Textron (NYSE:TXT) Releases FY25 Earnings Guidance

Textron (NYSE:TXT) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $6.00-6.20 for the period, compared to the consensus earnings per share 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.

Textron Trading Down 0.1 %

NYSE TXT opened at $78.33 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.82 and a current ratio of 1.83. Textron has a one year low of $74.89 and a one year high of $97.33. The company has a 50-day simple moving average of $80.03 and a 200-day simple moving average of $84.96. The firm has a market capitalization of $14.53 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 1.27 and a beta of 1.27.

Textron (NYSE:TXT) last announced its quarterly earnings results 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. The business had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3,778,060 billion. Textron had a return on equity of 14.92% and a net margin of 6.01%. The business’s revenue was down 7.2% on a year-over-year basis. During the same quarter last year, the business posted $1.60 EPS. On average, equities analysts forecast that Textron will post 6.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on TXT shares. Morgan Stanley dropped their price objective on shares of Textron from $86.00 to $82.00 and set an “equal weight” rating on the stock in a report on Thursday. Barclays cut their price target on Textron from $104.00 to $95.00 and set an “overweight” rating on the stock in a report on Monday, December 23rd. Bank of America downgraded Textron from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $110.00 to $85.00 in a research report on Friday. Citigroup lowered their target price on Textron from $118.00 to $111.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, UBS Group decreased their price target on Textron from $87.00 to $79.00 and set a “sell” rating for the company in a research note on Friday, October 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Textron presently has an average rating of “Moderate Buy” and a consensus price target of $93.45.

Textron Company Profile

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.