Textron Inc. (TXT) EPS Estimated At $0.68

June 13, 2018 - By Vivian Currie

Textron Inc. (NYSE:TXT) LogoInvestors sentiment decreased to 0.83 in 2018 Q1. Its down 0.37, from 1.2 in 2017Q4. It worsened, as 38 investors sold Textron Inc. shares while 145 reduced holdings. 42 funds opened positions while 109 raised stakes. 211.27 million shares or 2.11% less from 215.83 million shares in 2017Q4 were reported.
Moreover, Mrj Incorporated has 2.71% invested in Textron Inc. (NYSE:TXT). 817,241 were reported by Lord Abbett & Company Lc. Commerzbank Aktiengesellschaft Fi has 0% invested in Textron Inc. (NYSE:TXT). Stifel Corp reported 214,239 shares. Bankshares Of America Corp De, a North Carolina-based fund reported 921,318 shares. Mackenzie Finance invested 0.02% in Textron Inc. (NYSE:TXT). 58,174 are owned by Arrowgrass Cap (Us) Ltd Partnership. Credit Suisse Ag holds 306,447 shares or 0.02% of its portfolio. Goldman Sachs Group Inc reported 0.05% in Textron Inc. (NYSE:TXT). Raymond James And Associates holds 139,298 shares or 0.01% of its portfolio. Adirondack holds 0% in Textron Inc. (NYSE:TXT) or 65 shares. Cubist Systematic Strategies Llc holds 0.01% in Textron Inc. (NYSE:TXT) or 2,122 shares. Zeke Cap Advsr Lc owns 6,206 shares for 0.03% of their portfolio. 89,909 were reported by Intll Grp. Gargoyle Inv Advisor Ltd Com owns 33,742 shares.

Since April 27, 2018, it had 0 buys, and 2 insider sales for $17.66 million activity. $12.62 million worth of stock was sold by DONNELLY SCOTT C on Friday, April 27.

Analysts expect Textron Inc. (NYSE:TXT) to report $0.68 EPS on July, 18.They anticipate $0.08 EPS change or 13.33 % from last quarter’s $0.6 EPS. TXT’s profit would be $174.11M giving it 24.93 P/E if the $0.68 EPS is correct. After having $0.72 EPS previously, Textron Inc.’s analysts see -5.56 % EPS growth. The stock decreased 0.43% or $0.29 during the last trading session, reaching $67.81. About 1.51M shares traded. Textron Inc. (NYSE:TXT) has risen 38.18% since June 14, 2017 and is uptrending. It has outperformed by 25.61% the S&P500.

Textron Inc. (NYSE:TXT) Ratings Coverage

Among 8 analysts covering Textron Inc (NYSE:TXT), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Textron Inc had 13 analyst reports since January 8, 2018 according to SRatingsIntel. Robert W. Baird maintained Textron Inc. (NYSE:TXT) on Thursday, April 19 with “Outperform” rating. The stock of Textron Inc. (NYSE:TXT) earned “Equal-Weight” rating by Morgan Stanley on Thursday, April 12. Wells Fargo maintained Textron Inc. (NYSE:TXT) rating on Tuesday, January 16. Wells Fargo has “Buy” rating and $67.0 target. Jefferies maintained the stock with “Buy” rating in Sunday, February 4 report. Jefferies maintained Textron Inc. (NYSE:TXT) on Monday, January 8 with “Buy” rating. Barclays Capital maintained the stock with “Overweight” rating in Thursday, April 19 report. The firm earned “Hold” rating on Monday, April 16 by Stephens. The firm has “Buy” rating given on Tuesday, April 10 by Citigroup. Stephens maintained it with “Hold” rating and $65.0 target in Thursday, January 11 report. The stock has “Buy” rating by Wells Fargo on Thursday, April 19.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company has market cap of $17.36 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. It has a 59.27 P/E ratio. 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.

Textron Inc. (NYSE:TXT) Institutional Positions Chart

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