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 most optimistic price target was 192, implying potential capital gains of 13.7 percent. The minimum price target given was 165, which equates to a potential downside 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.37 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.07 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.95 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.

RTN has an estimated earnings growth rate of -4.14 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of RTN is -5.26.

RTN has a 52-week high of 170.68 and a 52-week low of 132.89. Today's price is 27.08 percent above the 52-week 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 stock has a market capitalization of $49.36 billion. RTN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.