EPS for Textron Inc. (TXT) Expected At $0.68 on July, 18

June 27, 2018 - By Noel Courtney

Textron Inc. (NYSE:TXT) Corporate Logo
Big Money Sentiment decreased to 0.83 in Q1 2018. It has change of 0.37, from 2017Q4’s 1.2. The ratio fall due to Textron Inc. positioning: 38 sold and 145 reduced. 42 funds bought holdings and 109 increased holdings. Investors holded 215.83 million in 2017Q4 but now own 211.27 million shares or 2.11% less.
Natixis Advsr L P invested in 0.04% or 62,358 shs. Franklin Street Nc holds 0.03% or 3,585 shs. Sumitomo Mitsui Asset Management Com owns 18,783 shs. Qci Asset Incorporated accumulated 2,930 shs or 0.02% of the stock. Fmr Limited Liability invested 0.01% in Textron Inc. (NYSE:TXT). Moreover, Savings Bank Of Ny Mellon has 0.03% invested in Textron Inc. (NYSE:TXT) for 1.86 million shs. Intrust Savings Bank Na holds 7,623 shs. Ing Groep Nv holds 0.03% or 26,746 shs in its capital. Blackrock has 0.05% invested in Textron Inc. (NYSE:TXT) for 19.23M shs. Strs Ohio reported 167,613 shs. 778 are owned by Barrett Asset Mngmt Ltd Liability Corporation. Estabrook Capital Mgmt holds 0% or 3,800 shs. Channing Cap Management Limited Liability Company holds 0.47% or 226,025 shs. Credit Suisse Ag invested in 0.02% or 306,447 shs. Horrell Capital Mgmt has 5,000 shs for 0.15% of their capital.

Textron Inc. had 2 sales and 0 insider buys since April 27, 2018. This’s net activity of $17.66 million. Connor Frank T sold $5.04 million worth of Textron Inc. (NYSE:TXT) on Friday, April 27.

On July, 18 is awaited Textron Inc. (NYSE:TXT)’s earnings report, as reported by RTT. Analysts have anticipation on stock’s EPS of $0.68. That’s up 13.33 % from last year’s $0.6 EPS. If $0.68 is reported, TXT’s profit will hit $174.11M for 24.40 P/E. -5.56 % negative EPS growth is what analysts predict. $0.72 EPS was revealed for last quarter. TXT hit $66.38 during the last trading session after $0.39 change.Textron Inc. has volume of 629,824 shares. Since June 27, 2017 TXT has risen 38.18% and is uptrending. TXT outperformed by 25.61% the S&P500.

Textron Inc. (NYSE:TXT) Ratings Coverage

A total of 8 analysts rate Textron Inc (NYSE:TXT) as follows: 6 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NYSE:TXT) has 13 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Monday, April 16 the company was maintained by Stephens. On Thursday, April 12 Morgan Stanley maintained the shares of TXT in report with “Equal-Weight” rating. On Thursday, April 19 the firm has “Outperform” rating by Robert W. Baird given. The company rating was upgraded by Bank of America on Thursday, April 19. On Tuesday, January 16 Wells Fargo maintained Textron Inc. (NYSE:TXT) with “Buy” rating. The stock rating was maintained by Jefferies with “Buy” on Monday, January 8. On Thursday, April 19 Barclays Capital maintained Textron Inc. (NYSE:TXT) with “Overweight” rating. The company rating was upgraded by Morgan Stanley on Thursday, February 1. On Thursday, April 19 the firm has “Buy” rating given by Wells Fargo. On Tuesday, April 10 Citigroup maintained the shares of TXT in report with “Buy” rating.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide.The firm is worth $17.00 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.The P/E ratio is 58.02. The Textron Aviation segment makes and sells business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services.

There’s an important Textron Inc. (NYSE:TXT) news brought out by Bizjournals.com. It’s a report titled: “Report: Textron Aviation ending production of Cessna Citation X+” on June 26, 2018.

Textron Inc. (NYSE:TXT) Institutional Investors Chart

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