NYSE:TXT - Textron Stock Price, News, & Analysis

$49.27
-0.18 (-0.36 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$49.05
Now: $49.27
$49.77
50-Day Range
$45.30
MA: $49.74
$53.60
52-Week Range
$43.27
Now: $49.27
$72.87
Volume745,748 shs
Average Volume1.66 million shs
Market Capitalization$11.47 billion
P/E Ratio14.75
Dividend Yield0.16%
Beta1.69
Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. The company's Textron Aviation segment manufactures and sells business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services. Its Bell segment provides military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Read More…

Industry, Sector and Symbol

Industry Aircraft & parts
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP88320310
Phone401-421-2800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.97 billion
Cash Flow$5.2583 per share
Book Value$21.37 per share

Profitability

Net Income$1.22 billion

Miscellaneous

Employees35,000
Market Cap$11.47 billion
Next Earnings Date7/17/2019 (Estimated)
OptionableOptionable

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Textron (NYSE:TXT) Frequently Asked Questions

What is Textron's stock symbol?

Textron trades on the New York Stock Exchange (NYSE) under the ticker symbol "TXT."

How often does Textron pay dividends? What is the dividend yield for Textron?

Textron announced a quarterly dividend on Wednesday, April 24th. Investors of record on Friday, June 14th will be given a dividend of $0.02 per share on Monday, July 1st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date of this dividend is Thursday, June 13th. View Textron's Dividend History.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) released its quarterly earnings results on Wednesday, April, 17th. The aerospace company reported $0.76 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.06. The aerospace company had revenue of $31.09 million for the quarter, compared to analyst estimates of $3.17 billion. Textron had a return on equity of 15.66% and a net margin of 8.79%. The business's revenue for the quarter was down 99.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.72 earnings per share. View Textron's Earnings History.

When is Textron's next earnings date?

Textron is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for Textron.

What guidance has Textron issued on next quarter's earnings?

Textron updated its FY19 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of $3.55-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.68. Textron also updated its FY 2019 guidance to $3.55-3.75 EPS.

What price target have analysts set for TXT?

8 brokers have issued 1 year price targets for Textron's stock. Their forecasts range from $50.00 to $78.00. On average, they anticipate Textron's share price to reach $65.3333 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View Analyst Price Targets for Textron.

What is the consensus analysts' recommendation for Textron?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textron in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Textron.

Has Textron been receiving favorable news coverage?

Media headlines about TXT stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Textron earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave news coverage about the aerospace company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Textron.

Are investors shorting Textron?

Textron saw a drop in short interest during the month of May. As of May 15th, there was short interest totalling 6,778,700 shares, a drop of 10.5% from the April 15th total of 7,573,500 shares. Based on an average daily volume of 1,620,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 2.9% of the company's shares are sold short. View Textron's Current Options Chain.

Who are some of Textron's key competitors?

What other stocks do shareholders of Textron own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Textron investors own include Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), Micron Technology (MU), NVIDIA (NVDA), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), Apollo Global Management (APO) and AMC Entertainment (AMC).

Who are Textron's key executives?

Textron's management team includes the folowing people:
  • Mr. Scott C. Donnelly, Chairman, Pres & CEO (Age 57)
  • Mr. Frank Thomas Connor, Exec. VP & CFO (Age 59)
  • Mr. E. Robert Lupone, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 59)
  • Ms. Julie G. Duffy, Exec. VP of HR (Age 53)
  • Mr. Mark S. Bamford, VP, Corp. Controller & Principal Accounting Officer (Age 55)

Who are Textron's major shareholders?

Textron's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.68%), Primecap Management Co. CA (2.27%), Victory Capital Management Inc. (2.01%), Neuberger Berman Group LLC (1.21%), Northern Trust Corp (1.13%) and Gamco Investors INC. ET AL (1.06%). Company insiders that own Textron stock include E Robert Lupone, Frank T Connor, Julie G Duffy, Mark S Bamford and Scott C Donnelly. View Institutional Ownership Trends for Textron.

Which institutional investors are selling Textron stock?

TXT stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Neuberger Berman Group LLC, Boston Partners, TCW Group Inc., BlackRock Inc., AJO LP, CCM Investment Advisers LLC and FMR LLC. Company insiders that have sold Textron company stock in the last year include E Robert Lupone, Frank T Connor, Julie G Duffy, Mark S Bamford and Scott C Donnelly. View Insider Buying and Selling for Textron.

Which institutional investors are buying Textron stock?

TXT stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Bank of Montreal Can, MERIAN GLOBAL INVESTORS UK Ltd, O Shaughnessy Asset Management LLC, Victory Capital Management Inc., First Trust Advisors LP, JPMorgan Chase & Co. and Primecap Management Co. CA. View Insider Buying and Selling for Textron.

How do I buy shares of Textron?

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

What is Textron's stock price today?

One share of TXT stock can currently be purchased for approximately $49.27.

How big of a company is Textron?

Textron has a market capitalization of $11.47 billion and generates $13.97 billion in revenue each year. The aerospace company earns $1.22 billion in net income (profit) each year or $3.34 on an earnings per share basis. Textron employs 35,000 workers across the globe.View Additional Information About Textron.

What is Textron's official website?

The official website for Textron is http://www.textron.com/.

How can I contact Textron?

Textron's mailing address is 40 WESTMINSTER STREET, PROVIDENCE RI, 02903. The aerospace company can be reached via phone at 401-421-2800.


MarketBeat Community Rating for Textron (NYSE TXT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  457 (Thanks for Voting!)
Underperform Votes:  441 (Thanks for Voting!)
Total Votes:  898
MarketBeat's community ratings are surveys of what our community members think about Textron and other stocks. Vote "Outperform" if you believe TXT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TXT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/17/2019 by MarketBeat.com Staff

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