NYSE:RTX
57.49
0.11
(0.19%)
United Technologies Corporation is an American multinational conglomerate headquartered in Farmington, Connecticut.
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Raytheon
RTX-N
Analysis and Opinions about RTX-N
Signal
Opinion
Expert
BUY
BUY
September 23, 2020
Defence is doing exceptionally well, plus it has aerospace and security exposure. Exceptionally well run.
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Defence is doing exceptionally well, plus it has aerospace and security exposure. Exceptionally well run.
BUY
BUY
August 27, 2020
Great promise, but being held back by exposure to US commercial aerospace. Long-term, we'll get back to normal. After 9/11, predictions were negative about flying too. Regulated Covid testing will help. At $60, has earnings power at $7-9 EPS. Cheap. Cash flow expectations are exciting. Be patient and it will reward you.
Show full opinionHide full opinionGreat promise, but being held back by exposure to US commercial aerospace. Long-term, we'll get back to normal. After 9/11, predictions were negative about flying too. Regulated Covid testing will help. At $60, has earnings power at $7-9 EPS. Cheap. Cash flow expectations are exciting. Be patient and it will reward you.
TOP PICK
TOP PICK
August 6, 2020
Stockchase Research Editor: Michael O'Reilly US defense spending will continue to be strong, despite pandemic issues and RTX is well positioned for it. The company recently reported over $10 billion in defense product bookings and a $73 billion order backlog. True, it has been hampered by the pandemic due to a slowdown in its aerospace product business thanks to supply chain issues and reduced demand from airlines. We like the relatively cheap forward PE of 16 and the 24% growth in sales over the past quarter. The dividend is also attractive. We like the entry level here with upside towards $76 -- potential gain of 25%. We would consider a close below the gap at $52 as a stop loss point. Yield 3.17% (Analysts’ price target is $76.25)
Show full opinionHide full opinionStockchase Research Editor: Michael O'Reilly US defense spending will continue to be strong, despite pandemic issues and RTX is well positioned for it. The company recently reported over $10 billion in defense product bookings and a $73 billion order backlog. True, it has been hampered by the pandemic due to a slowdown in its aerospace product business thanks to supply chain issues and reduced demand from airlines. We like the relatively cheap forward PE of 16 and the 24% growth in sales over the past quarter. The dividend is also attractive. We like the entry level here with upside towards $76 -- potential gain of 25%. We would consider a close below the gap at $52 as a stop loss point. Yield 3.17% (Analysts’ price target is $76.25)
BUY
BUY
July 23, 2020
Quite high on it. Near term bumps in the road. UTX is highly correlated with the aerospace business. Raytheon is more insulated. Together, sees an $8-9 rise in stock price. Thinks they can generate a lot of cash. You might have to show a bit of patience with it. It will do well once the economy gets its footing.
Quite high on it. Near term bumps in the road. UTX is highly correlated with the aerospace business. Raytheon is more insulated. Together, sees an $8-9 rise in stock price. Thinks they can generate a lot of cash. You might have to show a bit of patience with it. It will do well once the economy gets its footing.
COMMENT
COMMENT
June 24, 2020
The outcome of a merger with United Technology, which had previously spun out their elevator division. She owns this as she held United previously and will continue to hold it. COVID-19 has had a negative impact on their airplane engine division. With lower flying time, there is less repair work required as well. The defense space is still doing well. Eventually air travel will resume and will remain attractive long term.
Show full opinionHide full opinionThe outcome of a merger with United Technology, which had previously spun out their elevator division. She owns this as she held United previously and will continue to hold it. COVID-19 has had a negative impact on their airplane engine division. With lower flying time, there is less repair work required as well. The defense space is still doing well. Eventually air travel will resume and will remain attractive long term.
TOP PICK
TOP PICK
June 17, 2020
A product of a recent merger with United Technologies. It gives you a solid industrial company. They spun out the OTIS elevator division. They have cyber security and missile technology. They have stable and predictable sources of cash. It is trading at very reasonable price multiples. They are going to generate over $5 billion in free cash flow. There is a great future for this combined company. Yield 2.81% (Analysts’ price target is $74.76)
Show full opinionHide full opinionA product of a recent merger with United Technologies. It gives you a solid industrial company. They spun out the OTIS elevator division. They have cyber security and missile technology. They have stable and predictable sources of cash. It is trading at very reasonable price multiples. They are going to generate over $5 billion in free cash flow. There is a great future for this combined company. Yield 2.81% (Analysts’ price target is $74.76)
DON'T BUY
DON'T BUY
June 9, 2020
Performance is flat and is declining vs. the S&P, which are flags. If the economy really ramps up, these industrial stocks will do well, but he doesn't own this space. He prefers healthcare. A lot depends on the November vote and the kind of military spending Washington will plan. RTX is starting to approach its 200-day moving average, but that could be a ceiling.
Show full opinionHide full opinionPerformance is flat and is declining vs. the S&P, which are flags. If the economy really ramps up, these industrial stocks will do well, but he doesn't own this space. He prefers healthcare. A lot depends on the November vote and the kind of military spending Washington will plan. RTX is starting to approach its 200-day moving average, but that could be a ceiling.
