Raytheon Company (RTN): Today's Featured Aerospace/Defense Winner

Raytheon Company (RTN) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.2%. By the end of trading, Raytheon Company rose 32 cents (0.7%) to $49.62 on average volume. Throughout the day, 1.8 million shares of Raytheon Company exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $49.04-$49.68 after having opened the day at $49.14 as compared to the previous trading day's close of $49.30. Other companies within the Aerospace/Defense industry that increased today were: AerCap Holdings N.V (AER), up 3.6%, Erickson Air-Crane (EAC), up 3.1%, Aerovironment Incorporated (AVAV), up 2.8%, and Smith & Wesson Holding Corporation (SWHC), up 2.8%.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $16.49 billion and is part of the industrial goods sector. The company has a P/E ratio of 8.9, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 1.9% year to date as of the close of trading on Monday. Currently there are six analysts that rate Raytheon Company a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

• You can view the full Raytheon Ratings Report.

On the negative front, TAT Technologies (TATT), down 4.5%, Aerosonic Corporation (AIM), down 2.5%, LMI Aerospace (LMIA), down 2.5%, and Breeze-Eastern Corporation (BZC), down 2.4%, were all losers within the aerospace/defense industry with TransDigm Group (TDG) being today's aerospace/defense industry loser.

• Use our aerospace/defense section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx (ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 (DOG).

• Find other investment ideas from our top rated ETFs lists.

For more information on Raytheon Company click any of the following:

• Raytheon Company Stock Price

• Raytheon Company Analyst Ratings

• Raytheon Company Key Stats & Profile

• Raytheon Company Earnings

• Raytheon Company Ratio Comparison

• Raytheon Company Growth Rates

• Raytheon Company Balance Sheet

• Raytheon Company Cash Flow

• Raytheon Company Income Statement