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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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NYSE:TXT

Textron Stock Forecast, Price & News

$49.63
+0.26 (+0.53 %)
(As of 01/20/2021 12:00 AM ET)
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Today's Range
$49.29
Now: $49.63
$49.90
50-Day Range
$46.13
MA: $48.00
$50.19
52-Week Range
$20.26
Now: $49.63
$51.53
Volume600,833 shs
Average Volume974,927 shs
Market Capitalization$11.36 billion
P/E Ratio41.71
Dividend Yield0.16%
Beta1.77
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company's Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as offers maintenance, inspection, and repair services. Its Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. The company's Textron Systems segment offers unmanned aircraft systems, unmanned surface systems, mission command hardware and solutions, and customer support and logistics services; simulation, training, and other defense and aviation mission support products and services; airborne and ground-based sensors and surveillance systems, and protection systems; precision guided weapons systems; marine craft, armored vehicles, and specialty vehicles used for fire and rescue applications; test equipment, electronic warfare test, and training and intelligence software solutions; and piston aircraft engines, as well as designs, develops, manufactures, installs, and maintains full flight simulators. Its Industrial segment offers blow-molded plastic fuel systems, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid applications, clear-vision systems, and plastic tanks for catalytic reduction systems primarily to automobile OEMs; and 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 to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, 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.
Textron logo

MarketRank

Overall MarketRank

1.90 out of 5 stars

Aerospace Sector

8th out of 75 stocks

Aircraft & Parts Industry

1st out of 4 stocks

Analyst Opinion: 1.2Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Aircraft & parts
Sub-IndustryAerospace & Defense
SectorAerospace
CUSIP88320310
Phone401-421-2800
Employees35,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.63 billion
Cash Flow$5.71 per share
Book Value$24.17 per share

Profitability

Net Income$815 million

Miscellaneous

Market Cap$11.36 billion
Next Earnings Date1/27/2021 (Confirmed)
OptionableOptionable
$49.63
+0.26 (+0.53 %)
(As of 01/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Textron (NYSE:TXT) Frequently Asked Questions

How has Textron's stock been impacted by Coronavirus?

Textron's stock was trading at $30.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TXT shares have increased by 64.1% and is now trading at $49.63.
View which stocks have been most impacted by COVID-19
.

Is Textron a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Textron in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Textron stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TXT, but not buy additional shares or sell existing shares.
View analyst ratings for Textron
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Textron?

Wall Street analysts have given Textron a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Textron wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Thomas Greco's approval rating as Textron's CEO?

538 employees have rated Textron CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among Textron's employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Textron's next earnings date?

Textron is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Textron
.

How can I listen to Textron's earnings call?

Textron will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) announced its quarterly earnings results on Thursday, October, 29th. The aerospace company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.17. The aerospace company earned $2.74 billion during the quarter, compared to the consensus estimate of $2.81 billion. Textron had a return on equity of 8.69% and a net margin of 2.26%. The firm's revenue was down 16.1% on a year-over-year basis. During the same quarter last year, the company earned $0.95 earnings per share.
View Textron's earnings history
.

How often does Textron pay dividends? What is the dividend yield for Textron?

Textron declared a quarterly dividend on Wednesday, October 28th. Investors of record on Friday, December 11th will be given a dividend of $0.02 per share on Friday, January 1st. This represents a $0.08 annualized dividend and a dividend yield of 0.16%. The ex-dividend date of this dividend is Thursday, December 10th.
View Textron's dividend history
.

Is Textron a good dividend stock?

Textron pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.16%. Textron does not yet have a strock track record of dividend growth. The dividend payout ratio of Textron is 2.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Textron will have a dividend payout ratio of 2.97% next year. This indicates that Textron will be able to sustain or increase its dividend.
View Textron's dividend history.

What price target have analysts set for TXT?

11 analysts have issued 1 year target prices for Textron's stock. Their forecasts range from $30.00 to $55.00. On average, they expect Textron's share price to reach $41.82 in the next year. This suggests that the stock has a possible downside of 15.7%.
View analysts' price targets for Textron
or view Wall Street analyst' top-rated stocks.

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), NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T), Intel (INTC), The Walt Disney (DIS), AMC Entertainment (AMC) and Ciena (CIEN).

Who are Textron's key executives?

Textron's management team includes the following people:
  • Mr. Scott C. Donnelly, Chairman, Pres & CEO (Age 59, Pay $3.07M)
  • Mr. Frank Thomas Connor, Exec. VP & CFO (Age 61, Pay $2.02M)
  • Mr. E. Robert Lupone, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 61, Pay $1.45M)
  • Ms. Julie G. Duffy, Exec. VP of HR (Age 55, Pay $960k)
  • Ms. Kimberly A. Mackenroth, VP & Chief Information Officer
  • Mr. Eric Salander, VP of Investor Relations & Treasurer
  • Mr. James Takats, Sr. VP of Global Simulation & Training Strategy TRU Simulation + Training Inc
  • Mr. Jorg Rautenstrauch, CEO & Pres of Industrial Segment
  • Mr. Stewart Holmes, Sr. VP of Washington Operations
  • Mr. Ee Soon-Kiong, Pres of Textron China

What is Textron's stock symbol?

Textron trades on the New York Stock Exchange (NYSE) under the ticker symbol "TXT."

Who are Textron's major shareholders?

Textron's stock is owned by a number of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.17%), Smith Graham & Co. Investment Advisors LP (0.06%), State of Alaska Department of Revenue (0.05%), Hudson Capital Management LLC (0.02%), BLB&B Advisors LLC (0.01%) and Pacer Advisors Inc. (0.01%). Company insiders that own Textron stock include Frank T Connor, Mark S Bamford 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 Smith Graham & Co. Investment Advisors LP, State of Alaska Department of Revenue, Crossmark Global Holdings Inc., Scout Investments Inc., Hudson Capital Management LLC, BLB&B Advisors LLC, and Guardian Investment Management. 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 activity for Textron
or view top insider-selling stocks.

Which institutional investors are buying Textron stock?

TXT stock was bought by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, Park Avenue Securities LLC, Diversified Trust Co, Redpoint Investment Management Pty Ltd, Wiley BROS. Aintree Capital LLC, Pacer Advisors Inc., Louisiana State Employees Retirement System, and Sowell Financial Services LLC.
View insider buying and selling activity for Textron
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Textron's stock price today?

One share of TXT stock can currently be purchased for approximately $49.63.

How big of a company is Textron?

Textron has a market capitalization of $11.36 billion and generates $13.63 billion in revenue each year. The aerospace company earns $815 million in net income (profit) each year or $3.74 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 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.

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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