Textron Stock Today

TXT Stock  USD 86.74  0.63  0.73%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 6

 
High
 
Low
Low
Textron is selling for under 86.74 as of the 4th of October 2024; that is 0.73 percent increase since the beginning of the trading day. The stock's last reported lowest price was 86.13. Textron has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Note, on August 23, 2022, Representative Michael Garcia of US Congress acquired $50k to $100k worth of Textron's common stock.
Business Domain
Capital Goods
IPO Date
24th of October 1984
Category
Industrials
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island. Textron operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. The company has 187.36 M outstanding shares of which 4.31 M shares are at this time shorted by investors with about 5.92 days to cover. More on Textron

Textron Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanScott Donnelly
Thematic Ideas
Showing 3 out of 4 themes
Old NameTextainer Group Holdings Ltd
Business ConcentrationAerospace & Defense, Industrials, NYSE Composite, WIG 30, SP 500 Index, WSE WIG INDEX, MWIG40, WIG Dividend, Aircraft, SRI Sustainable Growth, Military Industrial, Robots And Drones, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Excise Tax ActivitiesControversial WeaponsMilitary Contract
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02570.0476
Way Down
Slightly volatile
Asset Turnover0.580.71
Significantly Down
Very volatile
Gross Profit Margin0.290.18
Way Up
Very volatile
Net Debt1.6 B1.7 B
Notably Down
Pretty Stable
Total Current Liabilities3.3 B4.4 B
Way Down
Slightly volatile
Non Current Liabilities Total6.9 B5.5 B
Significantly Up
Pretty Stable
Total Assets17 B16.9 B
Slightly Up
Slightly volatile
Total Current Assets7.3 B8.4 B
Fairly Down
Slightly volatile
Total Cash From Operating Activities1.1 B1.3 B
Moderately Down
Slightly volatile
Debt Levels
Textron can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Textron's financial leverage. It provides some insight into what part of Textron's total assets is financed by creditors.
Liquidity
Textron has 3.87 B in debt with debt to equity (D/E) ratio of 0.58, which is OK given its current industry classification. Textron has a current ratio of 2.18, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Textron to invest in growth at high rates of return.

Other Non Cash Items

175.64 Million
Textron (TXT) is traded on New York Stock Exchange in USA. It is located in 40 Westminster Street, Providence, RI, United States, 02903 and employs 35,000 people. Textron is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 16.3 B. Textron runs under Aerospace & Defense sector within Industrials industry. The entity has 187.36 M outstanding shares of which 4.31 M shares are at this time shorted by investors with about 5.92 days to cover. Textron has about 1.96 B in cash with 1.27 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.7.
Check Textron Probability Of Bankruptcy
Ownership Allocation
Textron shows a total of 187.36 Million outstanding shares. The majority of Textron outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Textron to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Textron. Please pay attention to any change in the institutional holdings of Textron as this could imply that something significant has changed or is about to change at the company. Please note that on August 23, 2022, Representative Michael Garcia of US Congress acquired $50k to $100k worth of Textron's common stock.
Check Textron Ownership Details

Textron Stock Institutional Holders

InstituionRecorded OnShares
T. Rowe Price Associates, Inc.2024-06-30
3.3 M
Dimensional Fund Advisors, Inc.2024-06-30
2.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
2.5 M
Fmr Inc2024-06-30
2.3 M
Charles Schwab Investment Management Inc2024-06-30
1.7 M
Northern Trust Corp2024-06-30
1.7 M
Brandes Investment Partners & Co2024-06-30
1.5 M
Gamco Investors, Inc. Et Al2024-06-30
1.5 M
Aqr Capital Management Llc2024-06-30
1.5 M
Vanguard Group Inc2024-06-30
21.8 M
Blackrock Inc2024-06-30
15.6 M
View Textron Diagnostics

Textron Historical Income Statement

At this time, Textron's Interest Expense is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 116.5 M in 2024, whereas Gross Profit is likely to drop slightly above 2.1 B in 2024. View More Fundamentals

Textron Stock Against Markets

Textron Corporate Directors

Kathleen BaderIndependent DirectorProfile
James ConwayIndependent DirectorProfile
Deborah JamesIndependent DirectorProfile
R ClarkLead Independent DirectorProfile

Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.