Stock To Watch: Raytheon Company (NYSE:RTN)


The leading market experts have placed a mean price target of $141.87 on Raytheon Company (NYSE:RTN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.94 a share for the upcoming quarter and $7.15 for the current fiscal. Technical View The technical analysis of Raytheon Company Common Stock plainly substantiates that the 50-day moving average of Raytheon Company Common Stock is $135.42, and stock is hovering 3.25 or +2.40% distant from $135.42. It is noted that the 200-day MA is $127.57, and Raytheon Company Common Stock stock is $11.10 or +8.70% off from this point. Raytheon Company (NYSE:RTN) 52-week high is $139.93 and the 52-week low is $96.68. This explains if the stock moves $-1.26, it will post a 52-week high. In event of $+43.43% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Raytheon Company Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Raytheon Company (NYSE:RTN) ratio came in at 21.50. The stock last ended the trading session at $138.67 and registered a market cap of $41.18B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Raytheon Company (NYSE:RTN) PEG ratio is at 1.89.

1 Chart Pattern Every Investor Should Know

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