Textron (NYSE:TXT) Releases FY25 Earnings Guidance

Textron (NYSE:TXT - Get Free Report) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $6.00-6.20 for the period, compared to the consensus EPS estimate of $6.24. The company issued revenue guidance of ~$14.7 billion, compared to the consensus revenue estimate of $14.61 billion. Textron also updated its FY 2025 guidance to 6.000-6.200 EPS.

Textron Trading Down 3.5 %

NYSE:TXT traded down $2.80 during trading hours on Wednesday, reaching $78.40. 2,516,294 shares of the stock were exchanged, compared to its average volume of 1,395,345. Textron has a twelve month low of $74.89 and a twelve month high of $97.33. The company has a quick ratio of 0.82, a current ratio of 1.83 and a debt-to-equity ratio of 0.46. The business has a 50-day moving average of $80.37 and a two-hundred day moving average of $85.06. The company has a market capitalization of $14.54 billion, a price-to-earnings ratio of 17.23, a PEG ratio of 1.21 and a beta of 1.27.

Textron (NYSE:TXT - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The aerospace company reported $1.34 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.07. The company had revenue of $3.61 billion during the quarter, compared to analysts' expectations of $3,778,060 billion. Textron had a return on equity of 16.02% and a net margin of 6.30%. Textron's revenue for the quarter was down 7.2% on a year-over-year basis. During the same period last year, the business posted $1.60 EPS. On average, equities analysts predict that Textron will post 5.42 EPS for the current year.

Analysts Set New Price Targets

TXT has been the topic of a number of research reports. Robert W. Baird reduced their target price on shares of Textron from $109.00 to $100.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Citigroup reduced their price objective on Textron from $118.00 to $111.00 and set a "buy" rating on the stock in a research note on Tuesday. TD Cowen upgraded Textron to a "hold" rating in a report on Thursday, December 19th. Barclays cut their price target on Textron from $104.00 to $95.00 and set an "overweight" rating on the stock in a report on Monday, December 23rd. Finally, Vertical Research upgraded Textron from a "hold" rating to a "buy" rating and set a $91.00 price objective for the company in a research note on Monday, January 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, Textron presently has a consensus rating of "Moderate Buy" and an average price target of $97.64.

Textron Company Profile

Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.