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Textron Inc. (TXT)

NYSE - NYSE Delayed Price. Currency in USD
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68.05-0.03 (-0.04%)
At close: 4:03PM EDT

67.32 -0.73 (-1.07%)
After hours: 7:35PM EDT

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  • g
    gekko
    excellent 1Q results ... blew past estimates ... I sold a few hundred and will take more off if it gets near $70 ...
  • s
    stocktargetadvior
    $TXT
    Target Raised by Credit Suisse Outperform USD 72 » USD 73
    Maintains Jefferies Buy USD 70 » USD 75
  • J
    Johnny
    The only way this stock is going higher is if they break up the companies and get rid of the dead weight.
  • G
    Guy
    It sure is a slow process getting back to the $ 70 dollar range.
  • J
    John
    3 to 1 Stock in the near term. Follow history!
  • R
    REC
    $JETS conversation
    Friday's coordinated airline short fails*

    A group of shorts thought that significant airline insider selling in February, combined with the decline provoked by increasing bond yields on Friday, was a very good sign to sell airlines. By 11:30 eastern, the trend reversed after realizing that since over 50% of U.S. 65 year olds have been vaccinated, the Covid-19 mortality rate was effectively cut by 40%. *This is just my opinion of course.

    $JETS $ACDVF $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
  • R
    REC
    $JETS conversation
    Airline Bookings Surge, Buoyed by U.K. Plans to Reopen Travel. Source: Bloomberg.

    $JETS $ACDVF $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
  • R
    REC
    $JETS conversation
    The U.S. government wants to hire 6,000 new airport security screeners by the summer as progress in vaccinating people for Covid-19 is projected to lead to an increase in travel.

    $JETS $AC.TO $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
  • M
    Michelle
    Time for all shareholders en masse to contact the Board of Directors and executive management via email, phone calls, &/or mail. I believe an investigation needs to be done as to why TXT is at one of its lowest levels in years, considering their financials are not that bad, they are being awarded military contracts, investing in innovation such as partnering with Uber on air taxi prototypes etc, and the stock market is at record highs! How are they maximizing shareholder value and dividends compared to their industry peers? Why is the share price being held down?
  • R
    REC
    $JETS conversation
    Already 2.5M shares traded on JETS ETF in first 20 minutes from a daily 6M average!

    $JETS $ACDVF $AAL $UAL $LUV $JBLU $DAL $ALK $SKYW $HA $CJT.TO $ALGT $TXT $GD $RYAAY $WIZZ.L $0753.HK
  • G
    Guy
    will climb back to $72 range resume today? I'm betting it will.
  • G
    Guy
    I am puzzled by price in relation to earnings report.
  • P
    Punjabranger
    Textron is now an Aviation/aerospace company that has this Industrial segment. Industrial is really an automotive supplier (plastic fuel tanks) and something called Textron Specialty Vehicles. TSV is an interesting mix of golf carts, industrial vehicles, aircraft towing and service vehicles, snowmobiles and small all terrain vehicles. A mix of vehicles that seem to have no strategic connections accept the name 'specialty vehicles'...you could put pogo sticks in that mix if you wished. Last addition was Arctic Cat, a money losing company. Now it looks like Arctic Cat was the cause of TSV/Industrial imploding in the 3rd quarter. Not sure when they knew this was coming. It sounds to me that the strategy of TSV and the final addition of Arctic Cat is the culprit. Not sure I would depend on Textron to be a great investment until it fixes its overall strategy. Does it want to be an aerospace company or just a 1960's conglomerate? As an aerospace company, it has some interesting parts that would attract some M&A attention.
  • M
    Moobyet
    Practically they destroyed the stock price today.
  • M
    Michelle
    Yahoo increased the price target recently to $59.58. Seems like there is a lot of forward momentum for a number of reasons. Predictions by anyone for good 4th Q numbers and subsequent stock price rise into the low $ 60's? Also, due to tax reform, does anyone think TXT may now finally channel at least some of their capital into increasing their abysmal dividend? Thoughts? My best wishes to all of you for a happy, healthy, and prosperous 2018!
  • K
    Kent
    Time for a leadership change. Donnelly hasn't delivered.
  • M
    Michelle
    Does anyone know how we can encourage an activist investor to become involved with TXT?

    This company needs to be broken up to unlock shareholder value. The BOD, CEO and upper mgmnt appear quite content with the status quo, as they make their multi million dollar salaries regardless of the severely undervalued share price and pitiful dividend. I also still find it suspicious, in my opinion, that there was much insider selling at $55?
    The share price is being driven into the ground, with no end in sight, unless an outside entity forces them to care about shareholder value, like most companies do.
    Bearish
  • g
    gekko
    Nice numbers, especially 2019 outlook … $3.75 at high end and great free cash flow … should support climb to mid-60's
  • g
    gekko
    WOW !!!! … great news !! … 9% eps beat and 2Q cert of new corp jet … if I sell today's gain so far I could buy the new BMW convert - straight 6 …
  • P
    Punjabranger
    It is hard to not be concerned about Textron at the moment. The stock is down well over 10% since the earnings announcement. It certainly is not because of the earnings itself, they were up. But, of course, the revenues were down and the growth projections of management are less than stellar. Bell and Cessna are still solid assets. However, Bell's growth is dependent on a new commercial a/c (525) and a win on a future army program that is still a couple years in the future for even development. Cessna's growth is predicated on the new Longitude, probably pretty solid, and the improvement in the overall biz jet market.

    While Textron has become more focused on aviation over the past few years, with a continuing notable position in defense as well. It still has the industrial business which is really a hodgepodge of 'specialty' vehicles and a plastic fuel tank business. While they divested the tool and test business, they doubled down on specialty vehicles by purchasing a financially challenged snowmobile maker.

    The old adage that you either grow or die seems like an apt thing to remember. The growth of its' parts is certainly a challenge.
    Its' individual parts may be more valuable to someone else's more focused portfolio and I hope they are at least seriously looking at this as a strategic option.