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Textron (TXT)

(Delayed Data from NYSE)

$90.33 USD

90.33
1,458,066

-2.29 (-2.47%)

Updated Jul 19, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 30% (76 out of 250)

Industry: Aerospace - Defense

Better trading starts here.

Zacks News

Textron Inc., incorporated in 1923, is a global multi-industry company that manufactures aircraft, automotive engine components and industrial tools. It also offers solutions and services for aircraft, fastening systems, and industrial products and components. Its products include commercial and military helicopters, light- and mid-size business jets, plastic fuel tanks, automotive trim products, golf carts and utility vehicles, turf-car equipment, industrial pumps and gears, engineered fastening systems and solutions, and other industrial products. It is also a commercial finance company in select markets. Textron is known globally for its most recognizable and valuable brand names, such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, E-Z-GO and Greenlee. Textron operates through five segments – Bell, Textron Systems, Textron Aviation, Industrial and Finance.

Hexcel's (HXL) Q2 Earnings Increase Y/Y, Sales View Lowered

Hexcel's (HXL) second-quarter revenues improve year over year by 10.1%. However, the company lowers its sales and earnings 2024 outlook.

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Company News for Jul 19, 2024

Companies in The News Are: TXT,DHI,CTAS,MTB

AAR (AIR) Q4 Earnings Surpass Estimates, Sales Rise Y/Y

AAR's (AIR) fourth-quarter fiscal 2024 net sales of $656.5 million misses the Zacks Consensus Estimate by 0.6% but increases 18.7% from the year-ago quarter???s level.

Textron's (TXT) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Textron's (TXT) second-quarter earnings beat the Zacks Consensus Estimate by 3.4%. The company's 2024 earnings outlook remains the same.

Textron (TXT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for Textron (TXT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Textron (TXT) Q2 Earnings Top Estimates

Textron (TXT) delivered earnings and revenue surprises of 3.36% and 0.63%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Boeing (BA) Wins Order to Supply 5 777 Freighters to Emirates

Boeing (BA) receives an order to deliver five 777 Freighters from Emirates SkyCargo.

Lockheed Martin (LMT) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Lockheed (LMT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Segment Sales Boost Textron's (TXT) Q2 Earnings?

Textron's (TXT) Q2 results are likely to gain from its solid performance in the majority of its business segments, driven by higher sales volumes.

Lockheed Martin (LMT) Wins $252M Deal for UH-60M Helicopter

Lockheed's (LMT) UH-60M Black Hawk helicopters are used for multiple purposes, ranging from delivering and extracting troops, saving lives to performing as an aerial firefighter

Boeing (BA) Q2 Commercial Deliveries Plunge 32% Y/Y, Lag Airbus

Boeing's (BA) second-quarter total deliveries total 120 units compared with 174 in the year-ago period. Airbus delivers 181 commercial aircraft in the second quarter.

Lockheed (LMT) Wins $520M Deal to Aid F-16 Block 70/72 Jet

Lockheed's (LMT) F-16 Block 70/72 comes with next-generation capabilities like high-resolution Center Pedestal Display and Northrop's 5th generation APG-83 AESA radar.

Northrop (NOC) Secures a Contract to Aid E-2D Hawkeye Jet Program

Northrop (NOC) is set to procure four E-2D rotodome spares for enhancing the E-2D advance capabilities used on the E-2D Advanced Hawkeye jets.

Here's Why Textron (TXT) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Boeing (BA) Wins $115M Deal to Aid MH-47G Helicopter Program

Boeing (BA) is set to procure MH-47G renew build rotary helicopter for the U.S. Special Operations Command (USSOCOM).

Northrop (NOC) Wins Contract to Support E-2D Hawkeye Jets

Northrop (NOC) is set to manufacture and supply 12 motor controllers, 13 n-voice and data recorders, and 12 standard automatic flight control systems to support E-2D Hawkeye jets.

Why This 1 Value Stock Could Be a Great Addition to Your Portfolio

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

Boeing (BA) Wins $128M Contract to Aid CH-47 Chinook Helicopter

Boeing (BA) is set to procure sustainment parts for CH-47 aircraft.

General Dynamics (GD), Partner Win $1.9B Deal for Combat Vehicles

General Dynamics' (GD) Land Systems unit, along with its partner Marchall Canada JV, is set to supply more than 1,000 light trucks and 500 heavy trucks to the Canadian Armed Forces.

Northrop (NOC) Wins $119M Contract to Aid E-2 Hawkeye Jet Program

Northrop (NOC) is set to provide long-term, requirements contract for the repair of 17 weapon replaceable assemblies and shop replaceable assemblies to support the E-2 Hawkeye jets.

Textron (TXT) Secures a Contract to Aid T-6C Training Aircraft

Textron (TXT) is set to exercise options for the procurement of support and supply of an additional three T-6C aircraft.

Zacks Industry Outlook Highlights Safran, Leidos Holdings and Textron

Safran, Leidos Holdings and Textron are part of the Zacks Industry Outlook article.

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3 Aerospace-Defense Stocks to Watch Amid Rising Air Passenger View

Improving air passenger traffic and rising U.S. defense funding are expected to bolster the aerospace-defense industry, amid lingering supply-chain issues. You may keep an eye on SAFRY, LDOS & TXT.

Northrop (NOC) Wins a Deal to Aid Its E-2D Advanced Hawkeye Jet

Northrop (NOC) is set to provide continued fabrication and installation support to include Tactical Targeting Network Technology and the Beyond Line of Sight for the E-2D Hawkeye aircraft.