Stock price performance of Raytheon Company is analyzed for various periods using several stock trading signals. The stock price have dropped -0.92% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.08% . Looking at the past 52 week period, the stock price is up at 15.98% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Raytheon Company has a positive value of 15.8 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy.
Raytheon Company is having a Relative Strength Index of 52.75 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Raytheon Company (NYSE:RTN) rallied by 0.69% during the past week but lost 0.9% on a 4-week basis. The company has outperformed the S&P 500 by 0.57% in the past week but underperformed the index by 1.78% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Frank R Jimenez (VP, General Counsel, Secretary) sold 500 shares at 142.00 per share price.On Sep 8, 2016, Taylor W Lawrence (Vice President) sold 3,330 shares at 140.62 per share price.On Aug 4, 2016, Vernon E Clark (director) sold 2,540 shares at 141.01 per share price.
Raytheon Company Last issued its quarterly earnings results on Jan 26, 2017. The company reported $1.62 EPS for the quarter, missing the analyst consensus estimate by $ -0.24. Analyst had a consensus of $1.86. The company had revenue of $6238.00 million for the quarter, compared to analysts expectations of $6568.59 million. The companys revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.93 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Raytheon Company was Initiated by RBC Capital Mkts on Jan 12, 2017 to Outperform, Price Target of the shares are set at $180.
Raytheon Company (NYSE:RTN) : On Friday heightened volatility was witnessed in Raytheon Company (NYSE:RTN) which led to swings in the share price. The stock opened for trading at $146.59 and hit $147.92 on the upside , eventually ending the session at $146.89, with a gain of 0.89% or 1.3 points. The heightened volatility saw the trading volume jump to 1,761,248 shares. The 52-week high of the share price is $152.5797 and the company has a market cap of $43,134 million. The 52-week low of the share price is at $119.38 .
Raytheon Company is a global technology company. The company provides products and services in the areas of defense and commercial electronics, engineering and construction, and business and special mission aircraft. Raytheon has operations throughout the United States and serves customers in numerous countries around the world.