Textron Inc. (TXT)
Market Cap | 13.21B |
Revenue (ttm) | 13.70B |
Net Income (ttm) | 824.00M |
Shares Out | 182.57M |
EPS (ttm) | 4.33 |
PE Ratio | 16.67 |
Forward PE | 11.82 |
Dividend | $0.08 (0.11%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 1,648,792 |
Open | 72.82 |
Previous Close | 72.43 |
Day's Range | 71.67 - 72.83 |
52-Week Range | 71.67 - 97.34 |
Beta | 1.27 |
Analysts | Buy |
Price Target | 93.70 (+29.53%) |
Earnings Date | Jan 22, 2025 |
About TXT
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates in 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, and rel... [Read more]
Financial Performance
In 2024, Textron's revenue was $13.70 billion, an increase of 0.14% compared to the previous year's $13.68 billion. Earnings were $824.00 million, a decrease of -10.53%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for TXT stock is "Buy." The 12-month stock price forecast is $93.7, which is an increase of 29.53% from the latest price.
News

Textron Aviation to Open New Service Facility at Essendon Fields Airport, Expanding Capabilities in Australia
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced an Australia expansion with construction of a larger, modernized service facility at Essendon Fields Airport.

RTX's Collins Aerospace providing upgraded avionics for in-service Cessna Citation aircraft
Collins' Pro Line 21™ avionics provides advanced functionality, usability CEDAR RAPIDS, Iowa , Feb. 5, 2025 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has announced upcoming funct...

Textron: A Quality Company Ready For Takeoff
Textron Inc. is undervalued, despite promising medium-term growth prospects and strong cash generation, trading at a significant discount to historical and sector averages. The company has stable prof...

Textron Aviation Delivers First Cessna SkyCourier Twin Turboprop Into Canada
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced the first delivery into Canada for its twin-engine, large-utility turboprop, Cessna SkyCourier, to Air Bravo Corporation.

Japan selects Beechcraft T-6 Texan II Integrated Training System to modernize Japan Air Self-Defense Force pilot training
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense LLC, a Textron Inc. (NYSE:TXT) company, today announced in coordination with the Kanematsu Group that the Beechcraft T-6 Texan II Integrated Tr...

Textron Aviation Secures First International Sale of Advanced Military Training Aircraft to SkyAlyne and KF Aerospace
WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the first international sale of seven of its Beechcraft King Air 260 military multi-engine training aircraft. SkyAlyne and KF Aerospace...

What's Next For Textron Stock?
Textron (NYSE: TXT) recently reported its Q4 results, with the top line missing and the bottom-line exceeding the street estimates. The company reported revenues of $3.6 billion and adjusted earnings ...

Textron Inc. (TXT) Q4 2024 Earnings Call Transcript
Textron Inc. (NYSE:TXT) Q4 2024 Earnings Call Transcript January 22, 2025 8:00 AM ET Company Participants Dave Rosenberg - VP, IR Scott Donnelly - Chairman and CEO Frank Connor - CFO Conference Call ...

Textron forecasts 2025 profit below estimates; IAM strike dents Q4 jet deliveries
Textron forecast 2025 profit below estimates on Wednesday, after missing quarterly revenue expectations due to the impact of the September strike on its aviation segment and demand softness in its ind...

Textron Reports Fourth Quarter 2024 Results; Announces 2025 Financial Outlook
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported fourth quarter 2024 income from continuing operations of $0.76 per share, as compared to $1.01 per share in the fourth quarte...

Textron: Buy This Overlooked Aviation, Defense, And Industrial Conglomerate
Textron Inc. is a mid-cap blend conglomerate, undervalued and overlooked, offering a potential shelter from overpriced tech stocks, with strong brand awareness. Textron's diverse revenue streams inclu...

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: ...