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 highest price target was 192, implying a possible profit of 13.7 percent. The most pessimistic analyst gave a price target of 165, implying a possible loss of -2.29 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.07 percent, as compared to a month ago. 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. 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.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

In the last 52-weeks, RTN has achieved a high of 170.68 and a low of 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 will post this quarters earnings in days, on 0000-00-00.