Raytheon Company Common Stock (NYSE:RTN):
Raytheon wins two Brandon Hall Excellence in Learning Awards for virtual reality training systems.
In the market the company is trading unchanged by 0.00% since yesterday’s close of $139.11.
The company recently announced a dividend which was paid on Thursday August 4th, 2016. The dividend was $0.733 per share for the quarter or $2.93 on an annualized basis. This dividend amount represented a yeild of $2.11. The ex-dividend date was set for Friday the 1st of July 2016.
It is currently trading at $139.11 barely below the 50 day moving average which is $139.94 and slightly over the 200 day moving average of $133.52. The 50 day moving average moved down $-0.83 and the 200 day average was up $5.59.
Raytheon Company Common Stock’s P/E ratio is 19.44 and the market value is 41.05B. In the last earnings report the EPS was $7.16 and is projected to be $7.41 for the current year with 295,095,000 shares currently outstanding. Next quarter’s EPS is forecasted at $1.95 with next year’s EPS anticipated to be $7.72.
A few brokerages have released opinions on Raytheon Company Common Stock recently. On September 6 Citigroup held the stock rating at “Buy” and raised the price target from $124.00 to $170.00. May 2 investment analysts at Bernstein maintained a stock rating of “Neutral” and lowered the price expectation to $131.00 from $132.00.
Guggenheim Securities initiated coverage on RTN with an initial rating of “Buy”. January 29 investment analysts at Credit Suisse kept the company rating at “Outperform” but raised the price expectation to $138.00 from $122.18.
On December 21 Deutsche Bank kept the stock rating at “Hold” and moved up the price target from $125.00 to $135.00. On November 30, 2015 Barclays made no change to the price objective of $125.00 but cut the company from Overweight to Equal-weight.