Media headlines about Textron (NYSE:TXT) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Textron earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the aerospace company an impact score of 45.6393386909395 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Textron (NYSE TXT) opened at 53.26 on Monday. The firm’s 50-day moving average price is $52.24 and its 200 day moving average price is $48.80. The company has a market cap of $14.10 billion, a price-to-earnings ratio of 16.28 and a beta of 1.59. Textron has a 12-month low of $37.19 and a 12-month high of $55.80.

Textron (NYSE:TXT) last released its quarterly earnings data on Wednesday, July 19th. The aerospace company reported $0.60 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.05. The business had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.57 billion. Textron had a return on equity of 11.97% and a net margin of 6.45%. The company’s revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the business posted $0.66 EPS. On average, analysts predict that Textron will post $2.52 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Sunday, October 1st. Shareholders of record on Friday, September 15th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.15%. Textron’s payout ratio is currently 2.45%.

Several brokerages recently commented on TXT. Jefferies Group LLC reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Textron in a report on Tuesday, September 26th. ValuEngine lowered Textron from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research lowered Textron from a “buy” rating to a “hold” rating in a report on Thursday. Stephens reaffirmed an “equal weight” rating and issued a $63.00 price objective (up previously from $54.00) on shares of Textron in a report on Friday. Finally, BidaskClub lowered Textron from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. Textron presently has an average rating of “Hold” and an average price target of $54.50.

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Textron Company Profile

Textron Inc is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The Company operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. The Textron Aviation segment is engaged in general aviation.

Insider Buying and Selling by Quarter for Textron (NYSE:TXT)

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