Textron Inc. (NYSE: TXT) started the day on Wednesday, with a price decrease of -0.78% at $86.87, before settling in for the price of $87.55 at the close. Taking a more long-term approach, TXT posted a 52-week range of $74.13-$97.33.
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The Industrials sector firm’s twelve-monthly sales growth has been -0.09% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -1.11%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.48%. This publicly-traded company’s shares outstanding now amounts to $192.90 million, simultaneously with a float of $186.18 million. The organization now has a market capitalization sitting at $16.28 billion. At the time of writing, stock’s 50-day Moving Average stood at $87.83, while the 200-day Moving Average is $88.14.
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 0.63%, in contrast to 85.14% institutional ownership. According to the most recent insider trade that took place on May 16 ’24, this organization’s Director sold 11,870 shares at the rate of 87.91, making the entire transaction reach 1,043,491 in total value, affecting insider ownership by 3,756. Preceding that transaction, on Feb 21 ’24, Company’s EVP, General Counsel & Secy sold 48,825 for 85.17, making the whole transaction’s value amount to 4,158,484. This particular insider is now the holder of 97,993 in total.
Textron Inc. (TXT) Earnings and Revenue Records
Textron Inc.’s EPS increase for this current 12-month fiscal period is 9.48% and is forecasted to reach 6.94 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.05% through the next 5 years, which can be compared against the -1.11% 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 0.67. The Stock has managed to achieve an average true range (ATR) of 1.70. Alongside those numbers, its PE Ratio stands at $18.37, and its Beta score is 1.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.17. Similarly, its price to free cash flow for trailing twelve months is now 21.11.
In the same vein, TXT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.73, a figure that is expected to reach 1.49 in the next quarter, and analysts are predicting that it will be 6.94 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 1.02 million that shows plunge from its year to date volume of 1.06 million. During the previous 9 days, stock’s Stochastic %D was recorded 39.89% While, its Average True Range was 1.74.
Raw Stochastic average of Textron Inc. (TXT) in the period of the previous 100 days is set at 31.99%, which indicates a major fall in contrast to 36.62% 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 20.73% that was higher than 20.29% volatility it exhibited in the past 100-days period.
