Professional
Added to YB: 2024-03-11
Pitch date: 2023-12-31
RTX [bullish]
RTX Corporation
+146.93%
current return
Author Info
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Company Info
RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide.
Market Cap
$259.6B
Pitch Price
$80.35
Price Target
115.00 (-42%)
Dividend
1.41%
EV/EBITDA
19.31
P/E
38.89
EV/Sales
3.32
Sector
Aerospace and Defense
Category
value
Show full summary:
The Olstein Funds Portfolio Holding: RTX Corporation
RTX: Engine issue with Pratt & Whitney led to a 10% July drop, September update showed a $3B charge, sparking another 8% fall. Market Cap down $37B vs. $3.5B cost. Overreaction may yield opportunity; intrinsic value drop only ~$2/share, not $26. Accumulated shares, see $115 value. Now trading above $92.
Read full article (3 min)