Textron (NYSE:TXT) Updates FY 2025 Earnings Guidance

Textron (NYSE:TXT - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 6.000-6.200 for the period, compared to the consensus EPS estimate of 6.125. The company issued revenue guidance of -.

Textron Price Performance

Textron stock traded down $1.48 on Friday, reaching $79.45. The company's stock had a trading volume of 4,296,444 shares, compared to its average volume of 1,556,525. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.83 and a current ratio of 1.68. The company has a market cap of $14.34 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 1.32 and a beta of 1.17. The business's fifty day moving average price is $78.99 and its 200 day moving average price is $74.71. Textron has a twelve month low of $57.70 and a twelve month high of $93.98.

Textron (NYSE:TXT - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The aerospace company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.10. The company had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.64 billion. Textron had a return on equity of 14.26% and a net margin of 5.80%. The business's revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.54 earnings per share. Equities analysts expect that Textron will post 6.12 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TXT shares. The Goldman Sachs Group restated a "neutral" rating and set a $85.00 target price (down previously from $95.00) on shares of Textron in a research report on Tuesday, July 1st. Morgan Stanley upped their price objective on Textron from $71.00 to $86.00 and gave the company an "equal weight" rating in a report on Thursday, July 17th. Jefferies Financial Group reiterated a "buy" rating and issued a $95.00 price objective (up previously from $85.00) on shares of Textron in a report on Thursday, June 12th. Wall Street Zen upgraded Textron from a "buy" rating to a "strong-buy" rating in a report on Sunday, July 13th. Finally, Susquehanna upped their price objective on Textron from $90.00 to $95.00 and gave the company a "positive" rating in a report on Friday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $89.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Focus Partners Wealth boosted its position in Textron by 18.0% during the first quarter. Focus Partners Wealth now owns 4,814 shares of the aerospace company's stock valued at $348,000 after purchasing an additional 735 shares during the last quarter. Empowered Funds LLC boosted its position in Textron by 6.3% during the first quarter. Empowered Funds LLC now owns 21,397 shares of the aerospace company's stock valued at $1,546,000 after purchasing an additional 1,265 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Textron by 13.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,522 shares of the aerospace company's stock valued at $1,049,000 after purchasing an additional 1,709 shares during the last quarter. 86.03% of the stock is owned by institutional investors and hedge funds.

About Textron

Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.