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

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$49.29 +0.84 (+1.73 %)
(As of 01/23/2019 11:32 AM ET)
Previous Close$48.45
Today's Range$48.64 - $49.76
52-Week Range$43.27 - $72.87
Volume50,438 shs
Average Volume1.72 million shs
Market Capitalization$11.98 billion
P/E Ratio20.09
Dividend Yield0.16%
Beta1.65
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. 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.20 billion
Cash Flow$4.1842 per share
Book Value$21.44 per share

Profitability

Net Income$307 million

Miscellaneous

Employees37,000
Market Cap$11.98 billion
OptionableOptionable

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 declared a quarterly dividend on Wednesday, October 24th. Shareholders of record on Friday, December 14th will be given a dividend of $0.02 per share on Tuesday, January 1st. This represents a $0.08 annualized dividend and a yield of 0.16%. The ex-dividend date of this dividend is Thursday, December 13th. View Textron's Dividend History.

How will Textron's stock buyback program work?

Textron announced that its Board of Directors has authorized a stock buyback program on Thursday, April 6th 2017, which permits the company to repurchase 25,000,000 outstanding 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 board believes its stock is undervalued.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) posted its earnings results on Thursday, October, 18th. The aerospace company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.76 by $0.15. The aerospace company had revenue of $3.20 billion for the quarter, compared to analysts' expectations of $3.52 billion. Textron had a return on equity of 13.72% and a net margin of 6.11%. The business's revenue was down 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 EPS. View Textron's Earnings History.

When is Textron's next earnings date?

Textron is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Textron.

How can I listen to Textron's earnings call?

Textron will be holding an earnings conference call on Thursday, January 24th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301951.

What price target have analysts set for TXT?

10 analysts have issued 12 month price objectives for Textron's shares. Their predictions range from $52.00 to $78.00. On average, they anticipate Textron's stock price to reach $69.00 in the next year. This suggests a possible upside of 39.7% from the stock's current price. View Analyst Price Targets for Textron.

What is the consensus analysts' recommendation for Textron?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textron in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Textron.

Has Textron been receiving favorable news coverage?

News stories about TXT stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Textron earned a daily sentiment score of 1.4 on InfoTrie's scale. They also assigned media headlines about the aerospace company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days.

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 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 a variety of of institutional and retail investors. Top institutional investors include Trinity Street Asset Management LLP (0.23%), Scout Investments Inc. (0.15%), Retirement Systems of Alabama (0.09%), James Investment Research Inc. (0.05%), Bank of Montreal Can (0.05%) and Nisa Investment Advisors LLC (0.04%). Company insiders that own Textron stock include E Robert Lupone, Frank T Connor, Julie G Duffy and Scott C Donnelly. View Institutional Ownership Trends for Textron.

Which major investors are selling Textron stock?

TXT stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., James Investment Research Inc., Boston Advisors LLC, Gulf International Bank UK Ltd, Lincoln Capital Corp, Bank of Montreal Can, First Citizens Bank & Trust Co. and Meeder Asset Management Inc.. Company insiders that have sold Textron company stock in the last year include E Robert Lupone, Frank T Connor, Julie G Duffy and Scott C Donnelly. View Insider Buying and Selling for Textron.

Which major investors are buying Textron stock?

TXT stock was acquired by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, QUANTRES ASSET MANAGEMENT Ltd, Virtu Financial LLC, Retirement Systems of Alabama, State of Alaska Department of Revenue, Cerebellum GP LLC, NuWave Investment Management LLC and SG Capital 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 $49.40.

How big of a company is Textron?

Textron has a market capitalization of $12.00 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  430 (Vote Outperform)
Underperform Votes:  407 (Vote Underperform)
Total Votes:  837
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 1/23/2019 by MarketBeat.com Staff

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