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Citigroup lowered its target price on Textron from $111 to $107, maintaining a "buy" rating, while Morgan Stanley cut its target from $82 to $71 with an "equal weight" rating. Analysts show a mixed outlook with one sell, four hold, and six buy ratings, leading to an average "Hold" rating and a consensus target price of $89.30. Insider trading revealed VP Mark S. Bamford sold 5,451 shares, reducing his ownership by 23.03%.
Textron Inc. reported a quarterly EPS of $1.34, surpassing estimates of $1.27, despite a revenue decline to $3.61 billion from $3.78 billion a year prior. The company announced a $0.02 quarterly dividend, with a yield of 0.11%, and maintains a Hold rating among analysts, who predict a 6.12 EPS for the year.
Textron Inc. is a diversified industrial group with a focus on five product families: aircraft (34.1% of net sales), military and civil helicopters (28.4%), industrial equipment (25.7%), defense and aerospace systems (11.3%), and financing services (0.5%). The company's net sales are primarily generated in the United States (68.2%), followed by Europe (11.5%), Asia and Australia (9.5%), and other regions (10.8%). UBS has reaffirmed its sell rating on the company.
Textron Inc. is a diversified industrial group with a focus on five product families: aircraft (34.1% of net sales), military and civil helicopters (28.4%), industrial equipment (25.7%), defense and aerospace systems (11.3%), and financing services (0.5%). The company's net sales are primarily generated in the United States (68.2%), followed by Europe (11.5%), Asia and Australia (9.5%), and other regions (10.8%). UBS has reaffirmed its sell rating on the company.
Textron's stock faces pressure as UBS lowers its price target to $79, maintaining a Sell rating after the company missed third-quarter earnings and revised its EPS and free cash flow forecasts downward due to a recent strike. While Bell's performance improved, the Industrial sector is projected to decline, and concerns over wage inflation and aviation cycle risks persist. Despite challenges, Textron anticipates a revenue rebound in 2025, although analysts remain skeptical about its stock performance amid these headwinds.
UBS has lowered its price target for Textron from $87 to $79. This adjustment reflects the latest analysis and market conditions impacting the company's valuation.
Textron Inc.
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analysts adjust price targets for textron amid mixed ratings and insider trading
10:27 20.04.2025
jpmorgan reduces stake in textron as hedge funds increase positions
10:28 31.03.2025
textron inc maintains diversified industrial focus with reaffirmed sell rating
20:27 25.10.2024
textron inc maintains diversified industrial focus with reaffirmed sell rating
20:27 25.10.2024
textron faces stock pressure amid wage inflation and aviation cycle concerns
12:38 25.10.2024
Textron price target reduced to 79 from 87 by UBS
12:33 25.10.2024
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