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Textron (TXT)

(Delayed Data from NYSE)

$89.91 USD

89.91
788,387

+1.14 (1.28%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $89.90 -0.01 (-0.01%) 7:58 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 C Growth B 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 23% (58 out of 251)

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.

Lockheed (LMT) Secures a Deal to Aid H-60 Black Hawk helicopters

Lockheed's (LMT) H-60 fleet of Black Hawk multirole helicopters is a vital asset for the U.S. military and the armed forces of 34 other nations.

Embraer (ERJ) Secures Contract to Deliver 8 E190-E2 Jets

Embraer (ERJ), with its recent order win, is set to provide eight E190-E2 small narrowbody aircraft to Virgin Australia.

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

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.

Embraer (ERJ) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Embraer's (ERJ) second-quarter revenues of $1.49 billion increase 15.5% year over year. The reported figure surpasses the Zacks Consensus Estimate by 6.4%.

Curtiss-Wright (CW) Beats on Q2 Earnings, Hikes '24 Sales View

Curtiss-Wright's (CW) second-quarter earnings and sales surpass the Zacks Consensus Estimate. The company increases its 2024 outlook.

Kratos Defense (KTOS) Q2 Earnings Top, Revenues Rise Y/Y

Kratos Defense's (KTOS) second-quarter revenues of $300.1 million surpass the Zacks Consensus Estimate by 8% and increase 16.8% from the year-ago quarter???s level.

Spirit AeroSystems (SPR) Q2 Loss Widens, Revenues Rise Y/Y

Spirit AeroSystems' (SPR) second-quarter loss widens. However, revenues jump 9.3% year over year, driven by higher production activities of the company's commercial programs.

TransDigm (TDG) Beats on Q3 Earnings, Ups '24 Sales View

TransDigm (TDG) fiscal Q3 sales of $2.05 billion increase 17.3% from the prior-year quarter's reported actuals. The reported figure also beats the Zacks Consensus Estimate by 2.6%.

Leidos Holdings (LDOS) Beats on Q2 Earnings, Ups '24 EPS View

Leidos Holdings' (LDOS) Q2 revenues of $4.13 billion beat the Zacks Consensus Estimate by 2.2%. The top line also improves 7.7% year over year.

L3Harris (LHX) Beats Q2 Earnings Estimates, Hikes '24 EPS View

L3Harris' (LHX) second-quarter earnings top the Zacks Consensus Estimate, while revenues rise year over year. The company increases its 2024 earnings outlook.

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Boeing (BA) Stock Falls 29.5% YTD: What's Next for Its Investors?

Boeing (BA) has been staggering for quite some time at the bourses due to persistent quality control issues with one of its major commercial programs amid soaring demand for its aftermarket services.

RTX Beats Q2 Earnings Estimates, Hikes '24 Sales Guidance

RTX's second-quarter earnings and revenues surpass the Zacks Consensus Estimate. The company has raised its sales and earnings financial outlook for 2024.

Northrop (NOC) Beats on Q2 Earnings, Ups '24 Sales View

Northrop's (NOC) Q2 sales of $10.22 billion outpace the Zacks Consensus Estimate by 1.4%. The top line also rises 6.7% from the year-ago quarter's level.

General Dynamics (GD) Q2 Earnings Lag, Revenues Rise Y/Y

General Dynamics' (GD) Q2 revenues of $11.98 billion beat the Zacks Consensus Estimate by 3.9% and also improved 18% from the prior-year reported figure.

Teledyne's (TDY) Q2 Earnings Top Estimates, Revenues Down Y/Y

Teledyne's (TDY) second-quarter earnings beat the Zacks Consensus Estimate by 2%. However, revenues lag estimates.

Lockheed (LMT) Beats on Q2 Earnings, Ups '24 Sales View

Lockheed (LMT) reports Q2 sales of $18.12 billion, which surpasses the Zacks Consensus Estimate by 6% and increases 8.6% year over year.

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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How to Play Lockheed Martin (LMT) Ahead of Q2 Earnings?

Lockheed Martin (LMT) is less likely to disappoint with its second-quarter results, considering the upward revision in its earnings estimates as well as a positive Earnings ESP.

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.