NYSE:TXT - Textron Stock Price, Price Target & More

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$66.44 -0.35 (-0.52 %)
(As of 07/19/2018 08:45 AM ET)
Previous Close$66.79
Today's Range$63.5034 - $67.95
52-Week Range$47.24 - $69.36
Volume6.06 million shs
Average Volume1.47 million shs
Market Capitalization$17.10 billion
P/E Ratio27.12
Dividend Yield0.12%
Beta1.39
Textron logoTextron 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. The company's Textron Systems segment offers unmanned, marine, and land systems; simulation, training, and other defense and aviation mission support products and systems; airborne and ground-based sensors and surveillance systems, and protection systems; advanced precision guided weapons systems; armored vehicles, turrets, and related subsystems, as well as marine craft; test equipment and electronic warfare test, and training solutions; piston aircraft engines; and intelligence software solutions. This segment also designs, develops, manufactures, installs, and maintains full flight simulators; and offers logistical support and supply chain services. Its Industrial segment offers blow-molded plastic fuel systems; catalytic reduction systems; plastic bottles and containers; golf cars, off-road utility and light transportation vehicles, recreational and all-terrain vehicles, snowmobiles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles; and powered equipment, electrical test and measurement instruments, mechanical and hydraulic tools, cable connectors, fiber optic assemblies, underground and aerial transmission and distribution products, and power utility products for construction, maintenance, telecommunications, data communications, electrical, utility, and plumbing industries. The company's Finance segment provides financing to purchase new and pre-owned aircraft and helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Aircraft & parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:TXT
CUSIP88320310
Phone401-421-2800

Debt

Debt-to-Equity Ratio0.54
Current Ratio2.31
Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio27.12
Forward P/E Ratio21.03
P/E Growth1.85

Sales & Book Value

Annual Sales$14.20 billion
Price / Sales1.20
Cash Flow$4.1734 per share
Price / Cash15.92
Book Value$21.44 per share
Price / Book3.10

Profitability

EPS (Most Recent Fiscal Year)$2.45
Net Income$307 million
Net Margins2.74%
Return on Equity12.65%
Return on Assets4.66%

Miscellaneous

Employees37,000
Outstanding Shares256,040,000
Market Cap$17,100.80

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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 25th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.02 per share on Sunday, July 1st. This represents a $0.08 annualized dividend and a dividend yield of 0.12%. The ex-dividend date is Thursday, June 14th. View Textron's Dividend History.

How will Textron's stock buyback program work?

Textron declared that its Board of Directors has approved a stock buyback program on Thursday, April 6th 2017, which authorizes the company to buyback 25,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) issued its quarterly earnings data on Wednesday, July, 18th. The aerospace company reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.17. The aerospace company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.51 billion. Textron had a net margin of 2.74% and a return on equity of 12.65%. Textron's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 EPS. View Textron's Earnings History.

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

Textron issued an update on its FY18 earnings guidance on Wednesday, July, 18th. The company provided earnings per share (EPS) guidance of $3.15-3.35 for the period, compared to the Thomson Reuters consensus estimate of $3.17.

What price target have analysts set for TXT?

11 Wall Street analysts have issued 1-year price objectives for Textron's shares. Their predictions range from $58.00 to $76.00. On average, they expect Textron's share price to reach $69.5455 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Ratings for Textron.

What is the consensus analysts' recommendation for Textron?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textron in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Textron's key competitors?

Who are Textron's key executives?

Textron's management team includes the folowing people:
  • Mr. Scott C. Donnelly, Chairman, Pres & CEO (Age 56)
  • Mr. Frank Thomas Connor, Exec. VP & CFO (Age 58)
  • Mr. E. Robert Lupone, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 58)
  • Ms. Julie G. Duffy, Exec. VP of HR (Age 52)
  • Mr. Mark S. Bamford, VP, Corp. Controller & Principal Accounting Officer (Age 54)

Has Textron been receiving favorable news coverage?

Media coverage about TXT stock has trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Textron earned a news sentiment score of 0.23 on Accern's scale. They also assigned media coverage about the aerospace company an impact score of 46.33 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Textron's major shareholders?

Textron's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.23%), Retirement Systems of Alabama (0.08%), Bank of Montreal Can (0.04%), Nisa Investment Advisors LLC (0.04%), BLB&B Advisors LLC (0.03%) and CHURCHILL MANAGEMENT Corp (0.02%). Company insiders that own Textron stock include Frank T Connor 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 Gulf International Bank UK Ltd, Retirement Systems of Alabama, Hudson Capital Management LLC and Louisiana State Employees Retirement System. Company insiders that have sold Textron company stock in the last year include Frank T Connor and Scott C Donnelly. View Insider Buying and Selling for Textron.

Which institutional investors are buying Textron stock?

TXT stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Nisa Investment Advisors LLC, BLB&B Advisors LLC, Scout Investments Inc., CHURCHILL MANAGEMENT Corp, Cape Cod Five Cents Savings Bank, First Citizens Bank & Trust Co. and Gateway Investment Advisers LLC. 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 $66.44.

How big of a company is Textron?

Textron has a market capitalization of $17.10 billion and generates $14.20 billion in revenue each year. The aerospace company earns $307 million in net income (profit) each year or $2.45 on an earnings per share basis. Textron employs 37,000 workers across the globe.

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:  2.6 out of 5 (star star)
Outperform Votes:  376 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  723
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 7/19/2018 by MarketBeat.com Staff

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