3. As of noon trading, Raytheon Company ( RTN) is up $0.52 (0.6%) to $91.50 on average volume. Thus far, 828,536 shares of Raytheon Company exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $90.49-$91.99 after having opened the day at $90.90 as compared to the previous trading day's close of $90.98.

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 $29.5 billion and is part of the aerospace/defense industry. Shares are up 0.3% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Raytheon Company a buy, no analysts rate it a sell, and 9 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Raytheon Company Ratings Report now.

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