Stock To Watch: Raytheon Company (NYSE:RTN)


The leading market experts have placed a mean price target of $153.38 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 $1.95 a share for the upcoming quarter and $7.41 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 $139.66, and stock is trading $1.74 points away or +1.24% from its 50-day moving average of $139.66. Further it is trading $10.30 or +7.86% away its 200-day moving average of $131.10. Raytheon Company (NYSE:RTN) 52-week high is $143.39 and the 52-week low is $99.60.

This explains if the stock moves $-1.99, it will post a 52-week high. In event of +41.97% 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 19.76.

The stock last ended the trading session at $141.40 and registered a market cap of $41.73B. 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 1.86.

1 Chart Pattern Every Investor Should Know

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