Professional
Added to YB: 2024-03-11
Pitch date: 2023-12-31
RTX [bullish]
RTX Corporation
+121.61%
current return
Author Info
No bio for this author
Company Info
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally.
Market Cap
$183.6B
Pitch Price
$80.62
Price Target
115.00 (-36%)
Dividend
1.98%
EV/EBITDA
16.19
P/E
40.27
EV/Sales
2.73
Sector
Aerospace and Defense
Category
value
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.
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