With 3.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.91 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $82.641 whereas the lowest price it dropped to was $80.54. The 52-week range on TXT shows that it touched its highest point at $97.33 and its lowest point at $74.13 during that stretch. It currently has a 1-year price target of $100.86. With its current market cap of 15.27 billion, TXT has annualized dividend of $0.08 while the current yield stands at 0.10%. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TXT was down-trending over the past week, with a drop of -9.78%, but this was down by -4.68% over a month. Three-month performance dropped to -11.48% while six-month performance fell -4.02%. The stock gained 8.61% in the past year, while it has gained 1.33% so far this year. A look at the trailing 12-month EPS for TXT yields 4.73 with Next year EPS estimates of 6.89. For the next quarter, that number is 1.74. This implies an EPS growth rate of 6.75% for this year and 15.48% for next year. EPS is expected to grow by 10.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.11%.
Float and Shares Shorts:
At present, 192.90 million TXT shares are outstanding with a float of 186.18 million shares on hand for trading. On 2024-09-30, short shares totaled 3.82 million, which was 203.99998999999997 higher than short shares on 1724976000. In addition to Mr. Scott C. Donnelly as the firm’s Chairman, President & CEO, Mr. Frank Thomas Connor serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.8622 of TXT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-29, TXT reported revenue of $3527000000.0 and operating income of $361000000.0. The EBITDA in the recently reported quarter was $451000000.0 and diluted EPS was $1.35.
