RTX Corporation (NYSE: RTX) closed down 1.18% at $195.34 in its most recent trading session, underperforming the broader market by a notable margin.

The S&P 500 declined just 0.48% during the same session, while the Dow shed 0.29% and the tech-heavy Nasdaq dropped 0.56%, leaving RTX trailing all three major benchmarks.

The single-session decline extends a difficult stretch for the aerospace and defense giant, which has fallen 11.34% over the past month alone.

That one-month drop outpaces even the Aerospace sector’s own loss of 12.7%, while the S&P 500 shed just 0.82% over the same period.

Investor attention will now shift to RTX’s upcoming earnings report, where analysts are forecasting earnings per share of $1.75, representing growth of 2.94% compared to the same quarter last year.

The Zacks Consensus Estimate for revenue projects net sales of $23.84 billion for the quarter, reflecting a 6.06% increase from the year-ago period.

Looking at full-year projections, analysts anticipate earnings of $7.22 per share alongside revenue of $96.06 billion, representing year-over-year shifts of +14.79% and +8.41%, respectively.

RTX currently holds a Zacks Rank of #3 (Hold), with the consensus EPS estimate remaining unchanged over the past 30 days, signaling a period of analytical stability rather than momentum.

On valuation, RTX trades at a Forward P/E ratio of 27.39, a meaningful premium to the Aerospace-Defense industry average Forward P/E of 22.49, raising questions about whether the current price reflects fair value.

The company’s PEG ratio of 2.55 also sits above the Aerospace-Defense industry average of 1.67, suggesting the market is pricing in considerable growth expectations relative to RTX’s peers.

The Aerospace-Defense industry currently holds a Zacks Industry Rank of 104, placing it within the top 43% of more than 250 tracked industries, which provides some broader sectoral support for long-term investors.

Research from Zacks indicates that the top 50% of ranked industries outperform the bottom half by a factor of 2 to 1, meaning RTX’s sector positioning remains a moderately favorable backdrop despite near-term price weakness.