Textron (NYSE:TXT) Issues Earnings Results

Textron (NYSE:TXT) issued its earnings results on Wednesday. The aerospace company reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07, Zacks reports. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3,778,060 billion. Textron had a net margin of 6.01% and a return on equity of 14.92%. The company’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period last year, the company posted $1.60 earnings per share. Textron updated its FY 2025 guidance to 6.000-6.200 EPS and its FY25 guidance to $6.00-6.20 EPS.

Textron Stock Performance

Shares of NYSE:TXT opened at $78.33 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 0.82. Textron has a 12 month low of $74.89 and a 12 month high of $97.33. The firm has a market capitalization of $14.53 billion, a PE ratio of 18.17, a P/E/G ratio of 1.27 and a beta of 1.27. The business has a 50-day moving average of $80.03 and a two-hundred day moving average of $84.96.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TXT. Citigroup dropped their price target on Textron from $118.00 to $111.00 and set a “buy” rating on the stock in a research note on Tuesday. Morgan Stanley dropped their price objective on shares of Textron from $86.00 to $82.00 and set an “equal weight” rating on the stock in a research note on Thursday. Barclays dropped their target price on Textron from $104.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, December 23rd. Susquehanna reduced their target price on Textron from $100.00 to $90.00 and set a “positive” rating for the company in a research note on Wednesday, January 8th. Finally, TD Cowen raised shares of Textron to a “hold” rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $95.73.

Textron Company Profile

Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The 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.