Textron Stock Buy or Sell? TXT Stocks Forecast

Market Capitalization: 15 245 268 000 $
EBITDA: 1 581 000 000 $
Price to Earnings: 16.8
Quarterly Earnings Growth YOY: 0.274
Quarterly Revenue Growth YOY: 0.086
Trailing PE: 16.8
Forward PE: 16.56
Shares Outstanding: 196005000






Textron Stock Buy or Sell? TXT Stocks Analytic Forecasts

Updated on November 29, 2023 (12:52)

Textron Inc. (TXT prediction charts) Sector: Industrials

We present you the most up-to-date and complete review of analytical trend forecasts and views on the TXT stock market. Experts share their opinions on what to expect from the Textron Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Textron stocks.

Textron Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy TXT Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Normad Capital and is titled

“Textron: Demand Is Robust And Its Venture Into Unmanned Cargo Aircraft Segment”

is published on November 15 (2023) and has 0 likes. The review predicts Bullish market trend.

It summarize the following theses:

  • Textron’s strong revenue growth and margin expansion in 3Q23 support a low PE and a buy rating.
  • I expect TXT to trade closer to peers.
  • The demand for TXT’s aviation products remains robust, and its venture into the unmanned cargo aircraft segment offers potential revenue growth.

The author starts his analytic review with the following:

Readers may find my previous coverage via this link. My previous rating was a buy as I believed Textron (NYSE:TXT) was trading at a low multiple and it should trend upwards as it continues to deliver positively on its financial performance. I am reiterating my buy rating for TXT as yet again it is trading at a low PE. With its strong revenue growth and margin expansion reported in 3Q23, driven by strong volume and pricing, I believe TXT should be trading at 17x PE.

The author declares an interesting position, and the number of his followers is 691 and it grows, but not that weighty compared to other authors.
Normad Capital has 261 works published.
The contributor of experts community since 2022


One more noteworthy article is written by Dhierin Bechai under the title

“Textron Stock Can Soar With Robust Shareholder Returns”

on October 31 (2023) and has 1 likes. The expert reflects Bullish trend of the market.

Нis theses make you think about whether to add TXT stocks to your investment portfolio or not, and helps to work out your own Textron stock selling strategies:

  • Textron’s quarterly results showed revenue growth and outperformed analyst estimates despite supply chain challenges.
  • The company increased its guidance for the year and expects adjusted earnings per share to be higher than previously projected.
  • Textron stock is a good buy, with potential upside in the coming years and positive prospects for revenue and margins.

Dhierin Bechai starts analysis with such words:

passion4nature/iStock Editorial via Getty Images

This author is very popular among the auditory. He has 15298 followers

Dhierin Bechai is the contributor of experts community since 2013. Has published at least 1692 articles.


Another analysis presented by Ramkumar Raja Chidambaram came out on October 10 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for TXT stocks. It sounds like

“A Deep Dive Into Textron Stock: A Cautious ‘Buy’”

Article has got 0 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the Textron Inc., the expert says the following:

  • Textron Inc. showed promising financial growth in Q2 2023, with significant revenue upticks in its Aviation and Industrial segments.
  • The company increased its EPS guidance for 2023 and has a substantial backlog for future business.
  • The company has high earnings quality, with free cash flow exceeding net income.

And here, what comes first:

Investment Thesis Textron Inc. (NYSE:TXT), a conglomerate with interests in various sectors such as aviation, industrial, and defense, shows promising financial growth in Q2 2023. Most notably, the company’s Aviation and Industrial segments are flourishing, registering significant revenue upticks. Also, as of July 1, 2023, the company is sitting on a hefty backlog of about $14.293 billion, which is good news for future earnings. In addition, the company has recently signed promising deals, including one with NetJets for up to 1,500 Cessna Citation business jets over 15 years and a separate $241.37 million contract through Textron Systems with the US Navy.

The author declares an interesting position, and the number of his followers is 143 and it grows, but not that weighty compared to other authors.
Ramkumar Raja Chidambaram has 22 analytic reviews published.
The contributor of experts community since 2023


The Share Price of Textron Inc. (TXT) for now

What analysts predict: $86.67
52-week high/low: $81.39 / $61.24

50/200 Day Moving Average: $77.12 / $71.74

The average stock price over the previous 50/200 days. For Textron stocks, the 50-day moving average is the resistance level for now. For TXT stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for TXT stock with charts and tables

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