Market Update: Raytheon Co (NYSE:RTN) – Raytheon, Boys & Girls Clubs of America inspire more girls to study engineering

[PR Newswire] – With that imbalance in mind, Raytheon (RTN) has teamed up with Boys & Girls Clubs of America to introduce more girls to the field of engineering and the career options it offers. During Engineers Week, Feb. 21-27, Raytheon, a sponsor of DiscoverE ‘Girl Day,’ will host events for hundreds of girls at Boys & Girls Clubs in Alabama, California, Colorado, Florida, Indiana, Maryland, Massachusetts, New Mexico, Rhode Island, Texas and Virginia. Engineers will visit the clubs and lead hands-on learning activities that demonstrate engineering concepts, such as building basic electrical circuits and designing the strongest skyscrapers. Read more on this. Raytheon Company (RTN) , currently valued at $36.28B, started trading this morning at $121.50. Today, shares have traded between $120.86 and $122.11 per share with a one year range of $95.32 to $129.99. Priced at 17.16x this year’s forecasted earnings, RTN shares are relatively inexpensive compared to the industry ’s 40.18x forward p/e ratio. The company pays shareholders $2.68 per share annually in dividends, yielding 2.23%. According to a consensus of 18 analysts, the earnings estimate of $1.39 per share would be $0.40 worse than the year-ago quarter and a $0.20 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $7.04 is a $0.28 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $5.45 Billion. If reported, that would be a 3.02% increase over the year-ago quarter. In terms of ratings, Argus upgraded RTN from Hold to Buy (Nov 12, 2015). Previously, JP Morgan upgraded RTN from Neutral to Overweight. When considering if the stock is under or overvalued, the average price target is $140.13, which is 15.33% above where the stock opened this morning. See more in (NYSE:RTN) Similar Articles: Market Update: Raytheon Co (NYSE:RTN) – Raytheon to complete modernization of air traffic control system throughout the National Air Space Market Update: Raytheon Co (NYSE:RTN) – Raytheon partners with Totara Learning to offer flexible, innovative learning management technology and services Market Update: Raytheon Co (NYSE:RTN) – Arizona Technology Council honors Raytheon Missile Systems with 2015 Pioneering Award
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