Textron has its results just around the corner and there is a good chance that the company may deliver an all-around beat. It had a solid previous quarter with strong execution and higher revenues that resulted in segment profit margin. A strong demand, increased deliveries for the company’s citation jets, solid pricing, higher aftermarket volumes from an increased aircraft utilization, and commercial turboprops has been seen by the management. In the last quarter, order activity was strong, which reflected continued order momentum. On the innovation front, Textron delivered the foremost Cessna SkyCourier to its launch customer FedEx and the foremost XLS Gen2 aircraft. Across all models, the commercial order activity has been quite strong for the company. On the industrial front, higher revenues have been seen driven by higher volume and pricing in specialized vehicles, particularly in its golf product lines and personal transportation. We provide the stock of Textron with a ‘Hold’ rating and a revision in the target price.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
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