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MarketScreener Homepage  >  Equities  >  Nyse  >  Raytheon Technologies Corporation    RTX

RAYTHEON TECHNOLOGIES CORPORATION

(RTX)
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RAYTHEON STOCK ALERT: Nationally Recognized Shareholder Rights Litigation Firm Labaton Sucharow Announces Investigation of Raytheon Technologies Corp. (NYSE: RTX) Concerning Department of Justice Criminal Probe

11/12/2020 | 10:00am EST

Labaton Sucharow, a global investor rights law firm, announces an investigation on behalf of purchasers of the securities of Raytheon Technologies Corp. (NYSE: RTX) and encourages stock, option, and derivative purchasers to contact the Firm.

Raytheon Technologies Corp. fell after the company disclosed a demand from the U.S. Department of Justice for records dating back more than a decade from the company’s missile business.

The criminal subpoena was dated Oct. 8 and Raytheon is cooperating, according to a company regulatory filing Tuesday. Federal prosecutors are seeking documents and information in a probe of accounting and other reporting matters within Raytheon’s Missiles & Defense business since 2009, according to the filing.

In the same filing, Raytheon also disclosed it had received a second subpoena from the U.S. Securities and Exchange Commission related to a separate, previously disclosed probe.

Raytheon tumbled 7.4% to $52.34 at the close of trading on large volume.

If you are a current stockholder, derivative, or options holder of Raytheon and wish to learn more or discuss the issues surrounding the investigation, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at dschwartz@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world’s leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at www.labaton.com.


© Business Wire 2020
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Financials (USD)
Sales 2020 63 918 M - -
Net income 2020 -89,1 M - -
Net Debt 2020 21 869 M - -
P/E ratio 2020 -37,7x
Yield 2020 2,73%
Capitalization 104 B 104 B -
EV / Sales 2020 1,98x
EV / Sales 2021 1,86x
Nbr of Employees 243 200
Free-Float 72,1%
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Technical analysis trends RAYTHEON TECHNOLOGIES CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 80,81 $
Last Close Price 69,20 $
Spread / Highest target 31,5%
Spread / Average Target 16,8%
Spread / Lowest Target 1,16%
EPS Revisions
Managers and Directors
NameTitle
Gregory J. Hayes Chief Executive Officer & Director
Thomas A. Kennedy Executive Chairman
Paolo C. Dal Cin Head-Operations & Supply Chain
Anthony F. O'Brien Chief Financial Officer
Mark E. Russell Head-Technology & Global Engineering
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