After Today's Significant Increase, Is Raytheon Company (RTN)'s Near-Term Analysis Positive?

Lloyd Doyle
December 7, 2017

PFE's SI was 51.41M shares in December as released by FINRA. Its down 42.02% from 11,900 shares previously.

Among 7 analysts covering Collegium Pharmaceutical Inc (NASDAQ:COLL), 7 have Buy rating, 0 Sell and 0 Hold.

Shares of Raytheon Company (NYSE:RTN) traded down $1.69 during mid-day trading on Wednesday, hitting $183.85. It is down 0.00% since December 6, 2016 and is. It has underperformed by 19.46% the S&P500. Sandler Capital Management sold 25,256 shares as Raytheon Co (Call) (RTN)'s stock rose 4.85%. Becker Capital Management Inc. now owns 284,018 shares of the aerospace company's stock worth $38,663,000 after buying an additional 1,897 shares in the last quarter.

Raytheon announced that its board has authorized a share repurchase program on Wednesday, November 15th that authorizes the company to buyback $2.00 billion in outstanding shares. The stock appeared $67.12 above its 52-week highs and is down -4.76% for the last five trades. It has outperformed by 0.96% the S&P500.

Bearing it in mind, the company saw a yearly performance of 23.33% for 2017 and its weekly volatility showed 1.92%. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.66 and a quick ratio of 1.55. It turned negative, as 43 investors sold Raytheon Company shares while 348 reduced holdings. River Wealth Advisors LLC raised its position in shares of Raytheon by 6.5% in the first quarter. Morgan Stanley initiated coverage on shares of Raytheon in a report on Tuesday, August 8th. Fifth Third National Bank & Trust invested in 72,966 shares. Argent reported 3,536 shares. Parametric Portfolio Associates Limited has 945,885 shares for 0.19% of their portfolio. Windward Mgmt Ca reported 1,495 shares. The count of Hold ratings in that period was 0. Price T Rowe Assoc Md invested in 0.04% or 1.39M shares. Moreover, Profund Ltd Liability Corporation has 0.05% invested in Raytheon Company (NYSE:RTN) for 7,131 shares. Charter Co reported 0.13% of its portfolio in Raytheon Company (NYSE:RTN). The Netherlands-based Ing Groep Nv has invested 0.05% in Raytheon Company (NYSE:RTN). State Of Tennessee Treasury Department accumulated 0.23% or 293,058 shares. Assetmark Inc invested 0% of its portfolio in Raytheon Company (NYSE:RTN). 205.39 was the targeted price for Raytheon Company having a 1295939 volume of shares. Centers Of America holds 0.03% or 2,078 shares in its portfolio.

Analysts await Raytheon Company (NYSE:RTN) to report earnings on January, 25. Therefore 85% are positive. During the same period in the prior year, the company posted $1.79 EPS. sell-side analysts anticipate that Raytheon Company will post 7.61 EPS for the current fiscal year. Finally, BidaskClub raised Raytheon from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 12th. Deutsche Bank maintained Raytheon Company (NYSE:RTN) rating on Friday, October 28. The stock of Raytheon Company (NYSE:RTN) has "Outperform" rating given on Friday, October 27 by Wells Fargo. The fund owned 2,716,704 shares of the aerospace company's stock after buying an additional 56,466 shares during the period. The stock of Raytheon Company (NYSE:RTN) earned "Overweight" rating by JP Morgan on Monday, October 30. The company was maintained on Thursday, October 19 by Cowen & Co. RBC Capital Markets maintained the shares of RTN in report on Thursday, July 27 with "Buy" rating. RBC Capital Markets maintained it with "Top Pick" rating and $148 target in Friday, April 29 report. Credit Suisse maintained the stock with "Hold" rating in Monday, October 23 report. RBC Capital Markets has "Top Pick" rating and $132 target. After $1.97 actual earnings per share reported by Raytheon Company for the previous quarter, Wall Street now forecasts 3.05% EPS growth. The company's stock had a trading volume of 1,295,900 shares, compared to its average volume of 1,473,537. LSCC's profit will be $1.23 million for 143.00 P/E if the $0.01 EPS becomes a reality.

Investors sentiment decreased to 0.94 in Q2 2017.

Among 21 analysts covering Honeywell International Inc. 112 funds opened positions while 612 raised stakes. (NYSE:PFE) for 26,326 shares. Marshwinds Advisory holds 892 shares. (NYSE:PFE). Schwab Charles Invest Mngmt holds 1.05% in Pfizer Inc. (NYSE:PFE). Cim Inv Mangement stated it has 0.66% in Pfizer Inc. Williams Jones & Assoc Limited Liability Corp holds 203,585 shares. OxFORD Asset Management LLP grew its position in shares of Raytheon by 238.8% during the 2nd quarter. American invested 0% of its portfolio in Allergan plc (NYSE:AGN). (NYSE:PFE). Livforsakringsbolaget Skandia Omsesidigt holds 1.29% or 419,427 shares. Eagle Ridge Investment Mngmt reported 58,712 shares stake. The Company develops integrated products, services and solutions in various markets, including sensing; effects; command, control, communications, computers, cyber and intelligence; mission support, and cybersecurity. The firm has a market cap of $53,637.20, a P/E ratio of 24.54, a P/E/G ratio of 2.52 and a beta of 0.58. It operates through two divisions, Pfizer Innovative Health and Pfizer Essential Health (EH). It offers Xtampza, an oral formulation of oxycodone, for the management of pain.

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