A share price of Textron Inc [TXT] is currently trading at $75.17, up 0.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TXT shares have gain 0.98% over the last week, with a monthly amount glided 2.64%, and 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 24, 2025, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $85 from $110. Previously, Vertical Research upgraded its rating to Buy on January 06, 2025, and kept the price target unchanged to $91. On September 25, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $95 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight but stick to its price target of $95 on August 08, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $105 on March 08, 2024. UBS started tracking with a Sell rating for this stock on October 11, 2023, and assigned it a price target of $73. In a note dated July 06, 2023, Citigroup initiated an Buy rating and provided a target price of $90 on this stock.
Textron Inc experienced fluctuations in its stock price throughout the past year between $70.14 and $97.33. Currently, Wall Street analysts expect the stock to reach $95 within the next 12 months. Textron Inc [NYSE: TXT] shares were valued at $75.17 at the most recent close of the market. An investor can expect a potential return of 26.38% based on the average TXT price forecast.
Analyzing the TXT fundamentals
Trailing Twelve Months sales for Textron Inc [NYSE:TXT] were 13.70B which represents -7.17% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -0.14%, 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 0.12 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
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 74.73 points at the first support level, and at 74.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.55, and for the 2nd resistance point, it is at 75.93.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Textron Inc [NYSE:TXT] is 1.63. In addition, the Quick Ratio stands at 0.70 and the Cash Ratio stands at 1.47. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 17.39.
Transactions by insiders
Recent insider trading involved Bamford Mark S, VP & Corporate Controller, that happened on Feb 24 ’25 when 5451.0 shares were sold. VP & Corporate Controller, Bamford Mark S completed a deal on Feb 25 ’25 to sell 2000.0 shares. Meanwhile, Director BADER KATHLEEN M sold 11870.0 shares on May 16 ’24.
