Textron Inc [TXT] stock is trading at $78.04, up 1.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TXT shares have gain 3.49% over the last week, with a monthly amount drifted -4.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Textron Inc [NYSE: TXT] stock has seen the most recent analyst activity on January 06, 2025, when Vertical Research upgraded its rating to a Buy but kept the price target unchanged to $91 for it. Previously, TD Cowen downgraded its rating to Hold on September 25, 2024, and dropped its price target to $95. On August 08, 2024, downgrade downgraded it’s rating to Equal-Weight but maintained its price target of $95 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $105 on March 08, 2024. UBS initiated its recommendation with a Sell and recommended $73 as its price target on October 11, 2023. Citigroup started tracking with a Buy rating for this stock on July 06, 2023, and assigned it a price target of $90. In a note dated May 24, 2023, Vertical Research downgraded an Hold rating on this stock but restated the target price of $70.
Textron Inc [TXT] stock has fluctuated between $74.89 and $97.33 over the past year. Currently, Wall Street analysts expect the stock to reach $93 within the next 12 months. Textron Inc [NYSE: TXT] shares were valued at $78.04 at the most recent close of the market. An investor can expect a potential return of 19.17% based on the average TXT price forecast.
Analyzing the TXT fundamentals
Textron Inc [NYSE:TXT] reported sales of 13.98B for the trailing twelve months, which represents a growth of 2.51%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is -0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
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 77.29 points at the first support level, and at 76.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.49, and for the 2nd resistance point, it is at 78.93.
Ratios To Look Out For
For context, Textron Inc’s Current Ratio is 1.70. As well, the Quick Ratio is 0.68, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.04, the price to book ratio is 2.08 and price to earnings (TTM) ratio is 17.10.
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.
