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

Sign in or create an account to add this stock to your watchlist.
$67.06 +0.38 (+0.57 %)
(As of 06/24/2018 04:00 PM ET)
Previous Close$67.06
Today's Range$66.72 - $67.44
52-Week Range$45.00 - $69.36
Volume2.20 million shs
Average Volume1.34 million shs
Market Capitalization$17.07 billion
P/E Ratio27.37
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.

Receive TXT News and Ratings via Email

Sign-up to receive the latest news and ratings for TXT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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 Ratio27.37
Forward P/E Ratio21.29
P/E Growth1.85

Sales & Book Value

Annual Sales$14.20 billion
Price / Sales1.21
Cash Flow$4.2176 per share
Price / Cash15.90
Book Value$21.44 per share
Price / Book3.13

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

The Truth About Cryptocurrencies

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. Investors 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 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date of this dividend is Thursday, June 14th. View Textron's Dividend History.

How will Textron's stock buyback program work?

Textron announced that its board has initiated a share repurchase program on Thursday, April 6th 2017, which permits the company to repurchase 25,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) released its earnings results on Wednesday, April, 18th. The aerospace company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.26. The aerospace company had revenue of $3.30 billion for the quarter, compared to analysts' expectations of $3.06 billion. Textron had a return on equity of 12.65% and a net margin of 2.74%. Textron's revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 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, 18th 2018. View Earnings Estimates for Textron.

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

Textron updated its FY18 earnings guidance on Wednesday, April, 18th. The company provided earnings per share guidance of $2.95-3.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.07.

What price target have analysts set for TXT?

11 Wall Street analysts have issued 1 year target prices for Textron's shares. Their predictions range from $58.00 to $75.00. On average, they anticipate Textron's share price to reach $67.9091 in the next year. View Analyst Ratings for Textron.

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)
  • Mr. Mark S. Bamford, VP, Corp. Controller & Principal Accounting Officer (Age 54)
  • Ms. Diane K. Schwarz, Chief Information Officer and VP

Has Textron been receiving favorable news coverage?

Media coverage about TXT stock has been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Textron earned a daily sentiment score of 0.07 on Accern's scale. They also gave media coverage about the aerospace company an impact score of 46.21 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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. (7.51%), Victory Capital Management Inc. (1.65%), Boston Partners (1.62%), Neuberger Berman Group LLC (1.49%), Dimensional Fund Advisors LP (1.39%) and American Century Companies Inc. (1.18%). 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 American Century Companies Inc., Neuberger Berman Group LLC, LSV Asset Management, Victory Capital Management Inc., Wells Fargo & Company MN, JPMorgan Chase & Co., Lord Abbett & CO. LLC and State of New Jersey Common Pension Fund D. 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 Levin Capital Strategies L.P., BlackRock Inc., Carillon Tower Advisers Inc., Cookson Peirce & Co. Inc., Catalyst Capital Advisors LLC, Boston Partners, Interval Partners LP and Millennium Management 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 $67.06.

How big of a company is Textron?

Textron has a market capitalization of $17.07 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 (TXT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  364 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  695
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 6/24/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.