Textron Inc. (TXT)

NYSE: TXT · IEX Real-Time Price · USD
74.44
-1.29 (-1.70%)
Feb 3, 2023, 4:04 PM EST - Market closed
-1.7%
Market Cap 15.54B
Revenue (ttm) 12.56B
Net Income (ttm) 842.00M
Shares Out 208.77M
EPS (ttm) 3.87
PE Ratio 19.24
Forward PE 16.56
Dividend $0.08 (0.11%)
Ex-Dividend Date Dec 8, 2022
Volume 1,025,799
Open 75.16
Previous Close 75.73
Day's Range 74.22 - 76.11
52-Week Range 57.11 - 76.11
Beta 1.49
Analysts Buy
Price Target 82.76 (+11.18%)
Earnings Date Jan 25, 2023

About TXT

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. The company's 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. Its Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The company's Textron Systems segment offers unmanned aircraft systems, electronic ... [Read more]

Sector Industrials
Founded 1923
Employees 33,000
Stock Exchange NYSE
Ticker Symbol TXT
Full Company Profile

Financial Performance

In 2022, Textron's revenue was $12.38 billion, an increase of 6.27% compared to the previous year's $11.65 billion. Earnings were $746.00 million, an increase of 141.42%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for TXT stock is "Buy." The 12-month stock price forecast is $82.76, which is an increase of 11.18% from the latest price.

Price Target
$82.76
(11.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Should Value Investors Buy Textron (TXT) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 day ago - Zacks Investment Research

Textron (TXT) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Textron's (TXT) total Q4 revenues of $3,636 million miss the Zacks Consensus Estimate by 0.9%. However, the reported figure increases 9.5% year over year.

1 week ago - Zacks Investment Research

Textron (TXT) Tops Q4 Earnings Estimates

Textron (TXT) delivered earnings and revenue surprises of 7% and 0.93%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Textron Reports Fourth Quarter 2022 Results; Announces 2023 Financial Outlook

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported fourth quarter 2022 income from continuing operations of $1.07 per share, compared with $0.93, or $0.94 per share of adjust...

1 week ago - Business Wire

Will Textron Stock See Higher Levels Post Q4 Results?

We expect TXT stock to trade sideways post-Q4, with its revenue expected to be in line and earnings above the street estimates.

1 week ago - Forbes

This Aerospace & Electronics Company Is A Better Pick Over Textron Stock

Looking at stock returns, Heico, with a 9% rise in the last twelve months, has outperformed Textron, down 10%, and the broader S&P500 index, down 13%.

Other symbols: HEI
2 weeks ago - Forbes

Will Mixed Segmental Results Boost Textron's (TXT) Q4 Earnings?

Textron's (TXT) Q4 results are likely to reflect a solid commercial delivery figure. Yet, weakness in Bell and Textron System is expected to have affected Q4 revenue performance.

2 weeks ago - Zacks Investment Research

Textron Announces Lisa Atherton as COO of Bell; Tom Hammoor as President & CEO of Textron Systems

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today announced that Lisa Atherton, the president & CEO of the Textron Systems segment, has been named to a new role as chief operating of...

2 weeks ago - Business Wire

Textron (TXT) Reports Next Week: Wall Street Expects Earnings Growth

Textron (TXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Textron (TXT) Achieves Milestone for Its Cessna Aircraft

Textron (TXT) announces achieving a milestone in the Cessna Caravan family turboprop by delivering its 3000th aircraft to Azul Conecta.

2 weeks ago - Zacks Investment Research

Bell-Boeing Secures Contract to Support V-22 Aircraft Program

Bell-Boeing, a joint venture (JV) between Boeing (BA) and Bell Helicopter - a unit of Textron (TXT) - offers continued flight test support for the V-22 aircraft.

Other symbols: BA
3 weeks ago - Zacks Investment Research

Textron Aviation Delivers 3,000th Cessna Caravan Family Aircraft; Grand Caravan EX Joins Azul Conecta Airline Fleet in Brazil

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced it has delivered a Cessna Grand Caravan EX to Brazilian aviation company Azul Conecta, a subsidiary of Azul Airlines based at the air...

3 weeks ago - Business Wire

Textron to Release Fourth Quarter Results on January 25, 2023

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2022 financial results on Wednesday morning, January 25, 2023.

1 month ago - Business Wire

Kautex Textron GmbH & Co. KG Receives A- Climate Change Score from CDP

BONN, Germany--(BUSINESS WIRE)--Kautex Textron GmbH & Co. KG (Kautex), a Textron Inc. (NYSE: TXT) company, announced it has received an “A-” Climate Change rating from CDP, a non-profit organization...

1 month ago - Business Wire

Textron's (TXT) Unit Wins $12.5M Deal for the AT-6 Jet Program

Textron's (TXT) business unit, Textron Aviation, is set to procure AT-6 aircraft components.

1 month ago - Zacks Investment Research

Textron (TXT) Secures $1.4B Army Deal for FLRAA Program

Textron's (TXT) Bell is going to build the Future Long Range Assault Aircraft (FLRAA) for the U.S. Army.

2 months ago - Zacks Investment Research

Textron Elects Thomas A. Kennedy to Board of Directors

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) announced that Thomas A. Kennedy has been elected to the company's Board of Directors, effective January 1, 2023. Kennedy retired in June ...

2 months ago - Business Wire

Bell-Boeing Secures $75M Contract to Support CV-22 Aircraft

Bell-Boeing, a joint venture between Boeing (BA) and Bell Helicopter, a unit of Textron (TXT), is set to procure 12 Nacelle improvements kits and interim spares for CV-22 jets

Other symbols: BA
2 months ago - Zacks Investment Research

U.S. army picks Textron over Lockheed Martin for a big contract

Textron Inc (NYSE: TXT) opened nearly 10% up on Tuesday after the U.S. army picked the Bell V-280 Valor as its future long-range assault aircraft (FLRAA). Army wants to retire Black Hawks The U.S. arm...

2 months ago - Invezz

Textron Wins $80 Billion U.S. Army Helicopter Contract. Stock Soars.

The defense company beat a joint bid from Boeing and Lockheed Martin to clinch the deal.

2 months ago - Barrons

Textron stock jumps after Army contract win that takes a 'key risk' off the table

Shares of Textron Inc. TXT, -1.96% were rising about 9% in premarket trading Tuesday after the company announced that its Bell business won a U.S. Army development contract for the Future Long-Range A...

2 months ago - Market Watch

Textron Wins $80 billion Army Helicopter Contract. Shares Soar.

The defense company beat a joint bid from Boeing and Lockheed Martin to clinch the deal.

2 months ago - Barrons

Textron's Bell V-280 Valor Chosen as New U.S. Army Long-Range Assault Aircraft

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc (NYSE: TXT) announced today that Bell Textron Inc., a Textron company, has been awarded the development contract for the U.S. Army's Future Long-Range ...

2 months ago - Business Wire

Kautex Textron GmbH & Co. KG Receives Internationale Gesellschaft für Kunststofftechnik, SPE Central Europe Automotive Award

BONN, Germany--(BUSINESS WIRE)--Kautex Textron GmbH & Co., KG (Kautex), a Textron Inc. (NYSE: TXT) company, announced it has received an Automotive Division Award from the Internationale Gesellschaf...

3 months ago - Business Wire