Textron Inc. (TXT)

NYSE: TXT · IEX Real-Time Price · USD
71.30
+0.44 (0.62%)
Dec 2, 2022 4:04 PM EST - Market closed
0.62%
Market Cap 14.79B
Revenue (ttm) 12.56B
Net Income (ttm) 842.00M
Shares Out 211.53M
EPS (ttm) 3.87
PE Ratio 18.42
Forward PE 16.42
Dividend $0.08 (0.11%)
Ex-Dividend Date Dec 8, 2022
Volume 1,068,252
Open 69.73
Previous Close 70.86
Day's Range 69.67 - 71.34
52-Week Range 57.11 - 79.45
Beta 1.52
Analysts Buy
Price Target 81.96 (+15.0%)
Earnings Date Oct 27, 2022

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]

Industry Aerospace & Defense
Founded 1923
CEO Scott Donnelly
Employees 33,000
Stock Exchange NYSE
Ticker Symbol TXT
Full Company Profile

Financial Performance

In 2021, 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 81.96, which is an increase of 14.95% from the latest price.

Price Target
$81.96
(14.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

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 Gesellschaft ...

3 weeks ago - Business Wire

Textron (TXT) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

Textron's (TXT) total Q3 revenues of $3,078 million miss the Zacks Consensus Estimate by 4%. However, the reported figure increases 2.9% year over year.

1 month ago - Zacks Investment Research

Textron (TXT) Beats Q3 Earnings Estimates

Textron (TXT) delivered earnings and revenue surprises of 12.77% and 4.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Textron Declares Quarterly Dividend

PROVIDENCE, R.I.

1 month ago - Business Wire

Will Mixed Segment Performance Aid Textron's (TXT) Q3 Earnings?

Textron's (TXT) Q3 results are likely to reflect solid commercial deliveries figure. Yet poor helicopter delivery might have hurt performance.

1 month ago - Zacks Investment Research

Textron (TXT) Earnings Expected to Grow: Should You Buy?

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.

1 month ago - Zacks Investment Research

Textron (TXT) Declares Capacity Addition of Parts Distribution

Textron's (TXT) business unit, Textron Aviation, announces the capacity expansion of its parts distribution business. It intends to add 180,000 square feet of additional operational space.

1 month ago - Zacks Investment Research

Business jet demand soaring, thanks to the pandemic

CNBC's Phil LeBeau joins 'Squawk Box' to report on the soaring business jet demand.

Other symbols: GD
1 month ago - CNBC Television

Will Textron Stock See Higher Levels Post Q3 Results?

Textron stock (NYSE: TXT) is scheduled to report its Q3 2022 results on Thursday, October 27.

1 month ago - Forbes

This Aerospace Company Appears To Be A Better Pick Over Textron Stock

While both companies will likely see continued top-line expansion, Howmet Aerospace is expected to outperform.

2 months ago - Forbes

Textron to Release Third Quarter Results on October 27, 2022

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its Third quarter 2022 financial results on Thursday morning, October 27, 2022. Textron will also host a conference call at 8:00 ...

2 months ago - Business Wire

Textron (TXT) Wins Deal to Aid H-1 Light/Attack Helicopter

Textron (TXT) is going to provide the H-1 Light/Attack helicopter with new and modified capabilities.

2 months ago - Zacks Investment Research

Two-Minute Drill: Chevron, Williams-Sonoma and Textron

Christian Ledoux, Captrust, joins 'Closing Bell: Overtime' to discuss the stocks he's watching now: Chevron, Williams-Sonoma and Textron.

Other symbols: CVXWSM
2 months ago - CNBC Television

Arctic Cat chooses Garmin Tread navigators for side-by-side vehicle integration

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN) today announced that Arctic Cat®, Inc., a Textron Inc. (NYSE: TXT) company, one of the most respected names ...

Other symbols: GRMN
3 months ago - Business Wire

Textron (TXT) Unit Wins Deal to Support T-6C Aircraft Program

Textron (TXT) is going to supply three T-6C aircraft along with providing ground support equipment, two spare engines, spare parts and personal life support equipment.

3 months ago - Zacks Investment Research

Here's A Better Pick Over Textron Stock In The Aerospace & Defense Industry

We think that Lockheed Martin stock (NYSE: LMT) is currently a better pick than Textron stock (NYSE: TXT) despite being the more expensive of the two, trading at 1.8x trailing revenues compared to 1.1x ...

3 months ago - Forbes

Kautex Textron GmbH & Co. KG Receives AutomotiveINNOVATIONS Award

BONN, Germany--(BUSINESS WIRE)--Kautex Clear Vision Systems receives prestigious AutomotiveINNOVATIONS Award for its advancement in autonomous drive sensor cleaning technologies

4 months ago - Business Wire

Bell/Textron Says Keeping Future Vertical Lift On Track Is Critical To Renewing The Rotorcraft Industrial Base

Bell says the issue shouldn't be where the job are, but whether the Army and industry stay on the cutting edge of innovation.

4 months ago - Forbes