Textron Inc. (TXT) Soars to 52-Week High, Time to Cash Out?

Zacks04-09

Shares of Textron (TXT) have been strong performers lately, with the stock up 5.6% over the past month. The stock hit a new 52-week high of $97.34 in the previous session. Textron has gained 20.6% ...

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Textron has gained 20.6% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/textron-inc-txt-soars-52-131503289.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Textron Inc. 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(TXT) Soars to 52-Week High, Time to Cash Out?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-09 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/textron-inc-txt-soars-52-131503289.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Textron (TXT) have been strong performers lately, with the stock up 5.6% over the past month. The stock hit a new 52-week high of $97.34 in the previous session. Textron has gained 20.6% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/textron-inc-txt-soars-52-131503289.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LDOS","symbol_name":"Leidos Holdings Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/textron-inc-txt-soars-52-131503289.html","article_id":"2426867119","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UPInF06X6fJkTqeimnpZuQ--~B/aD03NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/078b2d95159d12a337f09f2519ff10ba"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426867119","pubTimestamp":1712668503,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Shares of Textron  have been strong performers lately, with the stock up 5.6% over the past month. The stock hit a new 52-week high of $97.34 in the previous session. Textron has gained 20.6% since the start of the year compared to the -5.1% move for the Zacks Aerospace sector and the -9.4% return for the Zacks Aerospace - Defense industry.The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on January 24, 2024, Textron reported EPS of $1.6 versus consensus estimate of $1.53 while it missed the consensus revenue estimate by 0.65%.For the current fiscal year, Textron is expected to post earnings of $6.27 per share on $14.64 billion in revenues. This represents a 12.16% change in EPS on a 6.99% change in revenues. For the next fiscal year, the company is expected to earn $6.95 per share on $15.6 billion in revenues. This represents a year-over-year change of 10.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LDOS":"Leidos Holdings Inc","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4123":"调查和咨询服务","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","TXT":"德事隆","BK4187":"航天航空与国防"},"translate_title":"德事隆公司（Textron Inc。）飙升至52周高点，是时候套现了吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LDOS":1,"TXT":1},"content_text":"Shares of Textron (TXT) have been strong performers lately, with the stock up 5.6% over the past month. The stock hit a new 52-week high of $97.34 in the previous session. Textron has gained 20.6% since the start of the year compared to the -5.1% move for the Zacks Aerospace sector and the -9.4% return for the Zacks Aerospace - Defense industry.\nWhat's Driving the Outperformance?\nThe stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on January 24, 2024, Textron reported EPS of $1.6 versus consensus estimate of $1.53 while it missed the consensus revenue estimate by 0.65%.\nFor the current fiscal year, Textron is expected to post earnings of $6.27 per share on $14.64 billion in revenues. This represents a 12.16% change in EPS on a 6.99% change in revenues. For the next fiscal year, the company is expected to earn $6.95 per share on $15.6 billion in revenues. This represents a year-over-year change of 10.85% and 6.59%, respectively.\nValuation Metrics\nTextron may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.\nOn this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.\nTextron has a Value Score of B. The stock's Growth and Momentum Scores are B and D, respectively, giving the company a VGM Score of B.\nIn terms of its value breakdown, the stock currently trades at 15.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 18.5X. On a trailing cash flow basis, the stock currently trades at 12.5X versus its peer group's average of 12.9X. Additionally, the stock has a PEG ratio of 1.53. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.\nZacks Rank\nWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Textron currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.\nSince we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Textron fits the bill. Thus, it seems as though Textron shares could have potential in the weeks and months to come.\nHow Does TXT Stack Up to the Competition?\nShares of TXT have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Leidos Holdings, Inc. (LDOS). LDOS has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of B, and a Momentum Score of B.\nEarnings were strong last quarter. Leidos Holdings, Inc. beat our consensus estimate by 15.03%, and for the current fiscal year, LDOS is expected to post earnings of $7.76 per share on revenue of $15.97 billion.\nShares of Leidos Holdings, Inc. have gained 1.6% over the past month, and currently trade at a forward P/E of 16.66X and a P/CF of 9.19X.\nThe Aerospace - Defense industry is in the top 40% of all the industries we have in our universe, so it looks like there are some nice tailwinds for TXT and LDOS, even beyond their own solid fundamental situation.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nTextron Inc. (TXT) : Free Stock Analysis Report\nLeidos Holdings, Inc. (LDOS) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426867119"}