Is Textron Stock a Good Investment?
Textron Investment Advice | TXT |
- Examine Textron's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Textron's leadership team and their track record. Good management can help Textron navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Aerospace & Defense space and any emerging trends that could impact Textron's business and its evolving consumer preferences.
- Compare Textron's performance and market position to its competitors. Analyze how Textron is positioned in terms of product offerings, innovation, and market share.
- Check if Textron pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Textron's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Textron stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Textron is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Textron Stock
Researching Textron's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 87.0% of the company shares are owned by institutional investors. The book value of Textron was at this time reported as 37.47. The company has Price/Earnings To Growth (PEG) ratio of 0.8. Textron last dividend was issued on the 13th of December 2024. The entity had 2:1 split on the 27th of August 2007.
To determine if Textron is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Textron's research are outlined below:
| Textron generated a negative expected return over the last 90 days | |
| Over 87.0% of the company shares are owned by institutional investors | |
| On 1st of October 2024 Textron paid $ 0.02 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: La vente historique du Beechcraft T-6C Texan II renforce le partenariat stratgique mondial entre les tats-Unis et le Vietnam et dfend les intrts amricains dans la rgion Indo-Pacifique |
Textron Quarterly Good Will |
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Textron uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Textron. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Textron's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Textron's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Textron's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2004-04-22 | 2004-03-31 | 0.25 | 0.28 | 0.03 | 12 | ||
2004-10-21 | 2004-09-30 | 0.38 | 0.42 | 0.04 | 10 | ||
2014-07-16 | 2014-06-30 | 0.46 | 0.51 | 0.05 | 10 | ||
2013-04-17 | 2013-03-31 | 0.45 | 0.4 | -0.05 | 11 | ||
2011-07-20 | 2011-06-30 | 0.24 | 0.29 | 0.05 | 20 | ||
2010-10-20 | 2010-09-30 | 0.08 | 0.13 | 0.05 | 62 | ||
2009-01-29 | 2008-12-31 | 0.35 | 0.4 | 0.05 | 14 | ||
2003-07-17 | 2003-06-30 | 0.33 | 0.38 | 0.05 | 15 |
Know Textron's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Textron is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Textron backward and forwards among themselves. Textron's institutional investor refers to the entity that pools money to purchase Textron's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Lsv Asset Management | 2024-09-30 | 4.1 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 3.3 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.8 M | Fmr Inc | 2024-09-30 | 2.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.7 M | Northern Trust Corp | 2024-09-30 | 1.6 M | Brandes Investment Partners & Co | 2024-09-30 | 1.6 M | Aqr Capital Management Llc | 2024-06-30 | 1.5 M | Gamco Investors, Inc. Et Al | 2024-09-30 | 1.5 M | Vanguard Group Inc | 2024-09-30 | 21.6 M | Blackrock Inc | 2024-06-30 | 15.6 M |
Textron's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 15.79 B.Market Cap |
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Textron's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.03 | |
| Return On Capital Employed | 0.10 | 0.11 | |
| Return On Assets | 0.05 | 0.03 | |
| Return On Equity | 0.11 | 0.10 |
Determining Textron's profitability involves analyzing its financial statements and using various financial metrics to determine if Textron is a good buy. For example, gross profit margin measures Textron's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Textron's profitability and make more informed investment decisions.
Textron's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Textron's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Textron. Check Textron's Beneish M Score to see the likelihood of Textron's management manipulating its earnings.
Evaluate Textron's management efficiency
Textron has Return on Asset of 0.0479 % which means that on every $100 spent on assets, it made $0.0479 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.126 %, implying that it generated $0.126 on every 100 dollars invested. Textron's management efficiency ratios could be used to measure how well Textron manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.11 in 2024, whereas Return On Tangible Assets are likely to drop 0.03 in 2024. At this time, Textron's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 6.9 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.3 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.08 | 31.59 | |
| Tangible Book Value Per Share | 20.43 | 21.45 | |
| Enterprise Value Over EBITDA | 9.67 | 7.66 | |
| Price Book Value Ratio | 1.91 | 1.74 | |
| Enterprise Value Multiple | 9.67 | 7.66 | |
| Price Fair Value | 1.91 | 1.74 | |
| Enterprise Value | 11.4 B | 9.4 B |
The management strategies employed by Textron's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Dividend Yield 0.0009 | Forward Dividend Yield 0.0009 | Forward Dividend Rate 0.08 | Beta 1.244 |
Basic technical analysis of Textron Stock
As of the 28th of November, Textron has the Risk Adjusted Performance of (0.03), coefficient of variation of (2,231), and Variance of 2.59. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Textron, as well as the relationship between them.Textron's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Textron insiders, such as employees or executives, is commonly permitted as long as it does not rely on Textron's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Textron insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Textron's Outstanding Corporate Bonds
Textron issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Textron uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Textron bonds can be classified according to their maturity, which is the date when Textron has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| TOPTB 35 17 OCT 49 Corp BondUS88323AAE29 | View | |
| TOPTB 5375 20 NOV 48 Corp BondUS88323AAD46 | View | |
| TOPTB 375 18 JUN 50 Corp BondUS88323AAH59 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| TEXTRON INC 3875 Corp BondUS883203BV22 | View | |
| TEXTRON INC 3375 Corp BondUS883203BY60 | View | |
| TEXTRON INC 365 Corp BondUS883203BX87 | View | |
| TEXTRON INC 4 Corp BondUS883203BW05 | View |
Understand Textron's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Textron's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.2 | |||
| Coefficient Of Variation | (2,231) | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.59 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 9.25 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.86 | |||
| Skewness | (0.16) | |||
| Kurtosis | 3.72 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.2 | |||
| Coefficient Of Variation | (2,231) | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.59 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 9.25 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.86 | |||
| Skewness | (0.16) | |||
| Kurtosis | 3.72 |
Consider Textron's intraday indicators
Textron intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Textron stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 9176.38 | |||
| Daily Balance Of Power | (0.04) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 85.61 | |||
| Day Typical Price | 85.43 | |||
| Price Action Indicator | (0.55) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 55.49 |
Textron Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 1st of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 30th of July 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Textron Stock media impact
Far too much social signal, news, headlines, and media speculation about Textron that are available to investors today. That information is available publicly through Textron media outlets and privately through word of mouth or via Textron internal channels. However, regardless of the origin, that massive amount of Textron data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Textron news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Textron relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Textron's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Textron alpha.
Textron Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Textron can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Textron Historical Investor Sentiment
Investor biases related to Textron's public news can be used to forecast risks associated with an investment in Textron. The trend in average sentiment can be used to explain how an investor holding Textron can time the market purely based on public headlines and social activities around Textron. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Textron's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Textron and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Textron news discussions. The higher the estimate score, the more favorable the investor's outlook on Textron.
Textron Corporate Directors
| Kathleen Bader | Independent Director | Profile | |
| James Conway | Independent Director | Profile | |
| Deborah James | Independent Director | Profile | |
| R Clark | Lead Independent Director | Profile |
Additional Tools for Textron Stock Analysis
When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.