Textron Inc. (TXT)
Market Cap | 14.26B |
Revenue (ttm) | 13.98B |
Net Income (ttm) | 881.00M |
Shares Out | 185.51M |
EPS (ttm) | 4.55 |
PE Ratio | 16.84 |
Forward PE | 12.89 |
Dividend | $0.08 (0.10%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 1,381,451 |
Open | 75.54 |
Previous Close | 75.82 |
Day's Range | 75.37 - 77.59 |
52-Week Range | 75.37 - 97.34 |
Beta | 1.25 |
Analysts | Buy |
Price Target | 101.56 (+32.15%) |
Earnings Date | Jan 22, 2025 |
About TXT
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. The Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, an... [Read more]
Financial Performance
In 2023, Textron's revenue was $13.68 billion, an increase of 6.33% compared to the previous year's $12.87 billion. Earnings were $921.00 million, an increase of 6.97%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for TXT stock is "Buy." The 12-month stock price forecast is $101.56, which is an increase of 32.15% from the latest price.
News
Textron to Release Fourth Quarter Results on January 22, 2025
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2024 financial results on Wednesday morning, January 22, 2025. Textron will also host a conference call at 8...
Textron weighs options for off-road vehicles business, pauses production
Textron is exploring strategic alternatives for its Powersports product line due to persistent weak demand, the Cessna jet maker said on Wednesday.
Textron Stock Falls After Strike, I Still See Opportunities
Textron's stock has underperformed, gaining only 9.5% compared to the S&P 500's 53.6%, due to pressures in its Industrials business and a recent strike. EBITDA estimates for Textron have been revised ...
History-Making Beechcraft T-6C Texan II Sale Supports the U.S.-Vietnam Comprehensive Strategic Partnership, Advances U.S. Interests in the Indo-Pacific Region
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense today announced the arrival of five Beechcraft T-6C Texan II Integrated Training System (ITS) aircraft in support of the Vietnam Air Defense Ai...
Cessna SkyCourier Expands Global Reach With Two Aircraft Order From AIR Marshall Islands
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation, a Textron Inc. (NYSE:TXT) company, today announced a two-aircraft purchase agreement with AIR Marshall Islands Inc. (AMI) for its twin-engine, large-u...
Peruvian Air Force Receives Its First Aeromedical Evacuation-Equipped Beechcraft King Air 360CHW
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced it delivered the first of two multi-mission Beechcraft King Air 360CHW aircraft to the Peruvian Air Force. The King Air 360CHW is cargo...
Textron Inc. (TXT) Q3 2024 Earnings Call Transcript
Textron Inc. (NYSE:TXT) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants David Rosenberg - Vice President, Investor Relations Scott Donnelly - Chairman & Chief Execut...
Textron lowers annual profit forecast on impact from Wichita strike
Cessna jet maker Textron lowered its annual profit forecast on Thursday, citing impact of the four-week strike by 5,000 workers at its Wichita plant.
Textron Reports Third Quarter 2024 Results
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported third quarter 2024 income from continuing operations of $1.18 per share, as compared to $1.35 per share in the third quarter ...
Textron Announces CFO Frank Connor Retirement Effective February 28, 2025
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE:TXT) today announced that Frank T. Connor, executive vice president and chief financial officer, has notified the Company that he intends to retir...
Textron Declares Quarterly Dividend
PROVIDENCE, R.I.--(BUSINESS WIRE)--The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company's Common Stock. All dividends will be paid on...
Cessna Citation Ascend continues to progress through certification program, will deliver with latest update of Garmin G5000 avionics suite
LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced the Cessna Citation Ascend continues to progress through its certification program and will be equipped with the latest enhancements to the...
Starlink High-Speed Internet Solution Now Available for Installation at Textron Aviation Service Centers for Beechcraft King Air B200/300 and Cessna Citation 560XL Series Aircraft
LAS VEGAS--(BUSINESS WIRE)--Textron Aviation announced Starlink high-speed internet for Beechcraft King Air B200 and B300 series and Cessna Citation 560XL series aircraft.
Textron Aviation Selects Gogo Galileo HDX for Factory Installation on Cessna Citation Longitude, Latitude and Ascend
Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDX LAS VEGAS , Oct. 22, 2024 /PRNewswire/ -- (NBAA-BACE, booth 1601) – Gogo Business Aviation (NASDAQ: ...
Textron Aviation Elevates Connectivity With Gogo Galileo HDX on Cessna Citation Longitude, Latitude and Ascend
LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced its selection of Gogo Business Aviation's global Low-Earth-Orbit (LEO) solution, Gogo Galileo HDX, for factory installation on the Cessna C...
Cessna Citation CJ4 Gen3 Prototype Aircraft Takes Flight, Propelling the Program Into Advanced Testing
LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced that its Cessna Citation CJ4 Gen3 prototype aircraft took to the skies for the first time in early October. The announcement of this milest...
Ryan Samples Announced as Launch Customer for Newly Introduced Cessna Citation CJ4 Gen3 Business Jet
LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced longtime Cessna Citation customer Ryan Samples as the launch customer for its new Cessna Citation CJ4 Gen3 business jet, which the company ...
Textron Aviation Unveils Exclusive EvoX Upgrades: Comprehensive and Factory-Direct Modification Packages for Cessna Citation and Beechcraft King Air Customers
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced “EvoX,” specialized aftermarket upgrade packages designed for Cessna Citation and Beechcraft King Air customers.
Textron Fails To Impress, But Long-Term Growth Still Holds Promise
Textron's Q2 revenue grew by 3%, but missed estimates, while EPS beat expectations due to share repurchases, despite a decline in net income. Aviation and Bell segments showed strong performance, but ...
Textron to Release Third Quarter Results on October 24, 2024
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its third quarter 2024 financial results on Thursday morning, October 24, 2024. Textron will also host a conference call at 8:0...
Buying A Dollar For 60 Cents: Uncovering 3 Dividend Gems In An Expensive Market
The S&P 500's strong performance and high valuations make finding bargains challenging. Many stocks trade at elevated P/E ratios, complicating value-driven strategies. Despite a pricey market, I've fo...
Textron: The Share Price Hasn't Reached Cruising Altitude, Maintain Buy
Textron's Aviation and Bell segments achieved decent revenue growth, up by 10% and 13% YoY, respectively, despite ongoing supply chain delays. Nonetheless, revenue in the industrial segment fell by 11...
Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle
CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, ...
Textron Systems and Kodiak Integrate Textron Systems' Fully Uncrewed RIPSAW® M3 Vehicle with Kodiak's Self-Driving System
HUNT VALLEY, Md. and MOUNTAIN VIEW, Calif.
New Garmin G5000 Avionics Upgrade Now Available for Cessna Citation XLS Aircraft at Textron Aviation Service Centers
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation customers can now upgrade their Cessna Citation XLS+ and Citation XLS Gen2 aircraft with the Garmin G5000.