RTX Stock Summary and Trading Ideas (RTX | NYSE:RTX)

RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market across three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

RTX trades on the NYSE stock market under the symbol RTX.

As of February 6, 2025, RTX stock price declined to $128.78 with 3,011,223 million shares trading.

RTX has a beta of 0.36, meaning it tends to be less sensitive to market movements. RTX has a correlation of 0.05 to the broad based SPY ETF.

RTX has a market cap of $171.41 billion. This is considered a Large Cap stock.

Last quarter RTX reported $22 billion in Revenue and $1.54 earnings per share. This beat revenue expectation by $1 billion and exceeded earnings estimates by $.16.

In the last 3 years, RTX traded as high as $132.43 and as low as $68.56.

The top ETF exchange traded funds that RTX belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

RTX has outperformed the market in the last year with a price return of +42.2% while the SPY ETF gained +24.2%. RTX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +6.4% and +2.0%, respectively, while the SPY returned +2.9% and -0.6%, respectively.

RTX support price is $127.46 and resistance is $130.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RTX shares will trade within this expected range on the day.