Is Wall Street Bullish or Bearish on Textron Stock?

Valued at a market cap of $15.5 billion, Textron Inc. (TXT) operates in the aircraft, defense, industrial, and finance businesses. The Providence, Rhode Island-based company’s products include commercial and military helicopters, light- and mid-size business jets, plastic fuel tanks, automotive trim products, industrial pumps, and gears, engineered fastening systems and solutions, and other industrial products.

Shares of this aircraft company have significantly underperformed the broader market over the past 52 weeks. TXT has gained 5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.1%. Moreover, shares of TXT are up 1.2%, compared to SPX’s nearly 24.1% return on a YTD basis.