PAST TOP PICK
PAST TOP PICK
May 26, 2020
(A Top Pick May 13/19, Down 34%) They just completed the UTX merger. It's struggling a little, but its defence business will support the dividend. Management has always been highly regarded. The Boeing Max problems don't help. He will hold onto this and remains confident. The stock price reflects current problems, but positive surprises and the good management will deliver satisfactory revenues.
(A Top Pick May 13/19, Down 34%) They just completed the UTX merger. It's struggling a little, but its defence business will support the dividend. Management has always been highly regarded. The Boeing Max problems don't help. He will hold onto this and remains confident. The stock price reflects current problems, but positive surprises and the good management will deliver satisfactory revenues.
HOLD
HOLD
May 13, 2020
A company they own. The defense segment will be a very defensive holding. Their aerospace segment will suffer as their parts will in less demand. Also, new orders are likely to slow. The company is well managed with a strong CEO and balance sheet. They will continue holding it.
Show full opinionHide full opinionA company they own. The defense segment will be a very defensive holding. Their aerospace segment will suffer as their parts will in less demand. Also, new orders are likely to slow. The company is well managed with a strong CEO and balance sheet. They will continue holding it.
PAST TOP PICK
PAST TOP PICK
April 29, 2020
(A Top Pick Jul 25/19, Down 16%) He actually bought United Technologies, which was subsequently purchased by RTN. OTIS and Carrier were rolled out as separate entities at the time. He really likes RTN and would continue to hold it.
Show full opinionHide full opinion(A Top Pick Jul 25/19, Down 16%) He actually bought United Technologies, which was subsequently purchased by RTN. OTIS and Carrier were rolled out as separate entities at the time. He really likes RTN and would continue to hold it.
COMMENT
COMMENT
April 16, 2020
The OTIS side is intriguing as there are only two elevator installation and repair companies around. There are going to be ups and down with industrial companies for a while.
Show full opinionHide full opinionThe OTIS side is intriguing as there are only two elevator installation and repair companies around. There are going to be ups and down with industrial companies for a while.
BUY
BUY
April 7, 2020
Playing the Raytheon merger and aerospace sector. You need to own the new Raytheon if you want to own aerospace, because the remaining pieces of UTX won't be involved here. But you need to be positive about a recovery in commercial aircraft, which of course is challenged during this pandemic. So, it makes more sense to be in a defense stock like Northrop Grumman which does almost no business moving civillians. He doesn't see commercial air business picking up soon.
Show full opinionHide full opinionPlaying the Raytheon merger and aerospace sector. You need to own the new Raytheon if you want to own aerospace, because the remaining pieces of UTX won't be involved here. But you need to be positive about a recovery in commercial aircraft, which of course is challenged during this pandemic. So, it makes more sense to be in a defense stock like Northrop Grumman which does almost no business moving civillians. He doesn't see commercial air business picking up soon.
HOLD
HOLD
February 5, 2020
Over a 2-5 year time horizon, this will do fine, especially following the acquisition of Raytheon. This will diversify their business into the defense space. With low interest rates and good economic growth, this will be a good long term hold in the industrial space.
Over a 2-5 year time horizon, this will do fine, especially following the acquisition of Raytheon. This will diversify their business into the defense space. With low interest rates and good economic growth, this will be a good long term hold in the industrial space.
BUY
BUY
January 22, 2020
US defence stocks have performed well, but will this continue? This chart wants to break-out and could happen if Trump is re-elected. A large, liquid defence name is worth owning. Don't wait for the UTC merger to happen to step in.
Show full opinionHide full opinionUS defence stocks have performed well, but will this continue? This chart wants to break-out and could happen if Trump is re-elected. A large, liquid defence name is worth owning. Don't wait for the UTC merger to happen to step in.
BUY
BUY
January 20, 2020
UTX merger He owns Raytheon and this deal with UTX is a great combination. Before the merger, UTX will spinoff its elevator division--a taxable event for Canadian. For Canadians to lower this tax hit, buy Raytheon. Recommended. UTX may struggle a bit because of Boeing's 737 Max woes (UTX makes engines), but long-term aerospace looks healthy. There are 26,000 commercial planes now, but by 2030 there need to 35,000, outpacing GDP growth. Combined synergies will make this company powerful.
UTX merger He owns Raytheon and this deal with UTX is a great combination. Before the merger, UTX will spinoff its elevator division--a taxable event for Canadian. For Canadians to lower this tax hit, buy Raytheon. Recommended. UTX may struggle a bit because of Boeing's 737 Max woes (UTX makes engines), but long-term aerospace looks healthy. There are 26,000 commercial planes now, but by 2030 there need to 35,000, outpacing GDP growth. Combined synergies will make this company powerful.
Raytheon(RTX-N) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 12
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 15
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, 15 stock analysts published opinions about RTX-N. 12 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 John O'Connell, CFA on 2020-09-23. 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?
15 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 2020-09-25, Raytheon (RTX-N) stock closed at a price of $57.49.
