Textron Inc Intrinsic Stock Value – TEXTRON INC Reports 104.4% Increase in Revenue for Q2 of FY2023 with USD 6448.0 Million
August 21, 2023
☀️Earnings Overview
TEXTRON INC ($NYSE:TXT) announced on June 30th 2023 that their total revenue for the second quarter of FY2023 had reached USD 6448.0 million, a 104.4% increase from the same period in the previous year. Additionally, their net income rose 109.2% year over year, amounting to USD 454.0 million.
Analysis – Textron Inc Intrinsic Stock Value
GoodWhale recently conducted an in-depth analysis of TEXTRON INC‘s financial wellbeing and performance. After examining the company’s financials, our proprietary Valuation Line was used to calculate the fair value of the company’s share price, which was determined to be around $73.0. This indicates that investors may be paying a higher price than what is justified by the company’s financial performance. More…
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 |
| 13.16k | 905 | 6.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Textron Inc. More…
| Operations | Investing | Financing |
| 1.33k | -329 | -1.1k |
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 |
| 16.48k | 9.45k | 35.51 |
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 |
| 1.6% | 11.7% | 8.8% |
| FCF Margin | ROE | ROA |
| 7.2% | 10.3% | 4.4% |
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.
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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.
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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
TEXTRON INC experienced a significant boost in profitability during the second quarter of FY2023. Total revenue rose by 104.4%, with net income up 109.2% year over year. This impressive performance was reflected in a positive stock price movement, suggesting that investors saw TEXTRON INC as a promising and lucrative investment opportunity. With a company history of strong financials and a bright outlook, TEXTRON INC is well-positioned to continue its impressive growth in the future.
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