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.

Many analysts weighed in on 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.56 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -4.37 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.07 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.95 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. 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. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of RTN is -5.26.

RTN has traded between a high of 170.68 and a low of 132.89 over the past year. The current market price is above the trailing year's low by 27.08 percent, and 1.06 percent lower than its 52-week high. RTN has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.