RTX Stock – How to buy Raytheon Technologies Corporation shares
Raytheon Technologies Corporation (RTX) is a leading aerospace & defense business with stocks listed in the US. It opened the day at US$77.635 after a previous close of US$77.79. During the day the price has varied from a low of USD77.26 to a high of USD78.45. The latest price was USD77.81 (25 minute delay). Raytheon Technologies Corporation is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Raytheon Technologies Corporation
- Compare share trading platforms. To buy shares in a US company from Australia you’ll need to find a trading platform that offers access to US stock markets. If you’re just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Raytheon Technologies Corporation. Find the share by name or ticker symbol: RTX. Research its history to confirm it’s a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Raytheon Technologies Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of Raytheon Technologies Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Raytheon Technologies Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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Raytheon Technologies Corporation share price
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Raytheon Technologies Corporation shares at a glance
Information last updated 2021-03-30.
Information last updated 2021-03-25.
|52-week range||US$46.6583 – US$80.06|
|50-day moving average||US$74.8044|
|200-day moving average||US$67.738|
|Dividend yield||US$1.9 (2.53%)|
|Earnings per share (TTM)||US$6.4107|
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Is it a good time to buy Raytheon Technologies Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Raytheon Technologies Corporation price performance over time
|1 week (2021-03-24)||2.99%|
|1 month (2021-03-03)||3.65%|
|3 months (2020-12-30)||9.04%|
|6 months (2020-09-30)||35.23%|
|1 year (2020-03-30)||1,155.36%|
|2 years (2019-03-29)||859.27%|
|3 years (2018-03-29)||882.67%|
|5 years (2016-03-30)||1,133.32%|
Is Raytheon Technologies Corporation under- or over-valued?
Valuing Raytheon Technologies Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Raytheon Technologies Corporation’s overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Raytheon Technologies Corporation’s P/E ratio
Raytheon Technologies Corporation’s current share price divided by its per-share earnings (EPS) over a 12-month period gives a “trailing price/earnings ratio” of roughly 120x. In other words, Raytheon Technologies Corporation shares trade at around 120x recent earnings.
That’s relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they’re over-valued.
Raytheon Technologies Corporation’s PEG ratio
Raytheon Technologies Corporation’s “price/earnings-to-growth ratio” can be calculated by dividing its P/E ratio by its growth – to give 2.0551. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Raytheon Technologies Corporation’s future profitability. By accounting for growth, it could also help you if you’re comparing the share prices of multiple high-growth companies.
Raytheon Technologies Corporation’s EBITDA
Raytheon Technologies Corporation’s EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$6.6 billion (£4.8 billion).
The EBITDA is a measure of a Raytheon Technologies Corporation’s overall financial performance and is widely used to measure a its profitability.
Raytheon Technologies Corporation financials
|Revenue TTM||US$56.6 billion|
|Operating margin TTM||4.39%|
|Gross profit TTM||US$9 billion|
|Return on assets TTM||1.03%|
|Return on equity TTM||-4.95%|
|Market capitalisation||US$114.5 billion|
TTM: trailing 12 months
Shorting Raytheon Technologies Corporation shares
There are currently 13.5 million Raytheon Technologies Corporation shares held short by investors – that’s known as Raytheon Technologies Corporation’s “short interest”. This figure is 12.7% down from 15.5 million last month.
There are a few different ways that this level of interest in shorting Raytheon Technologies Corporation shares can be evaluated.
Raytheon Technologies Corporation’s “short interest ratio” (SIR)
Raytheon Technologies Corporation’s “short interest ratio” (SIR) is the quantity of Raytheon Technologies Corporation shares currently shorted divided by the average quantity of Raytheon Technologies Corporation shares traded daily (recently around 8.1 million). Raytheon Technologies Corporation’s SIR currently stands at 1.66. In other words for every 100,000 Raytheon Technologies Corporation shares traded daily on the market, roughly 1660 shares are currently held short.
