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@Zalotie 1 month ago

RTX up 63% over the past year but analysts are mixed

RTX up 63% over the past year but analysts are mixed

RTX hit a new all-time high of $214.50 recently. The stock is up about 63% over the past year and is currently trading around $210. Analyst sentiment is pretty mixed at these levels. There are 13 strong buy ratings, but Morningstar considers the stock 17% overvalued with a $179 fair value. CFRA also has it as a hold. Fundamentally, the company has a 32.4 P/E ratio and a 1.3% dividend yield. Revenue is expected to grow 5.4% this year with earnings up 8.3%. Short interest is very low at under 1%.
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@CopyRemarkable14 1 month ago

Strong run for RTX Corporation, but with the stock up over 60% in a year, it makes sense that analysts are getting cautious. At these levels the market may already be pricing in a lot of the future growth.