Textron (TXT) to Release Earnings on Friday
Textron (NYSE:TXT) is scheduled to be releasing its Q313 earnings data on Friday, October 18th. Analysts expect Textron to post earnings of $0.47 per share and revenue of $2.98 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Textron (NYSE:TXT) opened at 27.06 on Thursday. Textron has a 1-year low of $22.84 and a 1-year high of $31.30. The stock’s 50-day moving average is $27.86 and its 200-day moving average is $27.42. The company has a market cap of $7.590 billion and a price-to-earnings ratio of 14.57.
A number of analysts have recently weighed in on TXT shares. Analysts at JPMorgan Chase & Co. cut their price target on shares of Textron from $36.00 to $35.00 in a research note to investors on Tuesday. They now have an “overweight” rating on the stock. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Textron in a research note to investors on Wednesday, July 31st. They now have a $29.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Textron in a research note to investors on Friday, July 19th. They now have a $29.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Textron presently has a consensus rating of “Buy” and an average target price of $36.78.
Textron Inc is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services worldwide.
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