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Textron Inc. (TXT)

Stock Price: $68.08 USD 0.77 (1.14%)
Updated May 7, 2021 4:00 PM EDT - Market closed
Market Cap 15.33B
Revenue (ttm) 11.75B
Net Income (ttm) 430.00M
Shares Out 226.28M
EPS (ttm) 1.88
PE Ratio 36.23
Forward PE 22.88
Dividend $0.08
Dividend Yield 0.12%
Trading Day May 7
Last Price $68.08
Previous Close $67.31
Change ($) 0.77
Change (%) 1.14%
Day's Open 66.65
Day's Range 66.01 - 68.18
Day's Volume 1,350,235
52-Week Range 21.88 - 68.18

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First-quarter results provide reason for investors to hope the worst is over.

3 days ago - The Motley Fool

After gaining 37% this year, the shares of Textron (NYSE: TXT) have surpassed pre-Covid levels despite an ongoing slump in the aviation industry. The company's Aviation segment, which contributes almost...

4 days ago - Forbes

Textron's (TXT) Q1 revenues of $2,879 million beat the Zacks Consensus Estimate by 5% and improve 3.7% year over year

1 week ago - Zacks Investment Research

Textron (TXT) delivered earnings and revenue surprises of 48.94% and 5.05%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Business jet maker Textron Inc said its quarterly profit tripled on higher demand for Bell helicopters and specialized vehicles.

1 week ago - Reuters

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported first quarter 2021 net income of $0.75 per share. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAA...

1 week ago - Business Wire

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 J...

1 week ago - Business Wire

Textron's (TXT) Q1 results are expected to reflect poor performance of the Bell segment that has been witnessing dismal performance in its commercial business.

1 week ago - Zacks Investment Research

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 Inc. (NYSE: TXT) is poised to benefit from an improvement in the Bizjet market as the COVID-19 pandemic subsides, while risks to the company's two FVL (future vertical lift) programs seem lower ...

2 weeks ago - Benzinga

The rugged single-engine turboprop Cessna Caravan will soon be joined by a new short-haul freighter, the larger twin-engine SkyCourier 408 from Cessna parent, Textron Aviation. Like the Caravan, it wi...

3 weeks ago - Forbes

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announces a special edition 75th anniversary option for its Beechcraft Bonanza G36 single-engine piston aircraft.

3 weeks ago - Business Wire

Textron's (TXT) Aviation segment is going to offer sustaining engineering services for the T-6 aircraft.

3 weeks ago - Zacks Investment Research

Wheels Up, Textron CEOs on adding helicopters to Wheels Up fleet

YouTube video

Wheels Up CEO Kenny Dichter and Textron CEO Scott Donnelly joined "Squawk Box" on Friday to discuss the two companies teaming up to add helicopters to Wheels Up's fleet.

4 weeks ago - CNBC Television

NEW YORK, April 9, 2021 /PRNewswire/ -- Wheels Up, the leading brand in private aviation, today announces an initiative with Bell Textron, a Textron Inc. (NYSE: TXT) company, to lead the industry both i...

4 weeks ago - PRNewsWire

Textron Inc. (NYSE: TXT) seems poised to benefit from improvement in the business jet market and the industrial and commercial helicopter segments, according to Goldman Sachs. The Textron Analyst: Noah ...

4 weeks ago - Benzinga

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its first quarter 2021 financial results on Thursday morning, April 29, 2021. Textron will also host a conference call at 8:00 a....

1 month ago - Business Wire

There's more to Textron than bizjets.

1 month ago - Forbes

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation launches Special Olympics Airlift in support of providing athletes & coaches transportation to the 2022 Special Olympics USA Games.

1 month ago - Business Wire

As the shares of Textron and other defense contractors recover to pre-Covid levels, the shares of Axon Enterprise, manufacturer of the popular Taser gun, have been rallying since February 2020. Consider...

1 month ago - Forbes

Let's see if Textron (TXT) stock is a good choice for value-oriented investors right now from multiple angles.

2 months ago - Zacks Investment Research

4 Aerospace-Defense Stocks to Watch as Low Air Traffic Concerns Loom

Other stocks mentioned: BA, GD, HII, LDOS, LHX, LMT, NOC
2 months ago - Zacks Investment Research

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron today declared a quarterly dividend

2 months ago - Business Wire

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation delivered nearly 560 aircraft to customers worldwide, leading the GAMA annual shipments and billings report.

2 months ago - Business Wire

According to the GuruFocus All-In-One Screener, a Premium feature, the following defensive companies were trading with low price-sales ratios as of Feb. 3.

