Analysts Upbeat on Textron – Set Price Target at $81.67
December 25, 2022
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Textron Inc ($NYSE:TXT). is an American industrial conglomerate based in Providence, Rhode Island. It is a leading global manufacturer of aircraft, defense, industrial and automotive products. The company’s robust balance sheet, attractive dividend yield and strong cash flow generation have been driving the stock higher.
In addition, analysts have set a price target of $81.67 for Textron Inc. shares. Analysts believe that the company’s diversified portfolio of businesses, strong balance sheet and attractive dividend yield will continue to drive the stock higher in the coming quarters. The company’s strong financial performance in its recent earnings report has also been encouraging investors. Given Textron’s strong financial performance and the positive outlook from analysts, investors seem to be bullish on the stock. The company’s attractive dividend yield and robust balance sheet make it an attractive investment for long-term investors.
Price History
So far, news surrounding the company has been mostly positive. On Monday, Textron Inc. opened at $70.1 and closed at $69.3, down by 1.0% from its previous closing price of 70.0. Textron Inc. has also been actively investing in innovative technologies and products to drive its growth. The company recently announced its acquisition of Arctic Cat Inc., which will help it to expand its presence in the recreational vehicle market and strengthen its competitive position. Furthermore, Textron Inc. is also investing in research and development in order to develop new products and technologies that can help it to offer better services to customers. Textron Inc.’s management team is also taking steps to ensure that the company’s operations remain efficient and profitable. The company is focusing on cost reduction initiatives and improving its operational efficiency in order to reduce costs and maximize profits.
Additionally, the company is also aiming to strengthen its competitive position by expanding its product portfolio and exploring new markets. Overall, analysts are optimistic about Textron Inc.’s future prospects and have set a price target of $81.67 for the stock. With its strong financial performance, investments in innovation and cost cutting initiatives, Textron Inc. appears to be well-positioned for future growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Textron Inc. More…
| Total Revenues | Net Income | Net Margin |
| 12.55k | 842 | 6.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Textron Inc. More…
| Operations | Investing | Financing |
| 1.39k | -438 | -1.2k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Textron Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.96k | 9.19k | 32.39 |
Key Ratios Snapshot
Some of the financial key ratios for Textron Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.0% | -7.2% | 9.0% |
| FCF Margin | ROE | ROA |
| 8.1% | 10.5% | 4.4% |
VI Analysis
TEXTRON INC is a high risk investment according to the VI Risk Rating. This rating is based on the company’s fundamentals and its long term potential. The VI App has detected 3 risk warnings in the income sheet, balance sheet, and non-financial areas. These warnings indicate that the company may be at risk in terms of financial and business stability. Investors should take these warnings seriously and analyze the company thoroughly before investing in it. The VI App also provides insights into the company’s financial statements, such as its income statement, balance sheet, and cash flow statement. This information can be used to assess the company’s performance and determine whether or not it is a good investment. The app can also provide a detailed analysis of the company’s stock price history and analyze other factors such as investor sentiment. Finally, investors should consider the company’s management team, strategic vision, and competitive landscape before investing. It is important to understand the company’s strategy and what it is trying to achieve in order to make an informed decision about investing. By considering all of these factors, investors can make a more educated decision about whether or not to invest in TEXTRON INC. More…
VI Peers
The competition between Textron Inc and its competitors is intense. Each company is vying for market share and customer loyalty. They are all fighting for the same thing: to be the best in the industry. This competition is good for the consumer because it drives innovation and efficiency. It also keeps prices down.
– Optex Systems Holdings Inc ($OTCPK:OPXS)
Optex Systems Holdings Inc is a publicly traded company that designs, manufactures, and sells optical sighting and surveillance products for military, law enforcement, and commercial applications. The company has a market capitalization of $18.39 million and a return on equity of 2.52%. Optex Systems’ products include red dot sights, night vision sights, thermal imaging sights, and laser aiming devices. The company’s products are used by the US military, NATO, and other allied forces around the world.
