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Textron (TXT)
NYSE:TXT
Textron (TXT) Stock Price & Analysis
810 Followers
TXT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$61.21 - $97.34
Previous Close$89.17
Volume1.10M
Average Volume (3M)1.17M
Market Cap
$17.00B
Enterprise Value$17.00B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)19.1
Beta0.86
Next Earnings
Jul 25, 2024EPS Estimate
$1.48Next Dividend Ex-Date
Jun 14, 2024Dividend Yield0.09%
Share Statistics
EPS (TTM)4.68
Shares Outstanding190,698,993
10 Day Avg. Volume954,991
30 Day Avg. Volume1,174,265
Standard Deviation0.10
R-Squared0.53
Alpha-0.00097
Financial Highlights & Ratios
Price to Book (P/B)2.43
Price to Sales (P/S)4.37
Price to Cash Flow (P/CF)7.70
P/FCF Ratio10.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.68
Enterprise Value/Gross Profit4.35
Enterprise Value/Ebitda10.91
Forecast
1Y Price Target
$104.10Price Target Upside16.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Textron News
PremiumThe Fly
Textron falls -9.6%
Bulls Say, Bears Say
Bulls Say
Company StabilityLarge aviation backlogs provide stability and predictability in production and delivery schedules.
Earnings GrowthCapital deployment focused on share buybacks, leveraging free cash flow strength to support significant EPS growth.
Military Segment ExpansionMilitary segment growth driven by FLRAA program ramp up and V-22 upgrades, signaling strong future revenue prospects.
Bears Say
Financial PerformanceRecent industrial results have underperformed, signaling potential challenges ahead for the company's financial health.
Pricing TrendsPricing is expected to moderate, potentially leading to narrower profit margins if net prices can't keep up with inflation.
Product Portfolio RisksThe company's Bell segment faces risks from an aging product portfolio, with additional concerns over potential budget cuts to the FVL program.
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Ownership Overview
0.97% Insiders
36.45% Mutual Funds
45.68% Other Institutional Investors
16.89% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TXT FAQ
What was Textron’s price range in the past 12 months?
Textron lowest stock price was $61.20 and its highest was $97.33 in the past 12 months.
What is Textron’s market cap?
Currently, no data Available
When is Textron’s upcoming earnings report date?
Textron’s upcoming earnings report date is Jul 25, 2024 which is in 66 days.
How were Textron’s earnings last quarter?
Textron released its earnings results on Apr 25, 2024. The company reported $1.2 earnings per share for the quarter, missing the consensus estimate of $1.219 by -$0.019.
Is Textron overvalued?
According to Wall Street analysts Textron’s price is currently Undervalued.
Does Textron pay dividends?
Textron pays a Quarterly dividend of $0.02 which represents an annual dividend yield of 0.09%. See more information on Textron dividends here
What is Textron’s EPS estimate?
Textron’s EPS estimate is $1.48.
How many shares outstanding does Textron have?
Textron has 190,698,990 shares outstanding.
What happened to Textron’s price movement after its last earnings report?
Textron reported an EPS of $1.2 in its last earnings report, missing expectations of $1.219. Following the earnings report the stock price went down -9.69%.
Which hedge fund is a major shareholder of Textron?
Among the largest hedge funds holding Textron’s share is PRIMECAP Management Co. It holds Textron’s shares valued at 515M.
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Textron Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$104.10 (16.74% Upside)
$104.10 (16.74% Upside)
Blogger Sentiment
Bullish
TXT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 67.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.58%
12-Months-Change
Fundamentals
Return on Equity
13.37%
Trailing 12-Months
Asset Growth
0.13%
Trailing 12-Months
Company Description
Textron
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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TXT Company Deck
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TXT Earnings Call
Q1 2024
0:00 / 0:00
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TXT Revenue Breakdown
26.14% Aircraft
14.28% Fuel systems and functional components
13.79% Specialized vehicles
13.13% Aftermarket parts and services
32.66% Other
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TXT Stock 12 Month Forecast
Average Price Target
$104.10
▲(16.74% Upside)
Technical Analysis
Best Analysts Covering TXT
1 Year
1 Year Success Rate
22/36 ratings generated profit
1 Year Average Return
+10.99%
assigned a buy rating 4 days ago
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