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NYSE:TXT - Textron Stock Price, Forecast & News

$47.64
-0.44 (-0.92 %)
(As of 02/19/2020 04:39 AM ET)
Today's Range
$47.48
Now: $47.64
$48.02
50-Day Range
$44.17
MA: $46.53
$50.93
52-Week Range
$42.30
Now: $47.64
$58.00
Volume1.75 million shs
Average Volume1.87 million shs
Market Capitalization$10.87 billion
P/E Ratio13.57
Dividend Yield0.17%
Beta1.72
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$13.63 billion
Cash Flow$5.58 per share
Book Value$24.17 per share

Profitability

Net Income$815 million

Miscellaneous

Employees35,000
Market Cap$10.87 billion
Next Earnings Date4/15/2020 (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 declared a quarterly dividend on Wednesday, October 23rd. Shareholders of record on Friday, December 13th will be paid a dividend of $0.02 per share on Wednesday, January 1st. This represents a $0.08 annualized dividend and a yield of 0.17%. The ex-dividend date of this dividend is Thursday, December 12th. View Textron's Dividend History.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) announced its quarterly earnings data on Wednesday, January, 29th. The aerospace company reported $1.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.08 by $0.03. The aerospace company earned $4.04 billion during the quarter, compared to analysts' expectations of $3.94 billion. Textron had a net margin of 5.98% and a return on equity of 16.16%. The company's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.15 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, April 15th 2020. View Earnings Estimates for Textron.

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

Textron issued an update on its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share guidance of $3.50-3.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.67. The company issued revenue guidance of $14.0 billion, compared to the consensus revenue estimate of $13.99 billion.

What price target have analysts set for TXT?

8 brokerages have issued 12-month price targets for Textron's shares. Their forecasts range from $50.00 to $58.00. On average, they anticipate Textron's share price to reach $53.57 in the next twelve months. This suggests a possible upside of 12.5% 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 4 hold ratings and 4 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 stories about TXT stock have been trending extremely negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Textron earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned media coverage about the aerospace company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the immediate future. View News Stories for Textron.

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), NVIDIA (NVDA), Fossil Group (FOSL), Micron Technology (MU), Apollo Global Management (APO), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC) and First Data (FDC).

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 number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.71%), Victory Capital Management Inc. (2.93%), Victory Capital Management Inc. (2.91%), LSV Asset Management (2.53%), Capital Research Global Investors (1.45%) and AQR Capital Management LLC (0.91%). 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 Capital Research Global Investors, Eaton Vance Management, Bank of New York Mellon Corp, Janus Henderson Group PLC, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Strs Ohio and TCW Group Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Victory Capital Management Inc., Victory Capital Management Inc., Russell Investments Group Ltd., FMR LLC, AQR Capital Management LLC, Renaissance Technologies LLC and Levin Easterly Partners 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, Robinhood, Fidelity and Charles Schwab.

What is Textron's stock price today?

One share of TXT stock can currently be purchased for approximately $47.64.

How big of a company is Textron?

Textron has a market capitalization of $10.87 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.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:  2.6 out of 5 (star star)
Outperform Votes:  522 (Vote Outperform)
Underperform Votes:  500 (Vote Underperform)
Total Votes:  1,022
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 2/19/2020 by MarketBeat.com Staff

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