Raytheon Technologies Corporation (RTX) – Q2FY23 witnesses largest number of orders

Raytheon Technologies Corporation (RTX) (Q2FY23)

Introduction

Raytheon Technologies Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense.

The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for aircraft manufacturers and airlines, as well as regional, business, and general aviation; and for defense and commercial space operations. This segment also designs, produces, and supports cabin interior, oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; airborne intelligence, surveillance and reconnaissance systems, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and asset management services.

The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units.

The Raytheon Intelligence & Space segment develops and provides integrated space, communication, and sensor systems, and cyber and software solutions to intelligence, defense, federal, and commercial customers.

The Raytheon Missiles & Defense segment provides end-to-end solutions for U.S. and foreign government customers designed to detect, track, and engage threats.

Highlights

Q2FY23 was a strong quarter for RTX on the order front. On the commercial aerospace side, industrywide, RTX saw 1,200 new orders announced around the Paris Air Show.

Stock performance

Over the past 3 years, the stock generated returns of 40% where the stock price surged from $61.23 in Aug 07, 2020 to $85.47 in Aug 07, 2023. The stock had a 200-Day Moving
Average of $97.04 and a 50-Day Moving Average of $94.73.

In the past 1 year, the stock’s returns declined by -10% where the stock price decreased from $95.01 in Aug 12 , 2022 to $85.47 in Aug 07, 2023. The stock had a 52 Week High of $104.91 and a 52 Week Low of $80.27.

Over the past 3 months, Raytheon Technologies stock delivered returns of -11% where the stock price decreased from $96.27 in May 09, 2023 to $85.47 in Aug 07, 2023.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages; 36

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