EPS for Raytheon Company (RTN) Expected At $2.03

Lula Sharp
December 30, 2017

Woodley Farra Manion holds 32,888 shares. Searle & CO. bought a new position in shares of Raytheon Company during the fourth quarter worth about $579,000.

The stock increased 0.24% or $0.45 during the last trading session, reaching $187.91.

The counter witnessed a trading volume of 1.63 million shares versus an average volume of 4.27 million shares during last trading session. Raytheon Company (NYSE:RTN) has risen 24.03% since December 29, 2016 and is uptrending. It has outperformed by 7.33% the S&P500. The stock's average target of $165 is -12.19% below today's ($187.91) share price. Yelp Inc. (YELP) has $3.51 billion valuation. About 396,063 shares traded. Yelp Inc. (NYSE:YELP) has risen 12.71% since December 28, 2016 and is uptrending. It has underperformed by 27.42% the S&P500.

Oakmont Corp holds 9.79% of its portfolio in Raytheon Company for 310,187 shares. Therefore 43% are positive. Raytheon Company had 67 analyst reports since July 28, 2015 according to SRatingsIntel. On Monday, August 14 Clark Vernon E sold $149,378 worth of Raytheon Company (NYSE:RTN) or 829 shares. The rating was maintained by Stifel Nicolaus with "Buy" on Friday, July 29. The stock has "Hold" rating by Cantor Fitzgerald on Tuesday, June 20. Cowen & Co maintained the stock with "Buy" rating in Monday, July 17 report. Raytheon now has a consensus rating of "Buy" and an average target price of $201.77. RBC Capital Markets maintained Raytheon Company (NYSE:RTN) rating on Friday, July 7. They now have a $203.0 target on the firm. Ngam Advisors Ltd Partnership reported 180,718 shares stake.

Investors sentiment increased to 1.21 in Q3 2017. The company has a current ratio of 1.66, a quick ratio of 1.55 and a debt-to-equity ratio of 0.44.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Following the completion of the transaction, the director now directly owns 11,360 shares in the company, valued at approximately $2,161,467.20. Solaris Asset Management Limited Liability Corp reported 24,570 shares. Montecito Fincl Bank Trust holds 6,540 shares. Srb reported 0.02% stake. Sandy Spring Bank reported 19,764 shares or 0.35% of all its holdings. Silvercrest Asset Mngmt Grp Incorporated Ltd Limited Liability Company has invested 0.01% in Raytheon Company (NYSE:RTN). Highlander Cap Management Limited Liability Company reported 318 shares. Motco accumulated 0.6% or 31,382 shares. Creative Planning owns 51,482 shares or 0% of their United States portfolio. Ww invested in 1.78M shares or 0.08% of the stock. Outstanding shares include restricted shares owned by the company's employees and officers as well as the public.

Since August 14, 2017, it had 0 buys, and 3 selling transactions for $961,405 activity. The stock of Raytheon Company (NYSE:RTN) earned "Buy" rating by Cowen & Co on Thursday, August 10.

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Investors sentiment decreased to 1.06 in Q3 2017. Its down 1.90, from 3.62 in 2017Q2. It dived, as 39 investors sold PEG shares while 210 reduced holdings. 46 funds opened positions while 42 raised stakes.

Zacks offers financial analysis on investing, insurance, real estate, money managing, tax information, and retirement planning. Ironwood Inv Management Limited Liability Com reported 2,573 shares. Bridges Invest Counsel invested 0.27% of its portfolio in Fiserv, Inc. Retirement Of Alabama invested in 102,108 shares or 0.07% of the stock. (NYSE:YELP). Prescott General Prtnrs Limited has invested 8.66% in Yelp Inc. Bradley Foster Sargent Ct holds 147,391 shares. Morgan Stanley has invested 0% of its portfolio in AcelRx Pharmaceuticals, Inc. (NYSE:YELP) for 275 shares. (NYSE:YELP) for 60,263 shares.

Toron Capital Markets Inc decreased Celestica Inc (NYSE:CLS) stake by 78,800 shares to 2.13M valued at $26.31M in 2017Q3. (NYSE:YELP) for 81,590 shares. Alyeska Gp Lp invested in 0.12% or 335,579 shares. Its up 34.46% from 4.34 million shares previously. Shares for $690,304 were sold by Lawrence Taylor W. On Thursday, September 21 the insider Stoppelman Jeremy sold $565,335.

In related news, Director Stephen J. Hadley sold 800 shares of the business's stock in a transaction that occurred on Thursday, November 30th. Another trade for 650 shares valued at $121,723 was made by Jimenez Frank R on Monday, October 2. Therefore 63% are positive. RBC Capital Markets maintained the shares of RTN in report on Friday, July 7 with "Buy" rating. The rating was upgraded by Bank of America on Wednesday, August 10 to "Neutral". The rating was maintained by Barclays Capital with "Equal Weight" on Monday, May 2. William Blair initiated the shares of YELP in report on Tuesday, September 15 with "Market Perform" rating. Raytheon makes up 1.0% of Patten Group Inc.'s portfolio, making the stock its 27th largest holding. RBC Capital Markets maintained Fiserv, Inc. On Monday, September 12 the stock rating was upgraded by JP Morgan to "Overweight". Stadium Capital Management Llc who had been investing in Townsquare Media Inc for a number of months, seems to be bullish on the $140.88 million market cap company. Wall Street is only getting more bullish on the stock, with 16 of analysts who cover RTN having a buy-equivalent rating.

Analysts await Fiserv, Inc. They expect $0.05 earnings per share, down 61.54% or $0.08 from last year's $0.13 per share. RTN's profit would be $586.84M giving it 23.27 P/E if the $2.03 EPS is correct. During the same period last year, the company posted $1.79 EPS. analysts forecast that Raytheon will post 7.61 EPS for the current fiscal year.

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