Textron Inc. [TXT] stock is trading at $86.01, down -1.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The TXT shares have gain 0.10% over the last week, with a monthly amount drifted -1.98%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Textron Inc. [NYSE: TXT] stock has seen the most recent analyst activity on March 08, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $105 from $85. Previously, UBS started tracking the stock with Sell rating on October 11, 2023, and set its price target to $73. On July 06, 2023, Citigroup initiated with a Buy rating and assigned a price target of $90 on the stock. Vertical Research downgraded its rating to a Hold but stick to its price target of $70 on May 24, 2023. Wolfe Research initiated its recommendation with a Peer Perform. In a note dated August 31, 2021, Cowen upgraded an Outperform rating on this stock and boosted its target price from $75 to $95.
Textron Inc. [TXT] stock has fluctuated between $64.62 and $97.33 over the past year. Currently, Wall Street analysts expect the stock to reach $82.5 within the next 12 months. Textron Inc. [NYSE: TXT] shares were valued at $86.01 at the most recent close of the market. An investor can expect a potential drop of -4.08% based on the average TXT price forecast.
Analyzing the TXT fundamentals
Textron Inc. [NYSE:TXT] reported sales of 13.79B for the trailing twelve months, which represents a growth of 3.67%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is -0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 85.44 points at the first support level, and at 84.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.80, and for the 2nd resistance point, it is at 87.59.
Ratios To Look Out For
For context, Textron Inc.’s Current Ratio is 1.68. On the other hand, the Quick Ratio is 0.71, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 2.37 and price to earnings (TTM) ratio is 18.39.
Transactions by insiders
Recent insider trading involved BADER KATHLEEN M, Director, that happened on May 16 ’24 when 11870.0 shares were sold. EVP, General Counsel & Secy, Lupone E Robert completed a deal on Feb 21 ’24 to sell 48825.0 shares. Meanwhile, EVP, General Counsel & Secy Lupone E Robert sold 8380.0 shares on Feb 20 ’24.
