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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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

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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.

Reasons to Add Textron (TXT) to Your Portfolio Right Now

by Zacks Equity Research

Textron (TXT) makes a strong case for investment in the aerospace market, given its positive estimate revision, strong financial position, stable ROE and strong backlog.

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

by Zacks Equity Research

Northrop (NOC) is set to offer maintenance support equipment for the E-2D Hawkeye aircraft system.

Lockheed (LMT) Wins $2.77B Deal for CH-53K Aircraft Production

by Zacks Equity Research

Lockheed's (LMT) arm, Sikorsky, secures a $2.77 billion modification contract for production and services for 35 CH-53K aircraft.

4 Reasons to Add CurtissWright (CW) to Your Portfolio Now

by Zacks Equity Research

CurtissWright (CW) makes a strong case for investment in the aerospace market, given its positive estimate revision, strong earnings surprise history and stable ROE.

Boeing (BA) Secures Order for 12 Dreamliner Jets From Qantas

by Zacks Equity Research

Boeing (BA) grabs an order from the Australian carrier, Qantas, for four 787-9 and eight 787-10 jets.

Embraer (ERJ) Secures Approval for E195-E2 Aircraft in China

by Zacks Equity Research

Embraer (ERJ) secures the Type Certificate from the CAAC for its E195-E2 jets.

Lockheed (LMT) Wins $607M Deal to Aid F-35 Fighter Jets

by Zacks Equity Research

Lockheed (LMT) is set to procure long lead time materials, parts, components, and efforts to support maintaining on-time production and delivery of 173 of F-35 jets from the 19th lot.

Lockheed (LMT) Wins $347M Deal to Aid F-35 Aircraft

by Zacks Equity Research

Lockheed (LMT) is set to procure helmet mounted display system requirements to support F-35 fighter jets.

Boeing (BA) Wins Contract to Support CH-47F Block II Helicopter

by Zacks Equity Research

Boeing (BA) secures an $11.6-million modification contract to provide systems support for the CH-47F Block II.

Lockheed (LMT) Wins $622M Deal for F-35 Fighter Aircraft

by Zacks Equity Research

Lockheed (LMT) secures a $622.4 million contract to provide support services to Germany for the F-35 Fighter Aircraft.

Are Aerospace Stocks Lagging Textron (TXT) This Year?

by Zacks Equity Research

Here is how Textron (TXT) and VirTra, Inc. (VTSI) have performed compared to their sector so far this year.

Are Investors Undervaluing Textron (TXT) Right Now?

by Zacks Equity Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Boeing (BA) Wins Contract to Support E6B Aircraft Program

by Zacks Equity Research

Boeing (BA) is set to repair the E6B jet, which is a dual-mission aircraft.

If You Invested $1000 in Textron a Decade Ago, This is How Much It'd Be Worth Now

by Zacks Equity Research

Holding on to popular or trending stocks for the long-term can make your portfolio a winner.

Benjamin Rains headshot

3 Under-the-Radar Large-Cap Stocks to Buy in August

by Benjamin Rains

Diving into three somewhat under-the-radar large-cap stocks that all reported upbeat quarterly results already that investors might want to buy as we head into August.

Textron (TXT) Q2 Earnings Beat Estimates,'23 EPS View Raised

by Zacks Equity Research

Textron's (TXT) Q2 revenues of $3,424 million surpass the Zacks Consensus Estimate by 1%. Moreover, the reported figure increases 8.6% from the year-ago quarter's tally.

Textron (TXT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

by Zacks Equity Research

While the top- and bottom-line numbers for Textron (TXT) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Textron (TXT) Surpasses Q2 Earnings and Revenue Estimates

by Zacks Equity Research

Textron (TXT) delivered earnings and revenue surprises of 21.67% and 1.02%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

L3Harris (LHX) Q2 Earnings and Revenues Beat Estimates

by Zacks Equity Research

L3Harris (LHX) delivered earnings and revenue surprises of 1.02% and 7.53%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Leidos (LDOS) Q2 Earnings Expected to Decline

by Zacks Equity Research

Leidos (LDOS) 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.

Is Textron (TXT) Stock Undervalued Right Now?

by Zacks Equity Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Raytheon Technologies (RTX) Q2 Earnings Top, Sales View Raised

by Zacks Equity Research

Raytheon Technologies' (RTX) Q2 sales of $18,315 million beat the Zacks Consensus Estimate by 4.4%. The figure also rose 12.3% from $16,314 million recorded in the year-ago quarter.

Will Segmental Sales Aid Textron's (TXT) Earnings in Q2?

by Zacks Equity Research

Textron's (TXT) Q2 results are likely to reflect a solid revenue performance across all business units, which may have aided the overall results of the company.

Textron (TXT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

by Zacks Equity 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.

Lockheed (LMT) Beats on Q2 Earnings, Ups '23 Sales View

by Zacks Equity Research

Lockheed's (LMT) Q2 net sales amounted to $16.69 billion, which surpassed the Zacks Consensus Estimate by 5.2%. The top line rose 8.1% from the year-ago quarter's level.