Institutional Holdings and Trade Data for Raytheon Company (RTN)

In the past 52-week period, shares of Raytheon Company (NYSE:RTN) have moved within the range of $141.28 to $192.41. On the stock’s most recent trading day, the company’s shares ended the regular session at $187.31, which is 2.65% lower than its 52-week high.

Raytheon Company (RTN) has demonstrated a 20-day simple moving average (SMA) of -0.09%, and a 50-day SMA of 0.62%. This public company’s current market capitalization stands at $54.45 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Raytheon Company (RTN) is Outperform.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Raytheon Company (RTN) delivered a 0.72% surprise with its net revenue. Sales reached $6.28 billion during the three-month period, compared to the average analyst estimate of $6.33 billion.

Meanwhile, during the same quarter Raytheon Company (RTN) delivered a 3.37% earnings surprise. Net earnings for the quarter were posted at $1.97 per share, whereas Wall Street had forecast $1.91 per share.

Ownership at Raytheon Company (RTN), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Raytheon Company (RTN) has 0 billion shares outstanding currently, 75.29% of which belong to institutional investors. Those institutional holdings amount to $40.77 billion.

Additionally, according to the most recent 13F filing from Raytheon Company (RTN), there were 129 new positions totaling 4,674,706 shares of the company’s stock. There were 49 sold out positions, on the other hand, totaling 716,616 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Raytheon Company (RTN) has had a 20-day average volume of 1,330,985 shares, with an average of 40% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 1,369,502 shares, with an average of 75% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,343,001 shares with 67% of long-term indicators pointing to Buy.