– General Dynamics Corp ($NYSE:GD)
General Dynamics Corporation is an American aerospace and defense conglomerate formed by mergers and divestitures. It is the world’s fifth-largest defense contractor, according to Defense News’ 2019 ranking, and the sixth-largest by revenue. The company ranked No. 98 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. It is headquartered in Reston, Virginia.
General Dynamics’ main business units are Aerospace, Combat Systems, Information Technology, Mission Systems, and Marine Systems. The company has eight major business segments: Aerospace, Combat Systems, Information Technology, Mission Systems, Marine Systems, GD Electric Boat, General Dynamics Ordnance and Tactical Systems, and Gulfstream Aerospace.
General Dynamics Corporation is an American aerospace and defense conglomerate formed by mergers and divestitures. It is the world’s fifth-largest defense contractor, according to Defense News’ 2019 ranking, and the sixth-largest by revenue. The company ranked No. 98 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. It is headquartered in Reston, Virginia.
General Dynamics’ main business units are Aerospace, Combat Systems, Information Technology, Mission Systems, and Marine Systems. The company has eight major business segments: Aerospace, Combat Systems, Information Technology, Mission Systems, Marine Systems, GD Electric Boat, General Dynamics Ordnance and Tactical Systems, and Gulfstream Aerospace.
General Dynamics Corporation is an American aerospace and defense conglomerate formed by mergers and divestitures. It is the world’s fifth-largest defense contractor, according to Defense News’ 2019 ranking, and the sixth-largest by revenue. The company ranked No. 98 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. It is headquartered in Reston, Virginia.
General Dynamics’ main business units are Aerospace, Combat Systems, Information Technology, Mission Systems, and Marine Systems. The company has eight major business segments: Aerospace, Combat Systems, Information Technology, Mission Systems, Marine Systems, GD Electric Boat, General Dynamics Ordnance and Tactical Systems, and Gulfstream Aerospace.
– Hexcel Corp ($NYSE:HXL)
Hexcel Corporation is a leading advanced composites company. They develop, manufacture and market lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense, and industrial applications.
Hexcel’s market cap is 4.72B as of 2022. The company has a Return on Equity of 6.26%.
Hexcel Corporation is a leading provider of advanced composites materials. The company develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures. Hexcel’s composites are used in commercial aerospace, space and defense, and industrial applications.
Summary
Investing in Textron Inc. is an attractive proposition for many investors. The company has a strong track record of growth, consistent profitability, and a diverse portfolio of businesses. The company is also well-positioned to benefit from the recent increase in demand for products and services in the aerospace and defense sectors. Textron Inc. is a global aerospace, defense, industrial, and finance company based in Providence, Rhode Island. The company has a long history of innovation, having developed groundbreaking products such as the Bell helicopter, Cessna aircraft, and the E-Z-GO golf cart. The company’s product portfolio also includes a diverse set of services such as engineering, consulting, and design. Textron Inc. has consistently delivered strong financial results over the past several years and is expected to continue to do so in the near future. The company has delivered strong earnings growth, with the most recent quarter surpassing analyst expectations. The stock is currently trading near its all-time high and is expected to continue to benefit from the strong demand for its products and services. Textron Inc. is also well-positioned to benefit from the ongoing shift towards electric vehicles and other green technologies. The company recently acquired an electric vehicle manufacturer and is expected to continue to invest in this space in the future. This could open up new opportunities for the company and further increase its value.
In addition, Textron Inc. has a strong track record of delivering dividend payments. This provides investors with a steady income stream that can be reinvested into other investments or used to supplement retirement income. Overall, investing in Textron Inc. is an attractive proposition for many investors. The company has a strong track record of growth, consistent profitability, and a diverse portfolio of businesses. The stock is currently trading near its all-time high and is expected to benefit from the strong demand for its products and services. Furthermore, the company’s commitment to paying dividends provides investors with a steady income stream that can be reinvested or used to supplement retirement income.
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