Raytheon Technologies Corporation (RTX) Company Bio
Raytheon Technologies Corporation (formerly United Technologies) provides technology products and services to building systems and aerospace industries worldwide. The company was founded in 1934 and is based in Hartford, Connecticut.
RTX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Raytheon Technologies Corp. To summarize, we found that Raytheon Technologies Corp ranked in the 17th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 78.83%. As for the metrics that stood out in our discounted cash flow analysis of Raytheon Technologies Corp, consider:
Its compound free cash flow growth rate, as measured over the past 5.48 years, is -0.07% -- higher than merely 16.7% of stocks in our DCF forecasting set.
As a business, RTX is generating more cash flow than 96.33% of positive cash flow stocks in the Industrials.
Raytheon Technologies Corp's effective tax rate, as measured by taxes paid relative to net income, is at 51 -- greater than 94.25% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ACM, DESP, HTLD, FDX, and ABB can be thought of as valuation peers to RTX, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
The short-range missile defense system was developed by Rafael Advanced Defense Systems, which set up a joint venture with Raytheon ([[RTX]] +1.3%) in August to both manufacture and market Iron Dome.Under the terms of an agreement signed between Israel's Ministry of Defense and the U.S. Defense Department in August 2019,...
Raytheon (RTX) has been awarded a sole-source contract in the amount of ~$212.76M under a Foreign Military Sale case to the United Arab Emirates.Raytheon will provide one Prime Power Unit and five years of sustainment services for two Terminal High Altitude Area Defense Army/Navy Transportable Radar Surveillance and Control-Series 2...
DOW UPDATE The Dow Jones Industrial Average is trading down Thursday afternoon with shares of Dow Inc. and Exxon Mobil facing the biggest setback for the price-weighted average. Shares of Dow Inc. (DOW) and Exxon Mobil (XOM) have contributed to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 223 points (0.
DOW UPDATE Shares of Exxon Mobil and Dow Inc. are trading lower Thursday morning, propelling the Dow Jones Industrial Average selloff. Shares of Exxon Mobil (XOM) and Dow Inc. (DOW) are contributing to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 304 points lower (-1.