.5530772013-09-30
    $1.7$1.58868962013-06-30
    $1.39$1.30565732013-03-31
    $1.04$1.03789622012-12-31
    $1.37$1.1896792012-09-30
    $1.62$1.42460500000000012012-06-30
    $1.31$1.20959622012-03-31
    $1.47$1.471572011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).