Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Textron fell $1.06 (-3.5%) to $29.69 on average volume. Throughout the day, 3.2 million shares of Textron exchanged hands as compared to its average daily volume of 2.6 million shares. The stock ranged in price between $29.64-$30.83 after having opened the day at $30.59 as compared to the previous trading day's close of $30.75. Other companies within the Aerospace/Defense industry that declined today were:
), down 4.9%,
), down 2.3%,
), down 2.2%, and
), down 2.1%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates in five segments: Cessna, Bell, Textron Systems, Industrial, and Finance. Textron has a market cap of $8.5 billion and is part of the industrial goods sector. Currently there are eight analysts that rate Textron a buy, no analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates Textron as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Textron Ratings Report.
- Use our aerospace/defense section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
) while those bearish on the aerospace/defense industry could consider
- Find other investment ideas from our top rated ETFs lists.