Way undervalued given the growth in business ahead. Material news coming about spinoff very soon. Dividend going up next quarter. They are hiring so many people that they can barely keep up with growth. Foreign Military Sales coming. TXT is Ready for takeoff now.
I wish I had more money to buy some more TXT. I'll tell you one thing- TXT shareholders are such a conservative bunch that unless a daughter is getting married, they just don't sell till retirement. My dad tells me tails of his friends that held through the big dip and wont sell till after they retire. Good thing too because this is one heack of a healthy company now, thanks to Scott and TXT will go way up, 40 is too low.
Did you forget TXT finance improvements? And all those younger people they hired and got rid of the old farts means less recurring cost of labor. Sorry, but it helps the bottom line. TXT may even buy the shares back after Textron non-captive finance obligations are resolved this quarter. Share buyback will push TXT much higher.