If you are wondering whether Textron’s current share price reflects its true worth, you are not alone. This article is built to help you size up that question clearly.
Textron shares recently closed at US$95.00, with returns of 0.8% over 7 days, 5.3% over 30 days, 9.1% year to date, 23.2% over 1 year and 31.8% over 3 years, while the 5 year return sits at 111.0%.
These price moves sit against a backdrop of ongoing market interest in Textron as an industrial and aerospace group. Investors are paying close attention to how its mix of aviation, defense and specialized manufacturing businesses is positioned. Broader sector news around aircraft demand, defense spending and capital investment cycles continues to influence how the market…
