Raytheon Technologies Price To Sales vs. Gross Profit
| 0R2N Stock | 120.96 0.50 0.42% |
For Raytheon Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Raytheon Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Raytheon Technologies Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Raytheon Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Raytheon Technologies Corp over time as well as its relative position and ranking within its peers.
Raytheon |
Raytheon Technologies Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Raytheon Technologies's current stock value. Our valuation model uses many indicators to compare Raytheon Technologies value to that of its competitors to determine the firm's financial worth. Raytheon Technologies Corp is number one stock in price to sales category among its peers. It also is number one stock in gross profit category among its peers fabricating about 13,300,895,290 of Gross Profit per Price To Sales. At this time, Raytheon Technologies' Gross Profit is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Raytheon Technologies' earnings, one of the primary drivers of an investment's value.Raytheon Gross Profit vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Raytheon Technologies |
| = | 1.03 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Raytheon Technologies |
| = | 13.67 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Raytheon Gross Profit Comparison
Raytheon Technologies is currently under evaluation in gross profit category among its peers.
Raytheon Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Raytheon Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Raytheon Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Raytheon Technologies' change in net profit over the period of time. It can combine multiple indicators of Raytheon Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Interest Income | 1.5 B | 1.4 B | |
| Operating Income | 3.9 B | 2.9 B | |
| Income Before Tax | 4.4 B | 2.7 B | |
| Net Income Applicable To Common Shares | 4.7 B | 2.8 B | |
| Net Income | 3.2 B | 2.8 B | |
| Income Tax Expense | 630 M | 856.4 M | |
| Change To Netincome | -3.1 B | -2.9 B |
Raytheon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Raytheon Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Raytheon Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Raytheon Technologies' important profitability drivers and their relationship over time.
Use Raytheon Technologies in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Raytheon Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Raytheon Technologies will appreciate offsetting losses from the drop in the long position's value.Raytheon Technologies Pair Trading
Raytheon Technologies Corp Pair Trading Analysis
The ability to find closely correlated positions to Raytheon Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Raytheon Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Raytheon Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Raytheon Technologies Corp to buy it.
The correlation of Raytheon Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Raytheon Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Raytheon Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Raytheon Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Raytheon Technologies position
In addition to having Raytheon Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Stores
Companies providing different types of retail and wholesale services. The Stores theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Stores Theme or any other thematic opportunities.
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Additional Tools for Raytheon Stock Analysis
When running Raytheon Technologies' price analysis, check to measure Raytheon Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytheon Technologies is operating at the current time. Most of Raytheon Technologies' value examination focuses on studying past and present price action to predict the probability of Raytheon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytheon Technologies' price. Additionally, you may evaluate how the addition of Raytheon Technologies to your portfolios can decrease your overall portfolio volatility.