RTX (RTX) concluded the recent trading session at $129.64, signifying a +0.73% move from its prior day's close.
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RTX's great prospects have already been observed in the robust backlog growth across commercial and defense end market, thanks to the increased travel trends and higher geopolitical tensions. Combined with the favorable volume/ mix and the higher book to bill ratio, it is unsurprising that the company has reported double beat FQ4'24 performance and robust FY2025 guidance. Even so, readers must note that we may see the US government cut federal spending over the next few years, worsened by the higher tariffs on steel and aluminum.
Investors interested in Aerospace - Defense stocks are likely familiar with RTX (RTX) and Airbus Group (EADSY). But which of these two stocks presents investors with the better value opportunity right now?
RTX (RTX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
I rated RTX Corporation stock as a "BUY" in late 2023 as a good fit to Ben Graham's criteria for picking defensive stocks. I see some new catalysts since that writing from RTX's recent earnings report. I feel particularly strong in its engine segment. The impressive backlog also provides long-term growth stability.
RTX (RTX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
RTX (RTX) reported earnings 30 days ago. What's next for the stock?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
RTX (RTX) closed at $127.31 in the latest trading session, marking a -0.02% move from the prior day.
RTX Corp.'s Pratt & Whitney division expands its GTF MRO network by partnering with Sanad Group, thereby strengthening its footprint in the UAE.
RTX's stock decline is driven by defense budget cut fears, but commercial aerospace growth and a $218 billion backlog offer stability and growth prospects. Commercial aerospace sales grew 11.8% last year, outpacing defense sales, indicating that RTX's revenue growth is less dependent on U.S. defense budgets. RTX's backlog, covering 2.5 years of sales, and potential cost efficiencies in procurement processes, mitigate risks from potential defense budget cuts.