Wall Streets Insights Into Key Metrics Ahead of Textron Q4 Earnings
| TXT Stock | USD 76.51 0.18 0.23% |
Slightly above 62% of Textron's investor base is looking to short. The analysis of the overall prospects from investing in Textron suggests that many traders are, at the present time, alarmed. Textron's investing sentiment can be driven by a variety of factors including economic data, Textron's earnings reports, geopolitical events, and overall market trends.
Textron |
Get a deeper insight into the potential performance of Textron for the quarter ended December 2024 by going beyond Wall Streets top -and-bottom-line estimates and examining the estimates for some of its key metrics.
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Textron Fundamental Analysis
We analyze Textron's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Textron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Textron based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Textron is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Textron Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Textron stock to make a market-neutral strategy. Peer analysis of Textron could also be used in its relative valuation, which is a method of valuing Textron by comparing valuation metrics with similar companies.
Peers
Textron Related Equities
| MRCY | Mercury Systems | 2.68 | ||||
| HII | Huntington Ingalls | 0.90 | ||||
| NOC | Northrop Grumman | 0.81 | ||||
| LMT | Lockheed Martin | 0.72 | ||||
| TGI | Triumph | 0.42 | ||||
| CW | Curtiss Wright | 0.03 | ||||
| ERJ | Embraer SA | 0.02 | ||||
| GD | General Dynamics | 0.02 | ||||
| RTX | Raytheon Technologies | 0.02 | ||||
| LHX | L3Harris Technologies | 0.02 | ||||
| DRS | Leonardo DRS, | 0.45 | ||||
| HWM | Howmet Aerospace | 0.62 | ||||
| HXL | Hexcel | 1.36 | ||||
| AIR | AAR Corp | 1.57 | ||||
| BA | Boeing | 1.68 | ||||
| EVEX | Eve Holding | 3.02 |
Additional Tools for Textron Stock Analysis
When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.