In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
RTX Corp (NYSE: RTX) closed the day trading at $121.86 down -0.76% from the previous closing price of $122.79. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 4.85 million shares were traded. RTX stock price reached its highest trading level at $122.8 during the session, while it also had its lowest trading level at $121.75.
Ratios:
For a better understanding of RTX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on October 03, 2024, Upgraded its rating to Hold and sets its target price to $129 from $109 previously.
On July 31, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $110 to $140.
Alembic Global Advisors Upgraded its Neutral to Overweight on July 30, 2024, while the target price for the stock was maintained at $134.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 31 ’24 when HAYES GREGORY sold 134,887 shares for $117.74 per share. The transaction valued at 15,880,937 led to the insider holds 566,723 shares of the business.
Mitchill Neil G. JR sold 4,322 shares of RTX for $498,908 on Jul 30 ’24. The EVP, Chief Financial Officer now owns 66,470 shares after completing the transaction at $115.43 per share. On Jul 31 ’24, another insider, Gregory Hayes, who serves as the Officer of the company, bought 134,887 shares for $117.74 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RTX now has a Market Capitalization of 163434987520 and an Enterprise Value of 201008660480. As of this moment, RTX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.80, and their Forward P/E ratio for the next fiscal year is 19.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 2.543 whereas that against EBITDA is 15.958.
Stock Price History:
Over the past 52 weeks, RTX has reached a high of $128.70, while it has fallen to a 52-week low of $77.76. The 50-Day Moving Average of the stock is -0.08%, while the 200-Day Moving Average is calculated to be 14.93%.
Shares Statistics:
Over the past 3-months, RTX traded about 5.19M shares per day on average, while over the past 10 days, RTX traded about 4608020 shares per day. A total of 1.33B shares are outstanding, with a floating share count of 1.33B. Insiders hold about 0.09% of the company’s shares, while institutions hold 82.72% stake in the company. Shares short for RTX as of 1728950400 were 12796184 with a Short Ratio of 2.47, compared to 1726185600 on 12578799. Therefore, it implies a Short% of Shares Outstanding of 12796184 and a Short% of Float of 0.9599999499999999.
Dividends & Splits
RTX’s forward annual dividend rate is 2.44, up from 2.44 a year ago. Against a Trailing Annual Dividend Yield of 0.019871326The stock’s 5-year Average Dividend Yield is 2.6.