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Textron Inc. (TXT)

NYSE: TXT · IEX Real-Time Price · USD
75.10 -0.13 (-0.17%)
Dec 8, 2021 4:03 PM EST - Market closed
Market Cap16.55B
Revenue (ttm)12.73B
Net Income (ttm)775.00M
Shares Out220.42M
EPS (ttm)3.40
PE Ratio22.09
Forward PE18.66
Dividend$0.08 (0.11%)
Ex-Dividend DateDec 9, 2021
Volume879,314
Open75.54
Previous Close75.23
Day's Range74.99 - 76.27
52-Week Range44.36 - 78.13
Beta1.74
AnalystsHold
Price Target86.00 (+14.5%)
Earnings DateOct 28, 2021

About TXT

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company's Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as offers maintenance, inspection, and repair services. Its Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. The company's Textron Systems segment offers unmanned aircraft systems, unmanned...

IndustryAerospace & Defense
Founded1923
CEOScott Donnelly
Employees33,000
Stock ExchangeNYSE
Ticker SymbolTXT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for Textron stock is "Hold." The 12-month stock price forecast is 86.00, which is an increase of 14.51% from the latest price.

Price Target
$86.00
(14.51% upside)
Analyst Consensus: Hold

News

Beechcraft Denali Enters Flight Test Phase with Landmark First Flight

WICHITA, Kan.--(BUSINESS WIRE)--The Beechcraft Denali made its first flight Tuesday, beginning the important flight test program for this clean-sheet design aircraft.

2 weeks ago - Business Wire

Spirit, Textron could face big workforce losses over vaccine mandate - Jefferies

Spirit AeroSystems and Textron are likely to be the most hit among major U.S. aerospace and defense companies, as they face the loss of several employees once the mandate requiring federal contractors t...

3 weeks ago - Reuters

Royal Thai Air Force Awards Contract for Fleet of Beechcraft AT-6 Aircraft, Becomes International Launch Customer for...

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense LLC announces $143M contract with Royal Thai Air Force for fleet of Beechcraft AT-6 aircraft.

3 weeks ago - Business Wire

Is Textron (TXT) a Solid Growth Stock? 3 Reasons to Think " Yes "

Textron (TXT) could produce exceptional returns because of its solid growth attributes.

1 month ago - Zacks Investment Research

Textron Q3 Earnings Beat Estimates Aided By 49% Aviation Revenue Growth

Textron Inc. (NYSE: TXT) reported third-quarter FY21 sales growth of 9.3% year-over-year to $2.99 billion, beating the consensus of $2.68 billion. Revenue by segments: Textron Aviation $1.18 billion (+4...

1 month ago - Benzinga

Is Textron (TXT) a Great Value Stock Right Now?

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 v...

1 month ago - Zacks Investment Research

Textron (TXT) Beats on Q3 Earnings, Raises 2021 EPS View

Textron's (TXT) Q3 revenues of $2,990 million miss the Zacks Consensus Estimate by 3.7%. The reported figure, however, increases a solid 9.3% year over year

1 month ago - Zacks Investment Research

Textron (TXT) Q3 Earnings Beat Estimates

Textron (TXT) delivered earnings and revenue surprises of 13.33% and -3.67%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Textron Reports Third Quarter 2021 Results; Raises Full Year EPS and Cash Guidance

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported third quarter 2021 income from continuing operations of $0.82 per share. Adjusted income from continuing operations, a non-GAAP...

1 month ago - Business Wire

Textron Declares Quarterly Dividend

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron announced its quarterly dividend.

1 month ago - Business Wire

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

Textron's (TXT) Q3 results are expected to reflect favorable impacts of product deliveries along with significant innovations.

1 month ago - Zacks Investment Research

Textron (TXT) Soars to 52-Week High, Time to Cash Out?

Textron (TXT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

Textron (TXT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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's (TXT) Unit Launches Two Next-Gen Cessna Aircraft

Textron (TXT) expects to start delivery of these two aircraft, namely Cessna Citation M2 Gen2 and Cessna Citation XLS Gen2 jets by the end of the first and the second quarter of 2022, respectively

1 month ago - Zacks Investment Research

Textron Bags Order From Thrive Aviation; Inks Joint Development Agreement With Xwing

Textron Inc. (NYSE: TXT) subsidiary Textron Aviation received an order from Las Vegas-based private aviation charter operator Thrive Aviation for three additional Cessna Citation Longitude business jets...

1 month ago - Benzinga

Textron Aviation Inks Order From Thrive Aviation for Three Additional Cessna Citation Longitude Jets

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation announces Thrive Aviation has placed an order for three additional Cessna Citation Longitude business jets.

1 month ago - Business Wire

Textron launches two Cessna jets on corporate demand rebound

Textron Inc on Monday launched two Cessna business jets as it looks to tap the corporate travel demand that has rebounded strongly from pandemic lows.

1 month ago - Reuters

Design and Technology Unite in the New Cessna Citation M2 Gen2 and Citation XLS Gen2 Business Jets

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation announces the next generation Cessna Citation M2 Gen2 and Cessna Citation XLS Gen2 business jets.

1 month ago - Business Wire

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 v...

1 month ago - Zacks Investment Research

Textron (TXT) is a Top-Ranked Growth Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

2 months ago - Zacks Investment Research

Textron to Release Third Quarter Results on October 28, 2021

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its third quarter 2021 financial results on Thursday morning, October 28, 2021. Textron will also host a conference call at 8:00 ...

2 months ago - Business Wire

Looking for a Growth Stock? 3 Reasons Why Textron (TXT) is a Solid Choice

Textron (TXT) possesses solid growth attributes, which could help it handily outperform the market.

2 months ago - Zacks Investment Research

Textron's Beechcraft King Air 360/360ER And 260 Aircraft Achieve EASA Certification

Textron Inc's (NYSE: TXT) twin-turboprop models, the Beechcraft King Air 360/360ER and King Air 260, achieved European Aviation Safety Agency (EASA) type certification and will begin deliveries for cust...

2 months ago - Benzinga

Beechcraft King Air 360/360ER and 260 Aircraft Achieve EASA Certification, Paving Way for European Deliveries

WICHITA, Kan.--(BUSINESS WIRE)--The Beechcraft King Air 360/360ER and King Air 260 from Textron Aviation have achieved European Aviation Safety Agency (EASA) type certification.

2 months ago - Business Wire

3 Reasons Why Growth Investors Shouldn't Overlook Textron (TXT)

Textron (TXT) could produce exceptional returns because of its solid growth attributes.

3 months ago - Zacks Investment Research