Economy

Textron Inc. (TXT) Issues FY17 Earnings Guidance

Therefore 69% are positive. Over the course of the previous year TXT has set a 52-week high of $55.80 while the corresponding low set was $37.19. They now have a Dollars 54 price target on the stock. Textron's dividend payout ratio is presently 2.45%. The company was upgraded on Wednesday, December 16 by JP Morgan. The stock of Textron Inc. (NYSE:TXT) might see muted action given an ABR of 2.7 or Hold rating. The rating was maintained by Credit Suisse on Wednesday, April 12 with "Buy".

01/28/2016 - Textron Inc. had its "outperform" rating reiterated by analysts at RBC Capital. Finally, Cowen and Company reissued a buy rating and issued a $60.00 price target on shares of Textron in a report on Thursday. The rating was maintained by Jefferies with "Buy" on Friday, June 23.

TXT has been the topic of several recent research reports. On Tuesday, December 27 the stock rating was maintained by Laidlaw with "Buy". (NASDAQ:WRLD) earned "Sell" rating by Jefferies on Thursday, September 7. It is negative, as 44 investors sold Textron Inc. shares while 132 reduced holdings. (C)'s stock rose 1.55%. They expect $1.76 earnings per share, 0.00% or $0.00 from last year's $1.76 per share. Currently, 897 million total shares are owned by the public and among those 880.95 million shares have been available to trade. It has outperformed by 2.25% the S&P500.

Investors sentiment decreased to 0.84 in 2017 Q2. Its the same as in 2017Q1. (NYSE:TXT) opened at 53.57 on Thursday. Tcw Gp invested in 2.93M shares. Drexel Hamilton upgraded Textron Inc. (NYSE:TXT). Qs Investors Ltd Liability Corp holds 0% or 3,387 shares in its portfolio. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000. Caxton Assoc Limited Partnership invested in 70,000 shares or 0.02% of the stock. Homrich & Berg stated it has 3,136 shares or 0.02% of all its holdings. Walleye Trading Ltd Company invested 0% of its portfolio in Textron Inc. Considering that the stock daily volume of 4.17 million shares, this represents a pretty noteworthy shoot in volume. The Netherlands-based Ing Groep Nv has invested 0.01% in Textron Inc. It also reduced Stericycle Inc (NASDAQ:SRCL) stake by 45,798 shares and now owns 20,556 shares.

Among 39 analysts covering Coach Inc. Therefore 75% are positive.

TXT has been the topic of a number of research analyst reports.

01/19/2017 - Textron Inc. had its "outperform" rating reiterated by analysts at Robert W. Baird. Stifel Nicolaus downgraded Citigroup Inc (NYSE:C) on Monday, October 9 to "Hold" rating.

01/26/2017 - Textron Inc. had its "outperform" rating reiterated by analysts at Credit Suisse. The rating was maintained by Oppenheimer on Thursday, July 20 with "Buy".

WARNING: "Textron Inc. (NYSE:TXT) Position Lowered by Voya Investment Management LLC" was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. The stock decreased 0.80% or $0.43 during the last trading session, reaching $53.1. NYSE:TXT Past Future Earnings Oct 19th 17 Is the growth built on solid basis?

Textron Inc.is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The stock's market capitalization is 13.96B. The Firm operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial and Finance. It has a 309.04 P/E ratio.

Textron Aviation continues to face a tough pricing environment, strong dollar and lower demand for its King Air turboprops.

Receive Textron Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textron Inc. with MarketBeat.com's FREE daily email newsletter.



Like this

Latest


20 October 2017
Protesters Drown Out Richard Spencer At UF: 'Nazis Are Not Welcome Here'
Counter-demonstrators, greatly outnumbering the white nationalist crowd, gathered outside the rally to protest. The Fears brothers were each being held on a $1 million dollar bail in Alachua County Jail as of Friday.

20 October 2017
Russian Warships Dock in Philippines as Manila Cultivates New Ties
No details were mentioned on Friday about the donated equipment, but Duterte earlier said Russian Federation would provide 5,000 assault rifles to the Philippines.

20 October 2017
New York Yankees invest in trio of esports companies including Echo Fox
For the Yankees, they will use their marketing, sales and partnership experience to help esports companies. Vision Entertainment is a producer of original esports content, in both scripted and unscripted formats.

20 October 2017
Roma charged by Uefa for fans 'monkey chants' at Antonio Rudiger
Incidents like the ones with Benatia and me simply happen too often in this country and that is why something must happen now. The Italian club has been charged of violating article 14 of Uefa's Disciplinary Regulations.

20 October 2017
Hennessey Venom F5 set to debut at SEMA Show
That is a big number, one that dwarves the 431.072 km/h set by the Veyron Super Sport, the current Guinness World Record holder. Hennessey Performance's latest images are the surest indication yet that the Venom F5 hypercar will hit 300mph.

20 October 2017
British Airways apologises for bed bugs that family endured on overnight flight
Ms Szilagyi said she tried contacting the airline immediately to ensure they were not on the same plane on the return flight . However Szilagyi said she spotted more of the bugs during the flight , including at a time they were being served meals.

20 October 2017
Nicki Minaj to Testify at Brother's Child Rape Trial in NYC
The publication reports that Jacquelin and Jelani had just married when Jacquelin's daughter was 11-years-old. David insists that the mother has intentionally put the DNA on the trousers herself.

20 October 2017
Melania Trump donates her inaugural gown to Smithsonian
The donation is in keeping with a 105-year-old tradition in the USA , where the first lady donates her inaugural dress to the museum for its "First Ladies" exhibition.

20 October 2017
Solange fights back after hair is cropped in magazine shoot
The singer's elaborate hairstyle seems to have been altered on the front of the Evening Standard Magazine . And one person said: "They cut off her crown.how's THAT for microaggression? Smh".

20 October 2017
Alcohol can 'improve foreign language skills'
These results suggest that the conventional wisdom that alcohol helps one speak a foreign language more fluently may hold water. Getting ripped on a bottle of tequila probably isn't going to help you speak Spanish any better.



Recommended