Raytheon Technologies Stock
Raytheon Technologies Corporation (RTX) is an American multinational aerospace and defense industrial conglomerate with its headquarters in Arlington, Virginia. It provides end-to-end solutions for detecting, tracking, and engaging threats. Raytheon’s stock has a low volatility level and pays a dividend.
Raytheon Technologies Corp. is a diversified aerospace and defense industrial company
Raytheon Technologies is a diversified aerospace and defense industrial corporation. Its main business is defense and its defense business is strong. The company has won several large contracts in the first half of 2018, including a $10 billion deal with the United States Air Force for the Long-Range Standoff Weapon and a $2.3 billion contract with the Saudi Arabian government for the Patriot Missile. This increased its backlog in the defense business to a record $73.1 billion.
It offers end-to-end solutions to detect, track, and engage threats
Raytheon Technologies provides end-to-end solutions for the defense industry, including air and missile defense systems, precision weapons, and radars. The company also provides end-to-end solutions for cyber security. The company produces systems for monitoring, detecting, tracking, and engaging threats.
It pays a dividend
Raytheon Technologies pays a dividend to its stockholders every quarter. The company’s board of directors approved a payout of 55 cents per share on Sept. 8, which will be paid to stockholders of record on Aug. 19. After the merger with United Technologies Corporation, Raytheon expects to return $20 billion in cash to its shareholders over the next four years. The company recently announced plans to relocate its headquarters from Maryland to Arlington, Virginia. The company is also a sponsor of the Hypersonics Forum, which is a conference about advanced technologies for space exploration.
It is a low volatility stock
When it comes to volatility, Raytheon Technologies stock is a low volatility stock, which means that it is a defensive stock with stable earnings and dividends. Its stock performance has been relatively steady this year, but it has been impacted by the Russia-Ukraine crisis. However, this company has proven its resilience in the past, and it should continue to do so through the 2022 Russia-Ukraine crisis.
It has a price-earnings ratio of 62.4
Raytheon Technologies Corp. (RTX) is a company with a market capitalization of $130.9 billion. The company has grown its share price by over 50% over the past year and is forecast to grow 20.2% by the end of 2021. The company’s current price-earnings ratio stands at 62.4, with trailing 12-month revenue of $62.3 billion and a profit margin of 3.5%. Analysts expect the company to earn $4.072 per share this year. The company currently yields a 2.3% dividend.
It has a quality score of 62
Raytheon Technologies Corp.’s quality score reflects the stock’s overall quality. Higher quality stocks have higher upside potential and reduced downside risks. Historically, stocks with high quality scores outperformed those with lower grades. A quality score is based on several factors, including growth rate.