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

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$49.41 +0.61 (+1.25 %)
(As of 12/18/2018 11:02 AM ET)
Previous Close$48.80
Today's Range$49.34 - $49.84
52-Week Range$48.44 - $72.87
Volume21,853 shs
Average Volume1.51 million shs
Market Capitalization$12.02 billion
P/E Ratio20.31
Dividend Yield0.16%
Beta1.62
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

Stock Exchange NYSE
Industry Aircraft & parts
Sub-IndustryAerospace & Defense
SectorAerospace
Current SymbolNYSE:TXT
Previous Symbol
CUSIP88320310
Phone401-421-2800

Debt

Debt-to-Equity Ratio0.70
Current Ratio2.29
Quick Ratio1.11

Price-To-Earnings

Trailing P/E Ratio20.31
Forward P/E Ratio15.49
P/E Growth0.96

Sales & Book Value

Annual Sales$14.20 billion
Price / Sales0.85
Cash Flow$4.1908 per share
Price / Cash Flow11.79
Book Value$21.44 per share
Price / Book2.30

Profitability

EPS (Most Recent Fiscal Year)$2.45
Net Income$307 million
Net Margins6.11%
Return on Equity13.72%
Return on Assets5.13%

Miscellaneous

Employees37,000
Outstanding Shares242,960,000
Market Cap$12.02 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. Stockholders of record on Friday, December 14th will be paid a dividend of $0.02 per share on Tuesday, January 1st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date is Thursday, December 13th. View Textron's Dividend History.

How will Textron's stock buyback program work?

Textron announced that its board has authorized a stock repurchase program on Thursday, April 6th 2017, which authorizes the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) released its earnings results on Thursday, October, 18th. The aerospace company reported $0.61 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by $0.15. The aerospace company had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.52 billion. Textron had a return on equity of 13.72% and a net margin of 6.11%. The business's revenue for the quarter was down 8.2% on a year-over-year basis. During the same period last year, the company posted $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 Wednesday, January 30th 2019. View Earnings Estimates for Textron.

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

Textron issued an update on its FY18 earnings guidance on Thursday, October, 18th. The company provided EPS guidance of $3.20-3.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.34. Textron also updated its FY 2018 guidance to $3.20-3.30 EPS.

What price target have analysts set for TXT?

9 analysts have issued twelve-month target prices for Textron's shares. Their predictions range from $64.00 to $78.00. On average, they expect Textron's stock price to reach $71.60 in the next year. This suggests a possible upside of 43.9% from the stock's current price. View Analyst Price Targets for Textron.

What is the consensus analysts' recommendation for Textron?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textron in the last year. There are currently 2 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 headlines about TXT stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Textron earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned news articles about the aerospace company a news buzz of 5.0 out of 10, indicating that recent media 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 56)
  • Mr. Frank Thomas Connor, Exec. VP & CFO (Age 58)
  • Mr. E. Robert Lupone, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 58)
  • Ms. Julie G. Duffy, Exec. VP of HR (Age 52)
  • Mr. Mark S. Bamford, VP, Corp. Controller & Principal Accounting Officer (Age 54)

Who are Textron's major shareholders?

Textron's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (9.92%), Capital Research Global Investors (7.83%), BlackRock Inc. (7.46%), TIAA CREF Investment Management LLC (2.11%), Primecap Management Co. CA (2.05%) and Victory Capital Management Inc. (1.62%). 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 institutional investors are selling Textron stock?

TXT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Capital Research Global Investors, Vanguard Group Inc, Scopus Asset Management L.P., Mitsubishi UFJ Trust & Banking Corp, TCW Group Inc., BlackRock Inc. and TIAA CREF Investment Management LLC. 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 institutional investors are buying Textron stock?

TXT stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, First Trust Advisors LP, Primecap Management Co. CA, JPMorgan Chase & Co., JPMorgan Chase & Co., AQR Capital Management LLC, Deutsche Bank AG and Bank of New York Mellon Corp. 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 $49.77.

How big of a company is Textron?

Textron has a market capitalization of $12.02 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:  425 (Vote Outperform)
Underperform Votes:  403 (Vote Underperform)
Total Votes:  828
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 12/18/2018 by MarketBeat.com Staff

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