However Raytheon Technologies Corporation’s short interest can also be evaluated against the total number of Raytheon Technologies Corporation shares, or, against the total number of tradable Raytheon Technologies Corporation shares (the shares that aren’t held by “insiders” or major long-term shareholders – also known as the “float”). In this case Raytheon Technologies Corporation’s short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Raytheon Technologies Corporation shares in existence, roughly 10 shares are currently held short) or 0.0095% of the tradable shares (for every 100,000 tradable Raytheon Technologies Corporation shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Raytheon Technologies Corporation.
Find out more about how you can short Raytheon Technologies Corporation stock.
Raytheon Technologies Corporation’s environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Raytheon Technologies Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Raytheon Technologies Corporation’s total ESG risk score
Total ESG risk: 30.67
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Raytheon Technologies Corporation’s overall score of 30.67 (as at 12/31/2018) is nothing to write home about – landing it in it in the 56th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Raytheon Technologies Corporation is exposed to within the areas of “environmental” (carbon footprint, resource use etc.), “social” (health and safety, human rights etc.), and “governance” (anti-corruption, tax transparency etc.).
Raytheon Technologies Corporation’s environmental score
Environmental score: 8.49/100
Raytheon Technologies Corporation’s environmental score of 8.49 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Raytheon Technologies Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Raytheon Technologies Corporation’s social score
Social score: 13.59/100
Raytheon Technologies Corporation’s social score of 13.59 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Raytheon Technologies Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Raytheon Technologies Corporation’s governance score
Governance score: 12.6/100
Raytheon Technologies Corporation’s governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Raytheon Technologies Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Raytheon Technologies Corporation’s controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Raytheon Technologies Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Raytheon Technologies Corporation has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||30.67|
|Total ESG percentile||56.36|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||2|
Raytheon Technologies Corporation share dividends
Dividend payout ratio: 54.29% of net profits
Recently Raytheon Technologies Corporation has paid out, on average, around 54.29% of net profits as dividends. That has enabled analysts to estimate a “forward annual dividend yield” of 2.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Raytheon Technologies Corporation shareholders could enjoy a 2.53% return on their shares, in the form of dividend payments. In Raytheon Technologies Corporation’s case, that would currently equate to about $1.9 per share.
Raytheon Technologies Corporation’s payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Raytheon Technologies Corporation’s most recent dividend payout was on 24 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 24 February 2021 (the “ex-dividend date”).
Have Raytheon Technologies Corporation’s shares ever split?
Raytheon Technologies Corporation’s shares were split on a 15890:1000 basis on 2 April 2020. So if you had owned 1000 shares the day before before the split, the next day you’d have owned 15890 shares. This wouldn’t directly have changed the overall worth of your Raytheon Technologies Corporation shares – just the quantity. However, indirectly, the new 93.7% lower share price could have impacted the market appetite for Raytheon Technologies Corporation shares which in turn could have impacted Raytheon Technologies Corporation’s share price.
Raytheon Technologies Corporation share price volatility
Over the last 12 months, Raytheon Technologies Corporation’s shares have ranged in value from as little as US$46.6583 up to US$80.06. A popular way to gauge a stock’s volatility is its “beta”.
Beta is a measure of a share’s volatility in relation to the market. The market (NYSE average) beta is 1, while Raytheon Technologies Corporation’s is 1.0282. This would suggest that Raytheon Technologies Corporation’s shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Raytheon Technologies Corporation overview
Raytheon Technologies Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for aircraft manufacturers and airlines, as well as regional, business, and general aviation; and for defense and commercial space operations. This segment also designs, produces, and supports cabin interior, communications and aviation systems, oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; airborne intelligence, surveillance and reconnaissance systems, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and information management services. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon Intelligence & Space segment develops and provides integrated sensor and communication systems for missions, training, and cyber and software solutions to intelligence, defense, federal, and commercial customers. The Raytheon Missiles & Defense segment designs, develops, produces, and sustains integrated air and missile defense systems; defensive and combat solutions; land- and sea-based radars; command, control, communications, and intelligence solutions; and naval and undersea sensor solutions for the U.S. and foreign government customers. The company is headquartered in Waltham, Massachusetts.