Raytheon Company Common Stock (NYSE:RTN):
Raytheon chooses US site to manufacture Air Force jet trainer.
The company is trading up by 0.62 percent from yesterday’s close.
Additionally Raytheon Company Common Stock recently announced a dividend to be paid on Thursday November 10th, 2016. The dividend will be $0.733 per share for the quarter which comes to $2.93 on an annualized basis. The dividend yield will be $2.10. The ex-dividend date is Monday the 3rd of October 2016.
Company chares are trading at $137.19 marginally under the 50 day moving average of $137.64 and which is slightly above the 200 day moving average of $135.54. The 50 day moving average went down by -0.32% and the 200 day average went up $1.65 or +1.22%.
Raytheon Company Common Stock currently has a P/E ratio of 19.17 and market capitalization is 40.48B. In the last earnings report the EPS was $7.16 and is expected to be $7.42 for the current year with 295,095,000 shares outstanding. Analysts expect next quarter’s EPS will be $1.68 with next year’s EPS projected to be $7.69.
Several brokerage analysts have released ratings on Raytheon Company Common Stock recently. Vertical Research started coverage setting a rating of “Buy”. On October 6 analysts at Baird issued its first research report on the stock with an initial rating of “Outperform” and price target of $170.00.
September 6 investment analysts at Citigroup held the company rating at “Buy” and moved up the price target from $124.00 to $170.00. On May 2 Bernstein maintained a stock rating of “Neutral” and lowered the price target to $131.00 from $132.00.
Equity analyst Guggenheim Securities began coverage by announcing an initial rating of “Buy”. January 29 investment analysts at Credit Suisse made no change to the company rating of “Outperform” but moved up the price target to $138.00 from $122.18.