Other stocks mentioned: GD, LHX, LMT, NOC
3 months ago - GuruFocus

One would think that increased interest in private air travel would be a boon for new business jet sales. Here's why it hasn't been (yet).

3 months ago - Forbes

The shares of Textron Inc. have recovered to pre-Covid levels despite the company reporting weak third-quarter numbers and a grim near-term outlook. As Textron stock gained 50% since November, the share...

Other stocks mentioned: LMT
3 months ago - Forbes

Textron Inc. (TXT) CEO Scott Donnelly on Q4 2020 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

Textron's (TXT) Q4 revenues of $3,667 million surpass the Zacks Consensus Estimate by 5.7%.

3 months ago - Zacks Investment Research

Shares of Textron (NYSE:TXT) decreased 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 4.50% over the past year to $1.06, which beat the estim...

3 months ago - Benzinga

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported fourth quarter 2020 net income of $1.03 per share. Adjusted net income, a non-GAAP measure that is defined and reconciled to GA...

3 months ago - Business Wire

Textron's (TXT) Q4 results are expected to reflect poor performance of the Bell segment that has been witnessing dismal performance in its commercial business.

3 months ago - Zacks Investment Research

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2020 financial results on Wednesday morning, January 27, 2021. Textron's 2020 fiscal year ended on January 2, ...

4 months ago - Business Wire

Up more than 30% since the company reported its 3Q20 earnings on Oct 29. In the running to supply South Korea AH-17 attack helicopters as the country's Marine Corps plans to launch an aviation program i...

4 months ago - Seeking Alpha

After losing more than 50% of their value in March, the shares of Textron (NYSE: TXT) have completely recovered in recent weeks. The 24% revenue contribution by the U.S. government and positive operatin...

4 months ago - Forbes

ITT's business arm, Enidine, will collaborate with Bell Textron to produce Bell LIVE unit for the Bell 360 Invictus project.

Other stocks mentioned: ITT
5 months ago - Zacks Investment Research

WICHITA, Kan.--(BUSINESS WIRE)--An exciting new era for the renowned Beechcraft King Air 200 series aircraft with the introduction of the Beechcraft King Air 260 turboprop.

5 months ago - Business Wire

Cessna business jet maker Textron Inc said on Wednesday it has agreed to sell a portion of its flight simulation and training business to Canada's CAE Inc for $40 million in cash.

5 months ago - Reuters

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron announces its TRU Simulation + Training Inc. subsidiary reaches a definitive agreement to sell certain of its non-U.S. businesses to CAE Inc.

5 months ago - Business Wire

In this article we will list the top 11 largest aerospace companies in the US. Click to skip ahead and see the top 5 largest aerospace companies in the US .

Other stocks mentioned: LHX, BA, GD, GE, HON, LMT, NOC ...
5 months ago - Insider Monkey

It's been a tough couple of years for Textron investors. The latest quarter suggests the worst might be over.

5 months ago - The Motley Fool

Textron Inc. said Monday that it believes a "purported tender offer" by Xcalibur Aerospace Ltd. to buy its common stock is "fictitious" and is being made in violation of U.S. securities laws.

5 months ago - Market Watch

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE:TXT) today responded to a purported tender offer by Xcalibur Aerospace Ltd. to acquire Textron's common stock. Textron believes that the purported t...

5 months ago - Business Wire

Could a COVID-19 vaccine help boost business jet sales?

5 months ago - The Motley Fool

Textron Inc. (TXT) CEO Scott Donnelly on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Teaser: Textron (TXT) Q3 revenues of $2,735 million miss the Zacks Consensus Estimate by 3.1% and decrease 16.1%

6 months ago - Zacks Investment Research

Textron (TXT) delivered earnings and revenue surprises of 51.43% and -3.09%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported third quarter 2020 net income of $0.50 per share, compared to $0.95 per share in the third quarter of 2019. Adjusted net income...

6 months ago - Business Wire

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 J...

6 months ago - Business Wire

Textron's (TXT) dismal delivery figures in majority of segments are likely to have negatively impacted its third-quarter revenues.

6 months ago - Zacks Investment Research

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... [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 2020, Textron's revenue was $11.65 billion, a decrease of -14.52% compared to the previous year's $13.63 billion. Earnings were $309.00 million, a decrease of -62.09%.

Financial Statements

Analyst Forecasts

According to 12 analysts, the average rating for Textron stock is "Hold." The 12-month stock price forecast is 69.67, which is an increase of 2.34% from the latest price.

Price Target
$69.67
(2.34% upside)
Analyst Consensus: Hold