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RTX (RTX) Registers a Bigger Fall Than the Market: Important Facts to Note
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RTX (RTX - Free Report) closed at $180.26 in the latest trading session, marking a -1.65% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
The stock of an aerospace and defense company has fallen by 7.81% in the past month, leading the Aerospace sector's loss of 8.35% and undershooting the S&P 500's gain of 1.4%.
The investment community will be paying close attention to the earnings performance of RTX in its upcoming release. The company is slated to reveal its earnings on October 20, 2026. In that report, analysts expect RTX to post earnings of $1.75 per share. This would mark year-over-year growth of 2.94%. Simultaneously, our latest consensus estimate expects the revenue to be $23.84 billion, showing a 6.06% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.22 per share and revenue of $96.06 billion, indicating changes of +14.79% and +8.41%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for RTX. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, RTX holds a Zacks Rank of #3 (Hold).
In the context of valuation, RTX is at present trading with a Forward P/E ratio of 25.4. This expresses a premium compared to the average Forward P/E of 21.54 of its industry.
Meanwhile, RTX's PEG ratio is currently 2.36. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Aerospace - Defense industry had an average PEG ratio of 1.66.
The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Image: Bigstock
RTX (RTX) Registers a Bigger Fall Than the Market: Important Facts to Note
RTX (RTX - Free Report) closed at $180.26 in the latest trading session, marking a -1.65% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.66%, while the tech-heavy Nasdaq depreciated by 0.22%.
The stock of an aerospace and defense company has fallen by 7.81% in the past month, leading the Aerospace sector's loss of 8.35% and undershooting the S&P 500's gain of 1.4%.
The investment community will be paying close attention to the earnings performance of RTX in its upcoming release. The company is slated to reveal its earnings on October 20, 2026. In that report, analysts expect RTX to post earnings of $1.75 per share. This would mark year-over-year growth of 2.94%. Simultaneously, our latest consensus estimate expects the revenue to be $23.84 billion, showing a 6.06% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.22 per share and revenue of $96.06 billion, indicating changes of +14.79% and +8.41%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for RTX. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, RTX holds a Zacks Rank of #3 (Hold).
In the context of valuation, RTX is at present trading with a Forward P/E ratio of 25.4. This expresses a premium compared to the average Forward P/E of 21.54 of its industry.
Meanwhile, RTX's PEG ratio is currently 2.36. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Aerospace - Defense industry had an average PEG ratio of 1.66.
The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.