Textron Inc. (NYSE: TXT) started the day on November 25, 2020, with a price decrease of -2.66% at $47.20. During the day, the stock rose to $48.54 and sunk to $46.92 before settling in for the price of $48.49 at the close. Taking a more long-term approach, TXT posted a 52-week range of $20.26-$51.53.
It was noted that the giant of the Industrials sector posted annual sales growth of -0.40% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 10.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -26.60%. This publicly-traded company’s shares outstanding now amounts to $228.92 million, simultaneously with a float of $227.85 million. The organization now has a market capitalization sitting at $10.96 billion. At the time of writing, stock’s 50-day Moving Average stood at $38.34, while the 200-day Moving Average is $34.45.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 35000 workers. It has generated 389,429 per worker during the last fiscal year. Meanwhile, its income per employee was 23,286. The stock had 14.02 Receivables turnover and 0.93 Total Asset turnover. For the Profitability, stocks gross margin was +20.93, operating margin was +7.73 and Pretax Margin of +6.91.
Textron Inc. (TXT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Aerospace & Defense Industry. Textron Inc.’s current insider ownership accounts for 0.30%, in contrast to 86.90% institutional ownership. According to the most recent insider trade that took place on Sep 02, this organization’s Chairman, President & CEO sold 227,766 shares at the rate of 40.29, making the entire transaction reach 9,176,692 in total value, affecting insider ownership by 640,185. Preceding that transaction, on Sep 02, Company’s Executive Vice President & CFO sold 69,566 for 40.29, making the whole transaction’s value amount to 2,802,814. This particular insider is now the holder of 138,356 in total.
Textron Inc. (TXT) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2020, the organization reported $0.53 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.35) by $0.18. This company achieved a net margin of +5.98 while generating a return on equity of 15.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
Textron Inc.’s EPS decrease for this current 12-month fiscal period is -26.60% and is forecasted to reach 2.70 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -3.53% through the next 5 years, which can be compared against the 10.30% growth it accomplished over the previous five years trading on the market.
Textron Inc. (NYSE: TXT) Trading Performance Indicators
Let’s observe the current performance indicators for Textron Inc. (TXT). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 1.74. Alongside those numbers, its PE Ratio stands at $39.90, and its Beta score is 1.77. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.91. Similarly, its price to free cash flow for trailing twelve months is now 15.81.
In the same vein, TXT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.18, a figure that is expected to reach 0.89 in the next quarter, and analysts are predicting that it will be 2.70 at the market close of one year from today.
Technical Analysis of Textron Inc. (TXT)
If we take a close look at the recent performances of Textron Inc. (NYSE: TXT), its last 5-days Average volume was 1.12 million that shows plunge from its year to date volume of 1.7 million. During the previous 9 days, stock’s Stochastic %D was recorded 87.17% While, its Average True Range was 1.79.
Raw Stochastic average of Textron Inc. (TXT) in the period of the previous 100 days is set at 90.69%, which indicates a major rise in contrast to 83.32% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 55.71% that was higher than 40.32% volatility it exhibited in the past 100-days period.