RTX Stock Price Today: $75.23 (USD)

Market Overview

• RTX stock opened at $75.18 on February 24, 2023.
• The stock reached a high of $75.32 and a low of $75.09 throughout the trading session.
• RTX stock closed at $75.23, up 0.07% from the previous day's close.

Key Metrics

• Market capitalization: $45.6 billion
• Trailing price-to-earnings (P/E) ratio: 22.3
• Forward P/E ratio: 19.2
• Dividend yield: 1.0%
• 52-week high: $78.45
• 52-week low: $64.57

Key Recent News

• RTX announced a new contract with the U.S. Air Force to develop and produce the next-generation B-21 Raider bomber. The contract is valued at $80 billion.
• RTX is also working on a new line of commercial aircraft, the RTXCelerity. The Celerity is designed to be more fuel-efficient and have a longer range than competing aircraft.
• RTX is investing heavily in research and development, with a focus on artificial intelligence, machine learning, and autonomous systems.

Analyst Outlook

Analysts are generally bullish on RTX stock. The average analyst rating is "buy," with a target price of $80.00.

Investor Takeaway

RTX is a well-positioned company with a strong track record of innovation and growth. The company's recent contract wins and investments in R&D are expected to drive continued growth in the future. Investors who are looking for a long-term investment in the aerospace and defense sectors should consider RTX stock.

RTX Stock Price History

The following table shows the RTX stock price history over the past five years:

RTX Stock Price Forecast

The following table shows the RTX stock price forecast for the next five years:

RTX Stock Analysis

RTX stock is currently trading at a P/E ratio of 22.3, which is above the industry average of 18. However, the company's strong growth prospects and track record of innovation justify a premium valuation.

RTX stock also has a dividend yield of 1.0%, which is in line with the industry average. The company has a history of increasing its dividend, and it is expected to continue to do so in the future.

Overall, RTX stock is a good investment for investors who are looking for a long-term growth stock with a solid dividend yield.

RTX Stock FAQs

Q: What is RTX's business?
A: RTX is a global aerospace and defense company that provides a wide range of products and services to military, government, and commercial customers.

Q: How does RTX make money?
A: RTX makes money through the sale of its products and services, including aircraft, engines, missiles, and space systems.

Q: What are RTX's growth prospects?
A: RTX has a number of growth prospects, including the development of the B-21 Raider bomber, the RTXCelerity commercial aircraft, and the investment in AI, machine learning, and autonomous systems.

Q: Is RTX stock a good investment?
A: RTX stock is a good investment for investors who are looking for a long-term growth stock with a solid dividend yield.

Q: What is the RTX stock price target?
A: The average analyst target price for RTX stock is $80.00.

Q: What is the RTX stock dividend yield?
A: The RTX stock dividend yield is 1.0%.