Array ( [id] => 2260 [name] => Textron Inc [sym] => TXT [exchange] => nyse [sector] => Industrial Goods [industry] => Aerospace & Defense [yearfounded] => 1967 [ceo] => Mr. Scott Donnelly [website] => http://www.textron.com [video] => [headquarters] => 40 WESTMINSTER ST, PROVIDENCE, RI, 02903-2525 US [employees] => 33000 [description] => [ipo] => ) stock id : 2260 How To Buy Textron Stock TXT? - With No Commission Fees

How To Buy Textron Stock TXT

JSON STOCK OUTPUT :
Stock name : Textron Inc
Stock price 20 min delay: 73.65 USD
Stock ticker : TXT
Stock exchange : nyse
Stock priceopen : 73.35 USD
Stock Number Of Shares : 224,138,000
Stock MarketCap : 16,507,756,677
Stock VolumeAVG : 1,180,218
Stock PE : 23.92
Stock EPS : 3.08
Stock High52 : 74.8
Stock Low52 : 31.82

Textron Inc TXT in Detail

You can buy Textron Inc shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Textron Inc shares with a broker like eToro or you can trade Textron Inc CFDs with XTB you can begin trading Textron Inc shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Textron Inc stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB IC Markets AvaTrade Roboforex FP Markets
Rating
Used By 20,000,000+ 250,000+ 180,000+ 200,000+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Textron Stock. What you should know, Types of trading Textron Inc Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Textron Stock Table of Contents

Textron Inc Financial Details

Financial Details

Textron Inc Stock symbol TXT
Textron Inc Sector and Industry Industrial Goods Aerospace & Defense
Textron Inc Exchange NYSE - New York Stock Exchange
Current Textron Inc Stock Price (*delayed) $73.65
Stock Open Price $$73.35
52 Week High $74.8
52 Week Low $31.82
Textron Inc Market Capitalisation 16,507,756,677
Textron Inc Average Volume 1,180,218
Textron Inc PE 23.92
Textron Inc EPS 3.08
Stock Currency USD

Overview of Textron Inc

Textron Inc is an American Industrial Goods Aerospace & Defense company currently traded on the NYSE which fully known as the New York Stock Exchange.

Textron Inc trades under the stock symbol TXT on the NYSE.

Textron Inc shares are exchanged in USD on the NYSE.

Textron Inc has a current share price of $73.65 USD dated 31/01/2020.

The highest Textron Inc share price over the last 52 weeks was $74.8 USD and its lowest price over the last 52 weeks was $31.82 USD. That is a 52 week price range of $31.82 - $74.8.

Textron Inc Trading Volume and PE

Textron Inc currently has 224,138,000 active shares in circulation traded through the NYSE exchange.

Textron Inc market capitalization is $16,507,756,677 with an average daily trading volume of 1,180,218 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Textron Inc has a Price Earning Ratio ( PE ) of 23.92 and earning per share ( EPS ) of 3.08. Generally speaking Textron Inc having a high P/E ratio means that Textron Inc investors forsee increased growth with Textron Inc in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Textron Inc earnings per share is Disney company profit that's allocated to every Textron Inc common stock. Earnings per share is calculated by taking the difference between Textron Inc's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Textron Inc shares outstanding.

Textron Inc Information

Textron Inc Location & Information

Textron Inc Employees 33,000
Year Founded 1967
Textron Inc IPO
Textron Inc Head Quarters 40 WESTMINSTER ST, PROVIDENCE, RI, 02903-2525 US
Textron Inc Industry Industrial Goods - Aerospace & Defense
Website URL http://www.textron.com

Textron Inc Executives and Board Members

CEO Mr. Scott Donnelly

How To Buy Textron Stock Guide

Buying Textron Inc Stocks and CFDs

When investing in Textron Inc you have several options as to what type of investment you wish to conduct. You can buy traditional Textron Inc shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Textron Inc shares with stock brokers and trading Textron Inc with CFDs below.

Textron Inc CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Textron Inc stock.

If you buy Textron Inc shares with a stock broker you actually own a share of Textron Inc. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Textron Inc price will change up or down.

Lets explain why you would buy Textron Inc as a CFD instead of as a share.

If you went and brought 100 Textron Inc shares at $100 a share with a stock broker you own $1000 of Textron Inc.

The main difference when trading Textron Inc as a CFD and buying Textron Inc as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Textron Inc you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Textron Inc. Trading an Textron Inc CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Textron Inc CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Textron Inc share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Textron Inc CFD long would be hoping to profit from a rise in the Textron Inc share price. An Textron Inc CFD short would be aiming to profit from a fall in the Textron Inc stock price. Trading CFDs allows traders to profit from both directions of the Textron Inc price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Textron Inc shares you can only profit from a rise in the Textron Inc stock price.

Textron Inc CFD and Stock Market Times

When trading in traditional Textron Inc shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Textron Inc Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Textron Inc stock. This limits your risk to your initial amount invested in Textron Inc. You can only lose the amount invested with traditional Textron Inc shares. Another benefit of buying Textron Inc shares with a broker is that you may be eligible to receive Textron Inc company dividends if applicable.

If you Invest in Textron Inc via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Textron Inc. If you buy Textron Inc stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Textron Inc benefits as in owning a certain amount of stock for a set period.

If you own shares in Textron Inc you may be eligible to voting rights at Textron Inc shareholder general meetings.

Textron Inc Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Textron Inc Stocks and shares are only exempt from tax if the Textron Inc shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Textron Inc Stocks and Shares or Textron Inc CFDs?

There are pros and cons to trading in both Textron Inc Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Textron Inc stocks and shares is better suited for long term investments. Historically Textron Inc shares provide better returns over the long term, usually a 10 year period.

Textron Inc CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Textron Inc share investors aim to profit on the fluctuating highs and lows of the Textron Inc price throughout the day. Day trading as you can imagine focuses on profiting from the daily Textron Inc stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Textron Inc stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Textron Inc share price for example to a known amount.

Example Cost of Buying Textron Inc as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Textron Inc CFD trade example Textron Inc Share deal example
Market price $73.65 $73.65
Broker Deal Invest $14.73 at 1:5 Margin (20%) Buy at $73.65 a share
Deal size 100 shares 100 shares
Initial outlay

$1473

(Margin = exposure x 20% margin factor)

$7365

(100 shares at $73.65)
Stamp duty No £20
Close price Sell at $88.38 Sell at $88.38
Estimated Profit

(14.73 point increase x 100 shares = $1473)

*Not including commission fees and taxes

($8838 - $7365 = $1473)

*Not including commission fees and taxes
Trade Textron Inc CFDs now with XTB Trade Textron Inc Shares now with eToro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Textron Inc shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Textron Inc.


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67% of retail investor accounts lose money when trading CFDs with this provider.