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Investor Insights

This summary was created by AI, based on 27 opinions in the last 12 months.

The company Raytheon, symbol RTX-N, is a mixed bag of reviews from experts. The stock has faced challenges including manufacturing defects and engine issues, which have affected its performance and credibility. However, the company's strong balance sheet and potential for long-term growth make it an attractive investment. It is also well-positioned to benefit from increasing defense spending and the rebound of the commercial aerospace sector post-Covid-19. Despite concerns, some experts believe the stock is oversold and presents a good buying opportunity. Overall, Raytheon is seen as a company with potential for growth and resilience in the face of challenges.

Consensus
Mixed
Valuation
Fair Value
BUY
Raytheon

Large defensive budgets will increase profits for company. Global tensions will create demand for products. Good time to invest in company. 

Defense
PAST TOP PICK
Raytheon
(A Top Pick Jan 25/23, Down 6%)

Aviation and aerospace market in high demand with Global tensions. Large backlog of airplane demand will perform over time. Manufacturing defect in 2023 put large damper on company (large expense) which drove the stock down. Will continue to own shares. Problems appear to be in the rear view mirror. 

Defense
TOP PICK
Raytheon

Bit out of favour and down in dumps. Even mix between aerospace and defense, both have massive demand and quite strong topline growth, good profitability. Engine issue has been an overhang. Cashflow hasn't yet been hit, as added service costs will come over next 2-3 years. Accelerated share buyback plan. Inexpensive multiple of 16.5x for such a strong business. Headline risk in the aviation space. Yield is 2.6%.

Feeds into today's theme of a company that can go against the grain, has a rock-solid balance sheet, and can operate in a counter-cyclical manner.

(Analysts’ price target is $95.14)
Defense
COMMENT
Raytheon

The question also included the defense sector. He doesn't know Raytheon itself but he likes the defense sector. There is a lot of Geo-political risk. He owns General Dynamics and Howmet. You could also buy the ETF -XAR for the defense stocks space.

Defense
TOP PICK
Raytheon

Defense spending expected to rise. Stock price weakness the past year presenting a good time to buy. Commercial airspce business expected to grow. Concerns on supply chain not a big factor. Expecting margin improvement. Yield over 2%. Has been buying more shares and will continue to own. 

Defense
TOP PICK
Raytheon

Had its troubles this year, which is costing about $5B to fix. A headache, but won't derail the company. Stock price has adjusted about 20%, lower valuation. Business is growing sharply, biggest backlog in history of $160B. His experience is that for problems that can be solved with time and effort, the shock to the stock value will dissipate over time as confidence builds. Investors should take advantage. Yield is 3%.

(Analysts’ price target is $88.58)
Defense
PAST TOP PICK
Raytheon
(A Top Pick Nov 18/22, Down 14%)

Defense backlog growing. Margins still need to catch up. Aerospace engine recall affecting stock price, we'll see how it resolves in 1-2 years. Overdone, likes stock long term, she's holding.

Defense
RISKY
Raytheon

A spec because of their problems with engines. Otherwise, Lockheed is more stable.

Defense
BUY
Raytheon

Now called RTX, though some still say Raytheon. Seasonally, defence stocks do well this time of year as many deals get done. Shares are 20% below the top. This could run up. Has been climbing recently.

Defense
TOP PICK
Raytheon

Due to geopolitical tension, demand for defense spending will be high. High quality r&d pipeline of products. More commercial travel after Covid-19 will help business. Valuation of share price an attractive entry point. Concerns over engine problems and product recalls are overblown. Strong management team. Good for long term investors. 

Defense
BUY
Raytheon

It recently rallied after an ugly few months, triggered by a major recall of jet engines that will cost them $3-3.5 billion. It's oversold. Reported last week: operating profit up 38% YOY, sales up 16% YOY and commercial after-market sales up 30% YOY

Defense
PAST TOP PICK
Raytheon
(A Top Pick Sep 09/22, Down 16%)

Diversified business with lots of products. 
Engineering problems causing error in metals within engine turbines.
Expecting engine problems to be a short term event.
Company has excellent reputation.
Good for long term investors. 
Expecting $9.5 billion in free cash flow by 2025.
Will continue to hold.

Defense
WEAK BUY
Raytheon

It depends on how much Washington will spend on defence and that debate is happening now. Problem is that defence contracts come and go without warning. Too volatile for him, so he's never owned it. That said, tensions in places like south Asia vs. the US will drive demand for RTX's products.

Defense
RISKY
Raytheon

Current price pullback has occurred for good reason - glitch in new engine. 
Concerns for payments required to customers to fix problems.
Management losing credibility.
Risky buy at this time. 

Defense
DON'T BUY
Raytheon

It still yields 3%. There will be a credibility gap between what they said about the problem with their engines and the reality of them. He expects a lot of bad blood between RTX and the airlines who will lose some flight time because of this. Trades at 15x PE and will go lower, and may be then you can buy it.

Defense
Showing 1 to 15 of 174 entries

Raytheon(RTX-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 20

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 21

Stockchase rating for Raytheon is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Raytheon(RTX-N) Frequently Asked Questions

What is Raytheon stock symbol?

Raytheon is a American stock, trading under the symbol RTX-N on the New York Stock Exchange (RTX). It is usually referred to as NYSE:RTX or RTX-N

Is Raytheon a buy or a sell?

In the last year, 21 stock analysts published opinions about RTX-N. 20 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Raytheon.

Is Raytheon a good investment or a top pick?

Raytheon was recommended as a Top Pick by on . Read the latest stock experts ratings for Raytheon.

Why is Raytheon stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Raytheon worth watching?

21 stock analysts on Stockchase covered Raytheon In the last year. It is a trending stock that is worth watching.

What is Raytheon stock price?

On 2024-04-15, Raytheon (RTX-N) stock closed at a price of $100.02.