Textron Inc. (NYSE: TXT) kicked off on Monday, down -1.11% from the previous trading day, before settling in for the closing price of $86.74. Over the past 52 weeks, TXT has traded in a range of $74.13-$97.33.
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During the last 5-year period, the sales drop of Industrials Sector giant was -0.09%. While this was happening, its average annual earnings per share was recorded 11.67%. With a float of $186.18 million, this company’s outstanding shares have now reached $192.90 million.
Let’s determine the extent of company efficiency that accounts for 35000 employees. In terms of profitability, gross margin is 16.67%, operating margin of -11.88%, and the pretax margin is 7.85%.
Textron Inc. (TXT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Textron Inc. is 0.63%, while institutional ownership is 85.47%. The most recent insider transaction that took place on May 16 ’24, was worth 1,043,491. In this transaction Director of this company sold 11,870 shares at a rate of $87.91, taking the stock ownership to the 3,756 shares. Before that another transaction happened on Feb 21 ’24, when Company’s EVP, General Counsel & Secy sold 48,825 for $85.17, making the entire transaction worth $4,158,484. This insider now owns 97,993 shares in total.
Textron Inc. (TXT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 11.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.05% during the next five years compared to -1.11% drop over the previous five years of trading.
Textron Inc. (NYSE: TXT) Trading Performance Indicators
Take a look at Textron Inc.’s (TXT) current performance indicators. Last quarter, stock had a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 20.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.73, a number that is poised to hit 1.54 in the next quarter and is forecasted to reach 7.02 in one year’s time.
Technical Analysis of Textron Inc. (TXT)
Looking closely at Textron Inc. (NYSE: TXT), its last 5-days average volume was 0.84 million, which is a drop from its year-to-date volume of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 33.79%. Additionally, its Average True Range was 1.57.
During the past 100 days, Textron Inc.’s (TXT) raw stochastic average was set at 22.36%, which indicates a significant increase from 18.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.67% in the past 14 days, which was lower than the 19.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.72, while its 200-day Moving Average is $87.66. However, in the short run, Textron Inc.’s stock first resistance to watch stands at $86.28. Second resistance stands at $86.78. The third major resistance level sits at $87.21. If the price goes on to break the first support level at $85.35, it is likely to go to the next support level at $84.92. Now, if the price goes above the second support level, the third support stands at $84.42.
Textron Inc. (NYSE: TXT) Key Stats
The company with the Market Capitalisation of 16.07 billion has total of 190,699K Shares Outstanding. Its annual sales at the moment are 13,683 M in contrast with the sum of 921,000 K annual income. Company’s last quarter sales were recorded 3,527 M and last quarter income was 259,000 K.
