RTX (RTX) Competitors and Alternatives 2024 (2024)

RTX vs. BA, LMT, GD, NOC, TDG, LHX, HEI, TATT, SIF, and TDY

Should you be buying RTX stock or one of its competitors? The main competitors of RTX include Boeing (BA), Lockheed Martin (LMT), General Dynamics (GD), Northrop Grumman (NOC), TransDigm Group (TDG), L3Harris Technologies (LHX), HEICO (HEI), TAT Technologies (TATT), SIFCO Industries (SIF), and Teledyne Technologies (TDY). These companies are all part of the "aerospace" sector.

RTX vs.

Boeing (NYSE:BA) and RTX (NYSE:RTX) are both large-cap aerospace companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, community ranking, earnings, dividends, media sentiment, valuation, profitability and institutional ownership.

RTX has lower revenue, but higher earnings than Boeing. Boeing is trading at a lower price-to-earnings ratio than RTX, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Boeing$77.79B1.56-$2.22B-$3.68-53.94
RTX$68.92B1.75$3.20B$2.2440.57

Boeing has a beta of 1.52, meaning that its share price is 52% more volatile than the S&P 500. Comparatively, RTX has a beta of 0.87, meaning that its share price is 13% less volatile than the S&P 500.

61.3% of Boeing shares are held by institutional investors. Comparatively, 79.1% of RTX shares are held by institutional investors. 0.2% of Boeing shares are held by insiders. Comparatively, 0.1% of RTX shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Boeing had 36 more articles in the media than RTX. MarketBeat recorded 80 mentions for Boeing and 44 mentions for RTX. Boeing's average media sentiment score of 0.39 beat RTX's score of 0.14 indicating that RTX is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Boeing

25 Very Positive mention(s)

9 Positive mention(s)

21 Neutral mention(s)

19 Negative mention(s)

6 Very Negative mention(s)

Neutral
RTX

8 Very Positive mention(s)

2 Positive mention(s)

31 Neutral mention(s)

3 Negative mention(s)

0 Very Negative mention(s)

Neutral

RTX has a net margin of 4.64% compared to RTX's net margin of -2.86%. Boeing's return on equity of 10.34% beat RTX's return on equity.

Company Net Margins Return on Equity Return on Assets
Boeing-2.86% N/A -2.60%
RTX 4.64%10.34%4.48%

Boeing presently has a consensus target price of $252.63, indicating a potential upside of 27.27%. RTX has a consensus target price of $91.71, indicating a potential upside of 0.91%. Given RTX's stronger consensus rating and higher probable upside, research analysts plainly believe Boeing is more favorable than RTX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boeing

0 Sell rating(s)

6 Hold rating(s)

10 Buy rating(s)

0 Strong Buy rating(s)

2.63
RTX

2 Sell rating(s)

13 Hold rating(s)

3 Buy rating(s)

0 Strong Buy rating(s)

2.06

Boeing received 1894 more outperform votes than RTX when rated by MarketBeat users. Likewise, 70.15% of users gave Boeing an outperform vote while only 56.11% of users gave RTX an outperform vote.

CompanyUnderperformOutperform
BoeingOutperform Votes

1995

70.15%

Underperform Votes

849

29.85%

RTXOutperform Votes

101

56.11%

Underperform Votes

79

43.89%

Summary

Boeing and RTX tied by winning 9 of the 18 factors compared between the two stocks.

RTX (RTX) Competitors and Alternatives 2024 (1)

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RTX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.

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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.

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RTX vs. The Competition

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MetricRTXAircraft engines & engine parts IndustryAerospace SectorNYSE Exchange
Market Cap$120.58B$55.49B$16.07B$17.71B
Dividend Yield2.60%1.62%1.36%3.53%
P/E Ratio40.5737.2518.6822.13
Price / Sales1.753.0625.956.76
Price / Cash11.3922.1519.5319.74
Price / Book2.133.964.605.50
Net Income$3.20B$1.85B$445.45M$982.70M
7 Day Performance1.20%-2.74%0.59%0.55%
1 Month Performance0.41%-2.05%0.73%3.00%
1 Year Performance-5.33%29.75%16.55%120.84%

RTX Competitors List

Export to Excel

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BABoeing4.508 of 5 stars$201.14
+0.3%
$252.63
+25.6%
-1.4%$122.72B$77.79B-54.66171,000Analyst Revision
LMTLockheed Martin4.7068 of 5 stars$431.98
+0.0%
$491.92
+13.9%
-9.0%$104.38B$67.57B15.68122,000Insider Selling
Analyst Revision
GDGeneral Dynamics3.9445 of 5 stars$273.60
-0.4%
$271.69
-0.7%
+22.2%$74.96B$42.27B22.76111,600Dividend Increase
Analyst Revision
Positive News
NOCNorthrop Grumman4.0477 of 5 stars$458.26
-0.4%
$494.33
+7.9%
+0.1%$69.03B$39.29B34.00101,000Analyst Revision
TDGTransDigm Group3.6461 of 5 stars$1,160.61
-1.1%
$1,096.73
-5.5%
+57.1%$64.54B$6.59B49.2615,500Positive News
LHXL3Harris Technologies4.625 of 5 stars$213.84
-1.0%
$229.00
+7.1%
+5.0%$40.65B$19.42B33.2150,000Analyst Revision
HEIHEICO3.2446 of 5 stars$188.93
-2.7%
$203.00
+7.4%
+8.7%$26.12B$2.97B61.749,600Positive News
TATTTAT Technologies0 of 5 stars$13.54
-0.4%
N/A+104.5%$120.64M$84.56M26.04471News Coverage
SIFSIFCO Industries0 of 5 stars$3.07
flat
N/A+32.9%$18.91M$87.02M-1.91368Analyst Report
News Coverage
TDYTeledyne Technologies4.3239 of 5 stars$423.21
-1.2%
$515.67
+21.8%
+1.2%$20.05B$5.64B22.8814,900Positive News

