NYSE:TXT - Textron Stock Price, News & Analysis

$44.36
+1.00 (+2.31 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$42.53
Now: $44.36
$44.46
50-Day Range
$42.81
MA: $49.93
$54.14
52-Week Range
$42.53
Now: $44.36
$72.87
Volume3.24 million shs
Average Volume1.67 million shs
Market Capitalization$10.21 billion
P/E Ratio13.28
Dividend Yield0.18%
Beta1.74
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$5.3966 per share
Book Value$23.19 per share

Profitability

Net Income$1.22 billion

Miscellaneous

Employees35,000
Market Cap$10.21 billion
Next Earnings Date10/17/2019 (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 Tuesday, July 23rd. Stockholders of record on Friday, September 13th will be paid a dividend of $0.02 per share on Tuesday, October 1st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.18%. The ex-dividend date of this dividend is Thursday, September 12th. View Textron's Dividend History.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) released its quarterly earnings data on Wednesday, July, 17th. The aerospace company reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.86 by $0.07. The aerospace company earned $3.23 billion during the quarter, compared to analyst estimates of $3.43 billion. Textron had a return on equity of 15.55% and a net margin of 9.07%. The business's revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 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, October 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, July, 17th. The company provided EPS guidance of $3.65-3.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.70.

What price target have analysts set for TXT?

6 brokerages have issued 1-year price targets for Textron's stock. Their forecasts range from $50.00 to $70.00. On average, they anticipate Textron's share price to reach $59.50 in the next year. This suggests a possible upside of 34.1% from the stock's current price. View Analyst Price Targets for Textron.

What is the consensus analysts' recommendation for Textron?

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

Has Textron been receiving favorable news coverage?

Headlines about TXT stock have been trending negative on Sunday, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Textron earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media stories about the aerospace company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Textron.

Are investors shorting Textron?

Textron saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 7,012,300 shares, an increase of 34.2% from the June 30th total of 5,226,900 shares. Based on an average daily volume of 1,530,000 shares, the short-interest ratio is currently 4.6 days. Approximately 3.0% of the shares of the company 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), Micron Technology (MU), Fossil Group (FOSL), NVIDIA (NVDA), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), AMC Entertainment (AMC) and Apollo Global Management (APO).

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 retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (12.85%), Vanguard Group Inc. (11.18%), BlackRock Inc. (7.76%), Invesco Ltd. (2.74%), Primecap Management Co. CA (2.39%) and Victory Capital Management Inc. (2.22%). 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 AQR Capital Management LLC, Bank of New York Mellon Corp, Vanguard Group Inc., Renaissance Technologies LLC, Prudential PLC, Bank of Montreal Can, JPMorgan Chase & Co. and Teacher Retirement System of Texas. Company insiders that have sold Textron company stock in the last year include Frank T Connor, 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 Nuveen Asset Management LLC, LSV Asset Management, Invesco Ltd., Price T Rowe Associates Inc. MD, Victory Capital Management Inc., Lodge Hill Capital LLC, Point72 Asset Management L.P. and Marshall Wace LLP. 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 $44.36.

How big of a company is Textron?

Textron has a market capitalization of $10.21 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:  475 (Vote Outperform)
Underperform Votes:  457 (Vote Underperform)
Total Votes:  932
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 8/18/2019 by MarketBeat.com Staff

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