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Textron Inc. (TXT)

Stock Price: $68.03 USD -0.13 (-0.19%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
Market Cap 15.35B
Revenue (ttm) 11.75B
Net Income (ttm) 430.00M
Shares Out 226.28M
EPS (ttm) 1.88
PE Ratio 36.21
Forward PE 23.20
Dividend $0.08
Dividend Yield 0.12%
Trading Day July 23
Last Price $68.03
Previous Close $68.16
Change ($) -0.13
Change (%) -0.19%
Day's Open 68.75
Day's Range 67.62 - 68.91
Day's Volume 711,646
52-Week Range 31.79 - 70.66

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Textron Inc. (NYSE: TXT) announced that Surf Air Mobility had signed a purchase agreement with Textron Aviation for up to 150 Cessna Grand Caravan EX single-engine turboprop aircraft, with an initial fl...

4 days ago - Benzinga

WICHITA, Kan.--(BUSINESS WIRE)--Order for up to 150 Cessna Grand Caravan EX aircraft will aid Surf Air Mobility in accelerating electrified commercial travel.

5 days ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc., a company accelerating the adoption of electric regional air travel, today announced an exclusive relationship with Textron Aviation Inc., a Textron...

5 days ago - Business Wire

CAE is making systematic investments for further development of aviation technologies that are set to assist it to retain strong market share in the aviation technology space in future.

Other stocks mentioned: CAE, LMT, NOC
1 week ago - Zacks Investment Research

Morgan Stanley analyst Kristine Liwag released a research note on the aerospace and defense industry, highlighting three companies to own going into earnings season: Transdigm Group, Inc. (NYSE:TDG)

Other stocks mentioned: TDG, NOC
1 week ago - Benzinga

WICHITA, Kan.--(BUSINESS WIRE)--The Cessna Citation Longitude has achieved certification from EASA, clearing the way for customer deliveries to begin in the region.

1 week ago - Business Wire

4 Aerospace-Defense Stocks to Buy as Air Traffic Outlook Improves

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

The shares of Textron (NYSE: TXT) have been surging ahead in recent weeks despite expectations of slow growth in the commercial airline industry. Notably, the company's business from commercial customer...

2 weeks ago - Forbes

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

3 weeks ago - Business Wire

Stocks were mostly higher in midday Tuesday trading, after both the S&P 500 and the Nasdaq closed at record highs on Monday.

Other stocks mentioned: TSLA
3 weeks ago - 24/7 Wall Street

AUGUSTA, Ga., June 29, 2021 /PRNewswire/ -- E-Z-GO will again be the ride of choice for "Capital One's The Match," the Emmy-winning series of televised live golf competitions that pit golf icons and pro...

3 weeks ago - PRNewsWire

The shares of Textron Inc (NYSE:TXT) are up 3.9% at $69.80 this morning after Morgan Stanley upgraded the aerospace and defense concern to "overweight" from "equal weight," and lifted its price target t...

Other stocks mentioned: MS
3 weeks ago - Schaeffers Research

Q2 earnings of the Zacks Aerospace sector are expected to witness 160% year-over-year growth on 14.1% revenue rise. You may consider buying stocks like TDY, MOG.A, TXT, and VTSI.

Other stocks mentioned: BA, LMT, RTX, TDY, VTSI
1 month ago - Zacks Investment Research

WICHITA, Kan.--(BUSINESS WIRE)--Peyton Manning has signed on as honorary chair of the 2022 Special Olympics Airlift.

1 month ago - Business Wire

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned industrial companies have outperformed the S&P 500 Index over the past 12 months through June 8.

Other stocks mentioned: AAL, HWM, PWR, SNA
1 month ago - GuruFocus

Textron (TXT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

We've transitioned from a market anticipating a recovery to one where we're actually recovering. These tech stocks are great choices.

Other stocks mentioned: DELL, INFY, LOGI, STX, TSM, WIT
1 month ago - InvestorPlace

The Pentagon is shopping for a propeller-powered military aircraft.

Other stocks mentioned: LDOS, LHX
2 months ago - The Motley Fool

When screening the market for bargains, investors may want to consider the following three companies, as their stocks have low price-to-median-price-sales values when compared to the average of the S&P ...

Other stocks mentioned: CCK, FBHS
2 months ago - GuruFocus

General Dynamics will probably win -- but what if it doesn't?

Other stocks mentioned: ESLT, GD, SAIC
2 months ago - The Motley Fool

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.

2 months ago - Zacks Investment Research

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

2 months 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...

2 months 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

2 months 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?

2 months ago - Zacks Investment Research

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

2 months 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...

2 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...

2 months 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.

2 months 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.

3 months 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 ...

3 months 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 months 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 months ago - Business Wire

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

3 months 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.

3 months 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...

3 months 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 ...

3 months 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....

3 months ago - Business Wire

There's more to Textron than bizjets.

3 months 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.

4 months 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...

4 months ago - Forbes

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

4 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
4 months ago - Zacks Investment Research

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

5 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.

5 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
5 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).

5 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
5 months ago - Forbes

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

5 months ago - Seeking Alpha

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

5 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 76.18, which is an increase of 11.98% from the latest price.

Price Target
$76.18
(11.98% upside)
Analyst Consensus: Hold