Raytheon Technologies Stock Fair Value Calculator – RAYTHEON TECHNOLOGIES Reports Record Fourth Quarter Results
January 27, 2023
Earnings report
Raytheon Technologies Stock Fair Value Calculator – RAYTHEON TECHNOLOGIES ($NYSE:RTX) (RTX) is a publicly traded aerospace and defense company headquartered in Waltham, Massachusetts. On January 24 2023, RTX reported its fourth quarter earning results for the fiscal year ending December 31 2022. The company reported a record high of USD 1.4 billion in total revenue and USD 18.1 billion in net income for the fourth quarter, an increase of 105.8% and 6.2% year over year, respectively. The impressive performance of RTX in the fourth quarter was primarily driven by a strong demand for its products and services in the defense sector.
In terms of outlook, RTX stated that it expects its total revenues to remain robust in the near term, driven by strong demand for its products and services in both the defense and commercial sectors. The company also noted that it is continuing to invest in research and development to ensure that its products and services remain competitive in the market. Overall, RTX’s record fourth quarter results demonstrate the company’s continued success in delivering value to its customers, shareholders, and employees. With a strong outlook for the future, RTX is well-positioned to continue its impressive performance in the coming quarters.
Market Price
The company’s stock opened at $108.8 and closed at $99.5, up by 3.3% from its last closing price of 96.2. The strong performance in the fourth quarter was mainly attributed to strong organic growth in the aerospace and defense businesses, driven by positive customer demand, as well as higher sales of commercial aviation products and services.
Additionally, the company’s strong operational execution helped to offset some of the negative impacts of the pandemic on their business. The company also reported an increase in their operating cash flow of more than USD 4 billion in the fourth quarter, compared to the same period last year, which was driven by strong working capital management and improved receivable collections. Furthermore, the company announced plans to repurchase shares of common stock worth up to USD 2 billion over the next 12 months. Overall, RAYTHEON TECHNOLOGIES reported strong fourth quarter results that exceeded analyst expectations, driven primarily by strong revenue growth and strong operational execution. The company is well-positioned for future growth and is well-capitalized to fund its growth initiatives. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Raytheon Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 67.07k | 5.2k | 7.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Raytheon Technologies. More…
| Operations | Investing | Financing |
| 7.17k | -2.83k | -5.86k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Raytheon Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 158.86k | 84.65k | 47.74 |
Key Ratios Snapshot
Some of the financial key ratios for Raytheon Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -4.5% | -15.5% | 10.9% |
| FCF Margin | ROE | ROA |
| 6.5% | 6.4% | 2.9% |
VI Analysis – Raytheon Technologies Stock Fair Value Calculator
RAYTHEON TECHNOLOGIES is a company whose fundamentals reflect its long-term potential for growth. The VI app makes analyzing the company’s performance simple and efficient. According to VI Line, the fair value of a RAYTHEON TECHNOLOGIES share is around $78.7. However, the stock is currently trading at $99.5, which is 26% overvalued. This means that investors should be cautious when investing in the company at the current price and should consider if they can wait until the stock drops to its fair value before buying. Investors should also consider that there are a number of risks associated with investing in RAYTHEON TECHNOLOGIES. These include economic conditions, competitive risks, political risks, technology risks and financial risks. Additionally, investors should be aware that the company is exposed to currency fluctuations, as well as changes in interest rates, commodity prices and other factors. Overall, RAYTHEON TECHNOLOGIES is an interesting company to consider for potential investments. The company has strong fundamentals and its current stock price appears to be overvalued. Investors should do more research in order to thoroughly understand the risks associated with investing in RAYTHEON TECHNOLOGIES before making any decisions. More…
VI Peers
Raytheon Technologies Corp is a company that specializes in the aerospace and defense industry. They are one of the largest suppliers of military equipment and services in the United States. Lockheed Martin Corp, General Dynamics Corp, Northrop Grumman Corp are all companies that compete with Raytheon Technologies Corp in the same industry.
– Lockheed Martin Corp ($NYSE:LMT)
Lockheed Martin Corp is an American aerospace, defense, arms, and technology company headquartered in Bethesda, Maryland, with over 135,000 employees worldwide. The company’s market cap as of 2022 is 115.3 billion dollars, and its return on equity is 40.32%. Lockheed Martin is primarily engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. The company’s main products and services include aircraft, missiles, weapons systems, and spacecraft.
– General Dynamics Corp ($NYSE:GD)
General Dynamics Corporation is an American aerospace and defense company. It was founded in 1952 by merger of Electric Boat Company and Convair. It is the world’s fifth-largest defense contractor by sales. Its headquarters are in Reston, Virginia.
The company has a market cap of $65.65B as of 2022 and a Return on Equity of 15.16%. It is a leading manufacturer of military aircraft, weapons systems, and other defense-related products. The company also provides information technology and training services to commercial and government customers.
– Northrop Grumman Corp ($NYSE:NOC)
Northrop Grumman Corporation is an American aerospace and defense technology company. It was founded in 1939 as Northrop Aircraft Company and has since expanded its operations to include defense, electronics, information technology, and shipbuilding. Northrop Grumman is the fifth-largest defense contractor in the world, with over 100,000 employees worldwide. The company’s products include aircraft, satellites, missiles, and other defense and aerospace systems. Northrop Grumman has a market capitalization of $79.04 billion as of 2022 and a return on equity of 34.54%. The company’s main competitors include Lockheed Martin, Boeing, and Raytheon.
Summary
RAYTHEON TECHNOLOGIES is an aerospace and defense company that reported its FY2022 Q4 earnings on January 24 2023. The company achieved a total revenue of USD 1.4 billion and a net income of USD 18.1 billion, representing a year-over-year increase of 105.8% and 6.2%, respectively. This strong performance was reflected in the stock price, which moved up the same day. Investing in RAYTHEON TECHNOLOGIES is an attractive option due to its strong financial performance. The company has consistently delivered strong revenue and earnings growth, while also maintaining strong cash flows.
Additionally, the company is well-positioned to capitalize on the current growth in the aerospace and defense sector. Overall, RAYTHEON TECHNOLOGIES is an attractive investment option, given its strong financial performance and promising prospects in the aerospace and defense sector. Investors are likely to benefit from the company’s long-term growth potential, supported by its solid balance sheet and healthy cash flow.
