NYSE:RTXAerospace & Defense
Is RTX (RTX) Pricing In Too Much Optimism After A 70% One Year Surge?
If you are wondering whether RTX is still reasonably priced after a strong run, this article will walk through what the current share price might be implying about future value.
RTX recently closed at US$201.92, with returns of 7.1% over 7 days, 14.0% over 30 days, 7.8% year to date, 69.8% over 1 year, 129.0% over 3 years and 235.1% over 5 years. This naturally raises questions about how much optimism is already reflected in the stock.
Recent headlines around RTX have focused on the company...