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NYSE:TXT

Textron (TXT) Stock Price, News & Analysis

$92.06
+0.77 (+0.84%)
(As of 07/26/2024 ET)
Today's Range
$91.62
$92.75
50-Day Range
$84.96
$94.00
52-Week Range
$72.37
$97.33
Volume
743,164 shs
Average Volume
1.13 million shs
Market Capitalization
$17.56 billion
P/E Ratio
19.67
Dividend Yield
0.09%
Price Target
$101.63

Textron MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
10.4% Upside
$101.63 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.81
Upright™ Environmental Score
News Sentiment
0.46mentions of Textron in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$1.04 M Sold Last Quarter
Proj. Earnings Growth
11.66%
From $6.26 to $6.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.08 out of 5 stars

Aerospace Sector

17th out of 42 stocks

Aircraft & Parts Industry

2nd out of 3 stocks

TXT stock logo

About Textron Stock (NYSE:TXT)

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. The Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. The Industrial segment offers blow-molded solutions, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, plastic tanks for catalytic reduction systems, and battery housing systems for use in electric vehicles primarily to automobile original equipment manufacturers (OEMs); and golf cars, off-road utility vehicles, powersports products, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, and commercial and industrial users. The Textron eAviation segment manufactures and sells light aircraft and gliders with electric and combustion engines; and provides other research and development initiatives related to sustainable aviation solutions. The Finance segment offers financing services to purchase new and pre-owned aviation aircraft and Bell helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.

TXT Stock Price History

TXT Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Textron (NYSE:TXT) Given New $110.00 Price Target at Bank of America
TXT Dec 2024 92.500 call
Textron (NYSE:TXT) Price Target Raised to $115.00
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Textron (NYSE:TXT) PT Raised to $103.00 at TD Cowen
Textron (NYSE:TXT) Misses Q2 Revenue Estimates
Textron (NYSE:TXT) Releases FY 2024 Earnings Guidance
UBS Group Boosts Textron (NYSE:TXT) Price Target to $87.00
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Last Earnings
7/18/2024
Today
7/26/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft & parts
Sub-Industry
Aerospace & Defense
CUSIP
88320310
Employees
35,000
Year Founded
1923

Price Target and Rating

Average Stock Price Target
$101.63
High Stock Price Target
$120.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+10.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$921 million
Pretax Margin
7.85%

Debt

Sales & Book Value

Annual Sales
$13.68 billion
Cash Flow
$7.93 per share
Book Value
$35.93 per share

Miscellaneous

Free Float
187,457,000
Market Cap
$17.56 billion
Optionable
Optionable
Beta
1.25

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Key Executives


TXT Stock Analysis - Frequently Asked Questions

How have TXT shares performed this year?

Textron's stock was trading at $80.42 at the beginning of 2024. Since then, TXT stock has increased by 14.5% and is now trading at $92.06.
View the best growth stocks for 2024 here
.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) released its earnings results on Thursday, July, 18th. The aerospace company reported $1.54 earnings per share for the quarter, topping analysts' consensus estimates of $1.48 by $0.06. The company's revenue was up 3.0% compared to the same quarter last year.
Read the conference call transcript
.

What is Scott C. Donnelly's approval rating as Textron's CEO?

206 employees have rated Textron Chief Executive Officer Scott C. Donnelly on Glassdoor.com. Scott C. Donnelly has an approval rating of 79% among the company's employees.

Does Textron have any subsidiaries?

Textron subsidiaries include Pipistrel, Howe and Howe Technologies, Arctic Cat, Able Aerospace, Able Engineering & Component Services, Beech Holdings, Mechtronix, and others.

Who are Textron's major shareholders?

Textron's top institutional investors include Bank of New York Mellon Corp (0.73%), Wedge Capital Management L L P NC (0.39%), TCW Group Inc. (0.29%) and Sumitomo Mitsui Trust Holdings Inc. (0.24%). Insiders that own company stock include Scott C Donnelly, Frank T Connor, R Kerry Clark, Kathleen M Bader, E Robert Lupone and Mark S Bamford.
View institutional ownership trends
.

How do I buy shares of Textron?

Shares of TXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Textron own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Textron investors own include Bank of America (BAC), Intelsat (I), Micron Technology (MU), NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T) and Intel (INTC).

This page (NYSE:TXT) was last updated on 7/26/2024 by MarketBeat.com Staff

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