Textron(TXT)

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Is Textron (TXT) Stock Undervalued Right Now?
Zacks Investment Research· 2024-04-17 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being un ...
Is Most-Watched Stock Textron Inc. (TXT) Worth Betting on Now?
Zacks Investment Research· 2024-04-17 14:05
Textron (TXT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this maker of Cessna small planes and Bell helicopters have returned -1%, compared to the Zacks S&P 500 composite's -1.1% change. During this period, the Zacks Aerospace - Defense industry, which Textron falls in, has lost 7.2%. The key question now is: What could be the stock's future d ...
Is Trending Stock Textron Inc. (TXT) a Buy Now?
Zacks Investment Research· 2024-04-11 14:06
Textron (TXT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of Cessna small planes and Bell helicopters have returned +3.7% over the past month versus the Zacks S&P 500 composite's +0.8% change. The Zacks Aerospace - Defense industry, to which Textron belongs, has lost 6.8% over this period. Now the key question is: Where could the stock be headed in the near ter ...
Textron (TXT) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-04-09 22:56
The latest trading session saw Textron (TXT) ending at $96.31, denoting a -0.69% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.15%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.32%.Prior to today's trading, shares of the maker of Cessna small planes and Bell helicopters had gained 5.63% over the past month. This has outpaced the Aerospace sector's loss of 3.76% and the S&P 500's gain of 1.65% in that time.Market participant ...
Textron Inc. (TXT) Soars to 52-Week High, Time to Cash Out?
Zacks Investment Research· 2024-04-09 14:15
Shares of Textron (TXT) have been strong performers lately, with the stock up 5.6% over the past month. The stock hit a new 52-week high of $97.34 in the previous session. Textron has gained 20.6% since the start of the year compared to the -5.1% move for the Zacks Aerospace sector and the -9.4% return for the Zacks Aerospace - Defense industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of t ...
Will Textron (TXT) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-04 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Textron (TXT) , which belongs to the Zacks Aerospace - Defense industry, could be a great candidate to consider.When looking at the last two reports, this maker of Cessna small planes and Bell helicopters has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.95%, on average, in the last two quarters.For t ...
Is Textron (TXT) Outperforming Other Aerospace Stocks This Year?
Zacks Investment Research· 2024-04-04 14:45
Group 1 - Textron (TXT) has a year-to-date return of 17.3%, significantly outperforming the average return of 0.2% for Aerospace companies [2][3] - The Zacks Consensus Estimate for Textron's full-year earnings has increased by 8% over the past quarter, indicating improving analyst sentiment [2] - Textron holds a Zacks Rank of 2 (Buy), suggesting a positive earnings outlook [1][2] Group 2 - Textron is part of the Aerospace - Defense industry, which has an average year-to-date loss of 2.6%, further highlighting Textron's strong performance [3] - VirTra, Inc. (VTSI) is another Aerospace stock that has outperformed the sector with a return of 58.6% this year [2][3] - The consensus EPS estimate for VirTra has increased by 22.9% over the past three months, and it also holds a Zacks Rank of 2 (Buy) [2]
Reasons to Add Textron (TXT) Stock to Your Portfolio Now
Zacks Investment Research· 2024-03-19 15:06
Textron Inc. (TXT) , with a strong backlog and rising earnings estimates, offers a great investment opportunity in the Aerospace Defense sector.Let’s focus on the reasons that make this Zacks Rank #2 (Buy) stock a promising investment pick at the moment.Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for TXT’s 2024 earnings per share (EPS) has increased 8.66% to $6.27 per share in the past 60 days. The Zacks Consensus Estimate for Textron’s total revenues for 2024 stands at $14.64 billion, ...
Textron Inc. (TXT) Hits Fresh High: Is There Still Room to Run?
Zacks Investment Research· 2024-03-19 14:16
Have you been paying attention to shares of Textron (TXT) ? Shares have been on the move with the stock up 8.7% over the past month. The stock hit a new 52-week high of $93.71 in the previous session. Textron has gained 15.8% since the start of the year compared to the -2% move for the Zacks Aerospace sector and the -4.6% return for the Zacks Aerospace - Defense industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus ...
Textron's (TXT) Unit Secures Order for Cessna Grand Caravans
Zacks Investment Research· 2024-03-15 16:56
Textron Inc.’s (TXT) business unit, Textron Aviation, recently secured an award for the delivery of two Cessna Grand Caravan EX turboprop aircraft. The award has been offered by the U.S. Army Contracting Command, Redstone Arsenal, AL.The aircraft will be owned and operated by the Djiboutian Air Force.What’s Favoring Textron?Nations are reinforcing their military capabilities to strengthen their defense structure in a growing threat environment and aircraft operators are planning network expansions. In this ...