As of Thursday close, Texas Instruments Incorporated’s (NASDAQ:TXN) stock was up $2.55, moving up 1.53 percent to $169.62. The average number of shares traded per day over the past five days has been 5,795,120 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.19 fall in that time frame. In the last twenty days, the average volume was 4,975,245, while in the previous 50 days, it was 4,936,832.
Since last month, TXN stock rose 3.14%. Shares of the company fell to $159.94 on 05/11/23, the lowest level in the past month. A 52-week high of $186.30 was reached on 03/31/23 after having rallying from a 52-week low of $144.46. Since the beginning of this year, TXN’s stock price has risen by 2.66% or $4.40, and marked a new high 9 times. However, the stock has declined by -8.95% since its 52-week high.
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Sponsored
TXN stock investors should be aware that Texas Instruments Incorporated (TXN) stock had its last reported insider trading activity 102 days ago on Feb 13. BAHAI AHMAD, the Sr. Vice President of the company, disposed of 1,200 shares for $176.67 on Feb 13. It resulted in a $212,003 divestment by the insider. BLINN MARK A sold 3,068 shares at an average price of $181.69 on Feb 03. The insider now owns 11,773 shares following the transaction. On Nov 16, Director CLARK JANET F sold 9,990 shares at $175.16 apiece. The transaction was valued at $1,749,851.
Valuation Metrics
Right now, Texas Instruments Incorporated (TXN) has a P/E ratio of about 19.03. The stock’s beta is 1.01. Besides these, the trailing price-to-sales (P/S) ratio of 7.88, the price-to-book (PB) ratio of 10.09, and the price-to-cash flow ratio of 3748.40 may also be considered.
The latest dividend of $1.24 per share was paid out, remained unchanged from last year’s $1.24. On Thursday September 15 2022, a $0.09 dividend increase was announced.
Financial Health
In the three months ended March 30, Texas Instruments Incorporated’s quick ratio stood at 4.00, while its current ratio was 5.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.63, and the total debt-to-equity ratio was 0.66. On the profitability front, the trailing twelve-month gross margin is 67.60% percent. In the year ended March 30, EBITDA margin amounted to 56.80%, whereas operating margins totaled 48.80%. Based on annual data, TXN earned $13.77 billion in gross profit and brought in $20.03 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 38.00%. Return on equity (ROE) for the past 12 months was 56.30%.
In Texas Instruments Incorporated’s quarter-end financial report for March 30, it reported total debt of $9.63 billion against cash and short-term investments of $5.07 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TXN’s revenue fell -12.01% to $4.67 billion during the quarter, while net income inched up to $4.38 billion. While analysts expected Texas Instruments Incorporated to report $1.78 quarterly earnings, the actual figure was $1.85 per share, beating the consensus estimate by 3.90%. During the quarter, the company generated $2.21 billion in EBITDA. The liabilities of Texas Instruments Incorporated were 13.98 billion at the end of its most recent quarter ended March 30, and its total debt was $10.13 billion. The value of shareholders’ equity is $907.65 million.
Technical Picture
This quick technical analysis looks at Texas Instruments Incorporated’s (TXN) price momentum. With a historical volatility rate of 21.50%, the RSI 9-day stood at 56.36% on 25 May.
With respect to its five-day moving average, the current Texas Instruments Incorporated price is down by -0.11% percent or -$0.19. At present, TXN shares trade +2.63% above its 20-day simple moving average and +2.66% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.74% below its SMA50 and -4.55% below its SMA200.
Stochastic coefficient K was 79.41% and Stochastic coefficient D was 85.01%, while ATR was 3.56. Given the Stochastic reading of 86.66% for the 14-day period, the RSI (14) reading has been calculated as 52.12%. As of today, the MACD Oscillator reading stands at 0.90, while the 14-day reading stands at 2.77.
Analyst Ratings
Texas Instruments Incorporated (TXN) has been rated Hold by analysts. According to 3 brokerage firms, TXN is a sell, and 19 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Texas Instruments Incorporated stock as buy, with 9 recommending it as overweight.
With a median target price of $180.00, the current consensus forecast for the stock is $130.00 – $230.00. Based on these forecasts, analysts predict Texas Instruments Incorporated (TXN) will achieve an average price target of $183.20.