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, implying a possible profit of 13.7 percent. The minimum price target given was 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.37 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.07 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.95 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 3 analysts that revised their FY estimates downwards.

The growth rate of RTN's earnings is estimated by analysts to be -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. Wall Street investors typically prefer a PEG ratio to be smaller than 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 a 52-week high of 170.68 and a 52-week low of 132.89. The current market price is above the trailing year's low by 27.08 percent, 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.