|Bid||83.42 x 800|
|Ask||85.00 x 1000|
|Day's Range||83.53 - 84.90|
|52 Week Range||51.13 - 84.90|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul. 26, 2021 - Jul. 30, 2021|
|Forward Dividend & Yield||2.04 (2.41%)|
|Ex-Dividend Date||May 20, 2021|
|1y Target Est||93.76|
With Raytheon Technologies (NYSE: RTX) having released its first-quarter earnings report, it's become clear the recovery in the commercial aerospace market has been a bit slower than many anticipated going into the quarter. Recovery is coming, and it's a case of "when, not if" commercial air travel comes back. In this context, Raytheon's recent earnings help highlight why the stock is an excellent buy for long-term investors.
Major defense stock indices ended in the green in the trailing five trading sessions
Earnings from these industrial giants say something about the sustainability of the economic recovery.