Textron Inc. s chart and data analysis indicates that the stock price has dropped -0.67% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 18.43% . Looking at the past 52 week period, the stock price is up at 36.53% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Textron Inc. has a positive value of 33.19 compared to overall market.
Textron Inc. stock has recorded a 20-day Moving Average of 2.22% and the 50-Day Moving Average is 3.16%.The 200 Day SMA reached 12.01%Textron Inc. is having a Relative Strength Index of 38.41 which indicates the stock is not yet over sold or over bought based on the technical indicators.Textron Inc. (NYSE:TXT) has tumbled 2.44% during the past week and has dropped 1.26% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.11%. Textron Inc. (NYSE:TXT) has underperformed the index by 4.29% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Textron Inc. (NYSE:TXT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.08% at $47.17 with 3,689,584 shares getting traded. Post opening the session at $46.77, the shares hit an intraday low of $46.731 and an intraday high of $47.45 and the price was in this range throughout the day. The company has a market cap of $12,740 million and the number of outstanding shares has been calculated to be 270,086,400 shares. The 52-week high of Textron Inc. (NYSE:TXT) is $50.93 and the 52-week low is $32.055.
Currently the company Insiders own 0.93% of Textron Inc. shares according to the proxy statements. Institutional Investors own 82.97% of Textron Inc. shares. Company has reported several Insider transactions to the SEC, on Nov 4, 2015, Cheryl H Johnson (Executive VP, Human Resources) sold 2,121 shares at 42.37 per share price.
Textron Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.80 EPS for the quarter, missing the analyst consensus estimate by $ -0.07. Analyst had a consensus of $0.87. The company had revenue of $3825.00 million for the quarter, compared to analysts expectations of $4013.65 million. The companys revenue was down -2.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.81 EPS.
Textron, Inc. is a global multi-industry company with operations in five business segments – Aircraft, Fastening Systems, Industrial Components, Industrial Products and Finance. The companys products include commercial and military helicopters, light and mid-size business jets, plastic fuel tanks, automotive trim products, golf cars and utility vehicles, turf-care equipment, industrial pumps and gears, engineered fastening systems and solutions, and other industrial products. It also is a commercial finance company for select markets.