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Friday, August 5, 2011

Great Stock Value (NYSE: RTN)

Shares of RTN fell by 0.12% or $-0.05/share to $41.16. Raytheon Co. is trading at a price to book ratio of 1.43. The PEG is 0.94 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.57. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2836050 shares of RTN exchange hands on a given day and today's volume is recorded at 1255634. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Raytheon Company, together with its subsidiaries, is a technology company and specializes in defense, homeland security and other government markets.