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

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$55.15 +0.92 (+1.70 %)
(As of 04/18/2019 04:00 PM ET)
Previous Close$54.23
Today's Range$53.52 - $55.19
52-Week Range$43.27 - $72.87
Volume3.31 million shs
Average Volume1.82 million shs
Market Capitalization$12.90 billion
P/E Ratio16.51
Dividend Yield0.15%
Beta1.65
Textron, Inc. is a multi-industry company, which leverages global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures, sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment product lines consist of unmanned aircraft systems; land and marine systems; weapons and sensors; and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under the Golf; Turf Care and Light Transportation Vehicles; Fuel Systems and Functional Components and Powered Tools; and Testing and Measurement Equipment product lines. The Finance segment consists of Textron Financial Corp. and its consolidated subsidiaries, which provides finances primarily to purchasers of new Cessna aircraft and Bell helicopters. The company founded by Royal Little in 1923 and is headquartered in Providence, RI.

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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$5.6622 per share
Book Value$21.37 per share

Profitability

Net Income$1.22 billion

Miscellaneous

Employees35,000
Market Cap$12.90 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 announced a quarterly dividend on Thursday, February 28th. Shareholders of record on Friday, March 15th will be given a dividend of $0.02 per share on Monday, April 1st. This represents a $0.08 annualized dividend and a dividend yield of 0.15%. The ex-dividend date is Thursday, March 14th. View Textron's Dividend History.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) issued its earnings results on Wednesday, April, 17th. The aerospace company reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.06. The aerospace company earned $31.09 million during the quarter, compared to analyst estimates of $3.17 billion. Textron had a return on equity of 15.51% and a net margin of 8.75%. The business's revenue for the quarter was down 99.1% compared to the same quarter last year. 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 issued an update on 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 EPS 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?

10 brokerages have issued 1 year target prices for Textron's shares. Their predictions range from $50.00 to $78.00. On average, they expect Textron's stock price to reach $66.8182 in the next twelve months. This suggests a possible upside of 21.2% 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 positive recently, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Textron earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned news stories about the aerospace company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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), Apollo Global Management (APO) and AMC Entertainment (AMC).

Who are Textron's key executives?

Textron's management team includes the folowing people:
  • Scott C. Donnelly, Chairman, President & Chief Executive Officer
  • Frank T. Connor, Chief Financial Officer & Executive Vice President
  • Kimberly A. Mackenroth, Chief Information Officer & Vice President
  • E. Robert Lupone, Secretary, Executive VP & General Counsel
  • Mark S. Bamford, Vice President & Controller

Who are Textron's major shareholders?

Textron's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Trinity Street Asset Management LLP (0.23%), Scout Investments Inc. (0.16%), Retirement Systems of Alabama (0.09%), Nisa Investment Advisors LLC (0.03%), Lincoln Capital Corp (0.03%) and State of Alaska Department of Revenue (0.03%). 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 institutional investors are selling Textron stock?

TXT stock was sold by a variety of institutional investors in the last quarter, including Lincoln Capital Corp, Trinity Street Asset Management LLP, Nisa Investment Advisors LLC, Virtu Financial LLC, Bank of The West, QUANTRES ASSET MANAGEMENT Ltd, Sageworth Trust Co and Gateway Investment Advisers LLC. 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 institutional investors are buying Textron stock?

TXT stock was purchased by a variety of institutional investors in the last quarter, including Polaris Greystone Financial Group LLC, Sciencast Management LP, Tibra Equities Europe Ltd, Pennsylvania Trust Co, Pennsylvania Trust Co, Scout Investments Inc., Mercer Global Advisors Inc. ADV and Northpointe Capital 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 $55.15.

How big of a company is Textron?

Textron has a market capitalization of $12.90 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:  2.6 out of 5 (star star)
Outperform Votes:  448 (Vote Outperform)
Underperform Votes:  430 (Vote Underperform)
Total Votes:  878
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 4/18/2019 by MarketBeat.com Staff

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