Analyst Ratings for Raytheon Co. (RTN)

Updated: 2017-07-26

Raytheon Co. (NYSE:RTN) was awarded an average rating of Overweight from investment analysts following the stock. RTN had previously received a consensus rating of Overweight a month ago.

Of the 21 analysts covering the stock, 14 gave it a buy rating, 3 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for RTN. The maximum price target given was 192, which equates to a potential upside of 13.7 percent. The most pessimistic analyst gave a price target of 165, implying a possible loss of -2.29 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.56 percent on average, compared to last month. That number becomes -4.37 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.07 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.95 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of RTN to grow at a rate of -4.14 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. RTN has a PEG ratio of -5.26.

In the trailing 52-weeks, RTN hit 170.68 at the highest peak, while it's lowest trading point was 132.89. Currently the stock is 27.08 percent higher than its low, and 1.06 percent below the high. RTN has a price/earnings ratio of 21.78. Investors typically compare the P/E ratio to a company's peers in the industry. The RTN value stock report compares RTN to some of its peers using value stock charts. The market cap of RTN is $49.36 billion. RTN's next earnings release will be on 0000-00-00, which is days away.