Raytheon Technologies Poised for 5.48% Q1 Revenue Growth, Trades at 30.3 P/E Premium
Raytheon Technologies is set to report Q1 EPS of $1.51, up 2.72%, and revenue of $21.42 billion, a 5.48% increase year-over-year. Shares trade at a 30.33 forward P/E, above the industry’s 25.64 average, with a PEG ratio of 2.98 and a Zacks Rank #3.
1. Recent Stock Performance
Raytheon Technologies (RTX) closed at $208.82, gaining 1.11% on the session, outperforming the S&P 500’s 0.78% and the Dow’s 0.49% rises; the Nasdaq advanced 1.29%. Over the past month, shares rose 1.48%, lagging the Aerospace sector’s 3.66% gain but outpacing the S&P 500’s 1.33% loss.
2. Q1 and Full-Year Estimates
Analysts forecast Q1 EPS at $1.51, up 2.72% year-over-year, with revenue of $21.42 billion, a 5.48% increase. Full-year estimates stand at EPS of $6.81 (+8.27%) and revenue of $93.36 billion (+5.37%).
3. Valuation and Analyst Rank
Shares trade at a forward P/E of 30.33, a premium to the industry average of 25.64, with a PEG ratio of 2.98 versus 2.14 for peers. The company holds a Zacks Rank #3, reflecting recent modest upward revisions to earnings estimates.