RTX Corp (NYSE: RTX): Can The Stock Still Lose Despite An 21.09% YTD Gain?

RTX Corp (NYSE:RTX)’s traded shares stood at 1.51 million during the latest session, with the company’s beta value hitting 0.91. At the last check today, the stock’s price was $101.88, to imply an increase of 1.16% or $1.17 in intraday trading. The RTX share’s 52-week high remains $104.91, putting it -2.97% down since that peak but still an impressive 32.71% since price per share fell to its 52-week low of $68.56. The company has a valuation of $135.47B, with an average of 8.42 million shares over the past 3 months.

RTX Corp (NYSE:RTX) trade information

After registering a 1.16% upside in the latest session, RTX Corp (RTX) has traded red over the past five days. The stock hit a weekly high of 102.26, jumping 1.16% in its intraday price action. The 5-day price performance for the stock is 1.78%, and 7.41% over 30 days. With these gigs, the year-to-date price performance is 21.09%.

RTX Corp (RTX) estimates and forecasts

Looking at statistics comparing RTX Corp share performance against respective industry, we note that the company has underperformed competitors. RTX Corp (RTX) shares are 37.23% up over the last 6 months, with its year-to-date growth rate lower than industry average at 6.52% against 14.20%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -19.30% for the past 5-year period. While 2024 is set for a 6.77% return in earnings, projections for the next 5 years are at 11.29% annually.

RTX Dividends

RTX Corp has its next earnings report out on April 23. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. RTX Corp has a forward dividend ratio of 2.36, with the share yield ticking at 2.32% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.