Textron (NYSE:TXT - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $3.26 billion for the quarter. Textron has set its FY 2025 guidance at 6.000-6.200 EPS and its FY25 guidance at $6.00-6.20 EPS.
Textron (NYSE:TXT - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The aerospace company reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.07. Textron had a return on equity of 14.92% and a net margin of 6.01%. The company had revenue of $3.61 billion for the quarter, compared to analysts' expectations of $3.78 billion. During the same period in the previous year, the firm earned $1.60 EPS. The firm's revenue was down 7.2% compared to the same quarter last year. On average, analysts expect Textron to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Textron Price Performance
TXT traded up $0.93 during trading on Tuesday, reaching $65.51. 2,352,821 shares of the company traded hands, compared to its average volume of 1,196,473. The company has a market cap of $11.90 billion, a P/E ratio of 15.20, a PEG ratio of 1.18 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.84 and a current ratio of 1.76. Textron has a 12-month low of $57.70 and a 12-month high of $95.86. The firm has a fifty day simple moving average of $70.51 and a 200 day simple moving average of $77.42.
Textron Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date of this dividend was Friday, March 14th. Textron's payout ratio is 1.86%.
Analyst Upgrades and Downgrades
TXT has been the subject of a number of research analyst reports. Citigroup decreased their price objective on shares of Textron from $111.00 to $107.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Barclays cut their price objective on Textron from $104.00 to $95.00 and set an "overweight" rating on the stock in a report on Monday, December 23rd. JPMorgan Chase & Co. dropped their price target on shares of Textron from $90.00 to $88.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Robert W. Baird decreased their price target on shares of Textron from $100.00 to $92.00 and set an "outperform" rating on the stock in a research note on Thursday, January 23rd. Finally, Bank of America cut shares of Textron from a "buy" rating to a "neutral" rating and reduced their target price for the company from $110.00 to $85.00 in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat, Textron has a consensus rating of "Hold" and a consensus target price of $89.30.
Get Our Latest Research Report on TXT
Insider Buying and Selling at Textron
In other news, VP Mark S. Bamford sold 5,451 shares of Textron stock in a transaction on Monday, February 24th. The stock was sold at an average price of $72.68, for a total transaction of $396,178.68. Following the completion of the transaction, the vice president now owns 18,223 shares of the company's stock, valued at $1,324,447.64. The trade was a 23.03 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.70% of the company's stock.
About Textron
(
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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.
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