Textron Inc

Company Profile

Textron Inc had its IPO on 1984-10-24 under the ticker symbol TXT.

The company operates in the Industrials sector and Aerospace & Defense industry. Textron Inc has a staff strength of 34,000 employees.

Stock update

Shares of Textron Inc opened at $75.42 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $75.26 - $76.22, and closed at $75.61.

This is a -0.47% slip from the previous day's closing price.

A total volume of 832,339 shares were traded at the close of the day’s session.

In the last one week, shares of Textron Inc have slipped by -3.34%.

Textron Inc's Key Ratios

Textron Inc has a market cap of $15.05 billion, indicating a price to book ratio of 2.2236 and a price to sales ratio of 1.1595.

In the last 12-months Textron Inc’s revenue was $13.16 billion with a gross profit of $2.06 billion and an EBITDA of $1.55 billion. The EBITDA ratio measures Textron Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Textron Inc’s operating margin was 8.72% while its return on assets stood at 4.43% with a return of equity of 13.08%.

In Q2, Textron Inc’s quarterly earnings growth was a positive 30.6% while revenue growth was a positive 8.6%.

Textron Inc’s PE and PEG Ratio

Forward PE

16.5563

Trailing PE

17.4644

PEG

0.9621

Its diluted EPS in the last 12-months stands at $4.35 per share while it has a forward price to earnings multiple of 16.5563 and a PEG multiple of 0.9621. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Textron Inc’s profitability.

Textron Inc stock is trading at a EV to sales ratio of 1.3313 and a EV to EBITDA ratio of 10.939. Its price to sales ratio in the trailing 12-months stood at 1.1595.

Textron Inc stock pays annual dividends of $0.08 per share, indicating a yield of 0.11% and a payout ratio of 1.72%.

Balance sheet and cash flow metrics

Total Assets

$16.49 billion

Total Liabilities

$4.40 billion

Operating Cash Flow

$-57000000.00

Capital Expenditure

$83 million

Dividend Payout Ratio

1.72%

Textron Inc ended 2024 with $16.49 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $16.49 billion while shareholder equity stood at $7.03 billion.

Textron Inc ended 2024 with $0 in deferred long-term liabilities, $4.40 billion in other current liabilities, 26000000.00 in common stock, $6.35 billion in retained earnings and $2.29 billion in goodwill. Its cash balance stood at $1.70 billion and cash and short-term investments were $1.70 billion. The company’s total short-term debt was $357,000,000 while long-term debt stood at $3.18 billion.

Textron Inc’s total current assets stands at $7.59 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $953.00 million compared to accounts payable of $1.23 billion and inventory worth $4.11 billion.

In 2024, Textron Inc's operating cash flow was $-57000000.00 while its capital expenditure stood at $83 million.

Comparatively, Textron Inc paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price

$75.61

52-Week High

$80.1

52-Week Low

$57.9804

Analyst Target Price

$86.06

Textron Inc stock is currently trading at $75.61 per share. It touched a 52-week high of $80.1 and a 52-week low of $80.1. Analysts tracking the stock have a 12-month average target price of $86.06.

Its 50-day moving average was $73.75 and 200-day moving average was $70.19 The short ratio stood at 2.96 indicating a short percent outstanding of 0%.

Around 47.2% of the company’s stock are held by insiders while 9001.6% are held by institutions.