Related Companies and Tools

Related Companies:

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  • Lockheed Martin Competitors
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RTX (RTX) Competitors and Alternatives 2024 (2024)

FAQs

RTX (RTX) Competitors and Alternatives 2024? ›

Raytheon Technologies stock (symbol: RTX) underwent a total of 6 stock splits. The most recent stock split occured on April 3rd, 2020.

Who are the competitors of RTX? ›

Raytheon Technologies (RTX) Similar Stocks
  • RTX. Raytheon Technologies. $129.57B. 43.16. 3.43% 4 Buy. 8 Hold. 1 Sell.
  • LMT. Lockheed Martin. $110.38B. 16.19. -0.38% 3 Buy. 11 Hold. ...
  • NOC. Northrop Grumman. $70.72B. 34.74. 5.75% 4 Buy. 7 Hold. ...
  • GD. General Dynamics. $77.24B. 23.15. 27.95% 12 Buy. 5 Hold. ...
  • BA. Boeing. $117.12B. -52.36. -6.35% 17 Buy. 7 Hold.

Who is Raytheon's biggest competitor? ›

Top 10 competitors of Raytheon Technologies, ranked by Tracxn score:
  • Lockheed Martin. ...
  • Rolls-Royce. ...
  • BAE Systems. ...
  • Kratos. ...
  • GA. ...
  • Leonardo. ...
  • Rafael Advanced Defense Systems. Designs and develops defence and cyber-security system. ...
  • Parsons. Provider of cyber security, infrastructure, and other services.

Did Raytheon stock split? ›

Raytheon Technologies stock (symbol: RTX) underwent a total of 6 stock splits. The most recent stock split occured on April 3rd, 2020.

Who is the biggest competitor to Nvidia? ›

The main competitors of NVIDIA include Broadcom (AVGO), Taiwan Semiconductor Manufacturing (TSM), Alphabet (GOOG), Alphabet (GOOGL), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), QUALCOMM (QCOM), Intel (INTC), and Texas Instruments (TXN). These companies are all part of the "computer and technology" sector.

Who is Nvidia's biggest competitor for consumer graphics cards? ›

Advanced Micro Devices (AMD) is a major competitor of NVIDIA in the graphics processing unit (GPU) market. AMD's GPUs, known as Radeons, compete directly with NVIDIA's GeForce GPUs in the consumer and professional markets.

What company is merging with Raytheon? ›

The Merger of Aerospace & Defense Giants - Raytheon & United Technologies. On April 3, 2020 in the middle of a worldwide pandemic, two Aerospace and Defense powerhouses, United Technologies and Raytheon, completed their year-long merger.

Who did Raytheon just merge with? ›

RTX is itself a product of a 2020 merger between Raytheon Company and United Technologies Corporation (UTC).

What company took over Raytheon? ›

The company is the result of the merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company, which was completed on April 3, 2020. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation.

Who owns most shares of Raytheon? ›

Largest shareholders include Vanguard Group Inc, State Street Corp, BlackRock Inc., Capital Research Global Investors, Capital International Investors, Morgan Stanley, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Dodge & Cox, VFINX - Vanguard 500 Index Fund Investor Shares, and AMRMX - AMERICAN ...

What is the new name for Raytheon? ›

(RTTNews) - Raytheon Technologies Corp. changed its name to RTX Corporation, effective July 17, 2023. The company also amended and restated its Amended and Restated Bylaws dated April 25, 2022, solely to reflect the name change. The company's ticker symbol will remain RTX and the CUSIP will remain unchanged.

Is Raytheon being sold? ›

The company formerly known as Raytheon is selling its Dulles, Virginia-based cybersecurity business for approximately $1.3 billion. RTX Corp. said in its earnings report Tuesday it has entered into a definitive agreement to sell the cybersecurity, intelligence and services business within its Raytheon segment.

Who is better RTX or GTX? ›

While GTX GPUs can provide decent performance for certain data science tasks, RTX GPUs are better equipped to handle the demands of modern AI and deep learning workloads. Their enhanced compute capabilities, larger VRAM options, and improved compatibility make them the preferred choice for many data scientists.

Is RTX much better than GTX? ›

The RTX series are generally considered to be better than the GTX series because they're built with dedicated ray tracing cores, which means while some cores will be rendering the terrain etc., the ray tracing cores will handle how light bounces on and around surfaces, making for a more realistic looking scene without ...

Is RTX owned by Nvidia? ›

NVIDIA RTX™ is the most advanced platform for ray tracing and AI technologies that are revolutionizing the ways we play and create. Over 500 top games and applications use RTX to deliver realistic graphics, incredibly fast performance, and new cutting-edge AI features like NVIDIA DLSS 3.5 with Ray Reconstruction.

Which company RTX is best? ›

The best graphics card right now is the Nvidia's GeForce RTX 4090, and there's nothing subtle about this ultimate gaming performance monster.

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