Textron (NYSE:TXT) Issues FY25 Earnings Guidance

Textron (NYSE:TXT) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $6.00-6.20 for the period, compared to the consensus EPS estimate of $6.24. The company issued revenue guidance of ~$14.7 billion, compared to the consensus revenue estimate of $14.61 billion. Textron also updated its FY 2025 guidance to 6.000-6.200 EPS.

Analyst Ratings Changes

Several research analysts recently weighed in on TXT shares. UBS Group cut their target price on shares of Textron from $87.00 to $79.00 and set a “sell” rating for the company in a research note on Friday, October 25th. TD Cowen raised shares of Textron to a “hold” rating in a research note on Thursday, December 19th. JPMorgan Chase & Co. reduced their target price on Textron from $90.00 to $88.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Citigroup dropped their price objective on Textron from $118.00 to $111.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Barclays cut their price target on shares of Textron from $104.00 to $95.00 and set an “overweight” rating on the stock in a report on Monday, December 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $97.64.

Textron Trading Up 2.5 %

TXT opened at $81.12 on Wednesday. The stock has a market capitalization of $15.05 billion, a PE ratio of 17.83, a P/E/G ratio of 1.21 and a beta of 1.27. The firm’s fifty day moving average price is $80.37 and its 200 day moving average price is $85.06. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.83 and a quick ratio of 0.82. Textron has a 12-month low of $74.89 and a 12-month high of $97.33.

Textron (NYSE:TXT) last announced its quarterly earnings data on Wednesday, January 22nd. The aerospace company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.07. Textron had a return on equity of 16.02% and a net margin of 6.30%. The firm had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3,778,060 billion. During the same period last year, the business posted $1.60 earnings per share. The firm’s revenue for the quarter was down 7.2% on a year-over-year basis. As a group, research analysts expect that Textron will post 5.42 EPS for the current fiscal year.

About Textron

Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.