Shares of TXT traded higher by 2.19% or $0.345/share to $16.10. Textron Inc. is trading at a price to book ratio of 1.38. The PEG is 0.39 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.4. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5816220 shares of TXT exchange hands on a given day and today's volume is recorded at 4933534. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services globally.
