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

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$48.64 -0.46 (-0.94 %)
(As of 05/21/2019 03:28 AM ET)
Previous Close$49.10
Today's Range$48.4150 - $49.08
52-Week Range$43.27 - $72.87
Volume1.34 million shs
Average Volume1.74 million shs
Market Capitalization$11.32 billion
P/E Ratio14.56
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; 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 logistics support services. Its Industrial segment offers blow-molded plastic fuel systems and fuel systems, including pressurized fuel tanks for hybrid applications, clear-vision systems, catalytic reduction systems, cast iron engine components, and other fuel system components primarily to automobile OEMs, as well as plastic bottles and containers for various uses; golf cars, off-road utility vehicles, recreational side-by-side and all-terrain vehicles, snowmobiles, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles that are marketed to golf courses and resorts, government agencies and municipalities, consumers, and commercial and industrial users. 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$13.97 billion
Cash Flow$5.2245 per share
Book Value$22.48 per share

Profitability

Net Income$1.22 billion

Miscellaneous

Employees35,000
Market Cap$11.32 billion
Next Earnings Date7/17/2019 (Estimated)
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, April 24th. Investors of record on Friday, June 14th will be paid a dividend of $0.02 per share on Monday, July 1st. This represents a $0.08 annualized dividend 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, beating the Zacks' 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 firm's revenue for the quarter was down 99.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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 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 analysts have issued twelve-month price objectives for Textron's shares. Their predictions range from $50.00 to $78.00. On average, they expect Textron's share price to reach $65.3333 in the next year. This suggests a possible upside of 34.3% 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 negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Textron earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned news articles about the aerospace company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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), Associated British Foods (ABF), Chaarat Gold (CGH), NVIDIA (NVDA), 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.68%), Primecap Management Co. CA (2.27%), Victory Capital Management Inc. (2.01%), Dimensional Fund Advisors LP (1.53%), Geode Capital Management LLC (1.38%) and AQR Capital Management LLC (1.22%). 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 major 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., Hsbc Holdings PLC, Morgan Stanley, BlackRock Inc. and AJO LP. 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 major investors are buying Textron stock?

TXT stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, LSV Asset Management, Bank of Montreal Can, MERIAN GLOBAL INVESTORS UK Ltd, Bridgewater Associates LP, O Shaughnessy Asset Management LLC, Victory Capital Management Inc. and Goldman Sachs Group Inc.. 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 $48.64.

How big of a company is Textron?

Textron has a market capitalization of $11.32 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.

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:  453 (Vote Outperform)
Underperform Votes:  436 (Vote Underperform)
Total Votes:  889
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 5/21/2019 by MarketBeat.com Staff

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