Textron (TXT) Projected to Post Quarterly Earnings on Thursday

Textron (NYSE:TXT) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $3.26 billion for the quarter. Textron has set its FY 2025 guidance at 6.000-6.200 EPS and its FY25 guidance at $6.00-6.20 EPS.

Textron (NYSE:TXT) last announced its quarterly earnings data on Wednesday, January 22nd. The aerospace company reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.78 billion. Textron had a return on equity of 14.92% and a net margin of 6.01%. Textron’s quarterly revenue was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.60 earnings per share. On average, analysts expect Textron to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Textron Stock Performance

NYSE:TXT opened at $64.57 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.76 and a debt-to-equity ratio of 0.45. Textron has a fifty-two week low of $57.70 and a fifty-two week high of $95.86. The firm’s fifty day simple moving average is $70.66 and its 200-day simple moving average is $77.50. The stock has a market cap of $11.73 billion, a PE ratio of 14.98, a price-to-earnings-growth ratio of 1.18 and a beta of 1.06.

Textron Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were issued a $0.02 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.08 dividend on an annualized basis and a yield of 0.12%. Textron’s dividend payout ratio (DPR) is presently 1.86%.

Analysts Set New Price Targets

TXT has been the subject of several research reports. Barclays reduced their price objective on Textron from $104.00 to $95.00 and set an “overweight” rating for the company in a report on Monday, December 23rd. TD Cowen raised shares of Textron to a “hold” rating in a research note on Monday, February 24th. Citigroup lowered their price target on shares of Textron from $111.00 to $107.00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Robert W. Baird reduced their target price on Textron from $100.00 to $92.00 and set an “outperform” rating on the stock in a research note on Thursday, January 23rd. Finally, Bank of America downgraded Textron from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $110.00 to $85.00 in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $89.30.

Insider Buying and Selling at Textron

In related news, VP Mark S. Bamford sold 5,451 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $72.68, for a total value of $396,178.68. Following the transaction, the vice president now directly owns 18,223 shares of the company’s stock, valued at approximately $1,324,447.64. This trade represents a 23.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.70% of the stock is owned by company insiders.

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.