The price-to-earnings ratio for Texas Instruments Inc. (NASDAQ: TXN) is above average at 24.49x, Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 17 as “hold,” and 1 as “sell.”
The public float for TXN is 907.82M, and currently, short sellers hold a 1.97% ratio of that floaft. The average trading volume of TXN on April 02, 2024 was 5.65M shares.
TXN) stock’s latest price update
Texas Instruments Inc. (NASDAQ: TXN)’s stock price has decreased by -0.60 compared to its previous closing price of 174.21. However, the company has seen a 0.40% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that Texas Instruments (TXN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
TXN’s Market Performance
Texas Instruments Inc. (TXN) has experienced a 0.40% rise in stock performance for the past week, with a 3.49% rise in the past month, and a 0.84% rise in the past quarter. The volatility ratio for the week is 1.85%, and the volatility levels for the past 30 days are at 2.09% for TXN. The simple moving average for the last 20 days is 0.80% for TXN stock, with a simple moving average of 5.10% for the last 200 days.
Analysts’ Opinion of TXN
Many brokerage firms have already submitted their reports for TXN stocks, with TD Cowen repeating the rating for TXN by listing it as a “Market Perform.” The predicted price for TXN in the upcoming period, according to TD Cowen is $160 based on the research report published on January 24, 2024 of the current year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see TXN reach a price target of $180. The rating they have provided for TXN stocks is “Neutral” according to the report published on January 23rd, 2024.
UBS gave a rating of “Buy” to TXN, setting the target price at $195 in the report published on January 19th of the current year.
TXN Trading at 3.75% from the 50-Day Moving Average
After a stumble in the market that brought TXN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.95% of loss for the given period.
Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 1.85%, as shares surge +1.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.75% upper at present.
During the last 5 trading sessions, TXN rose by +0.40%, which changed the moving average for the period of 200-days by -2.39% in comparison to the 20-day moving average, which settled at $171.89. In addition, Texas Instruments Inc. saw 1.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TXN starting from BLINN MARK A, who sale 1,744 shares at the price of $159.85 back on Jan 31 ’24. After this action, BLINN MARK A now owns 11,693 shares of Texas Instruments Inc., valued at $278,776 using the latest closing price.
KIRK RONALD, the Director of Texas Instruments Inc., sale 12,299 shares at $145.51 during a trade that took place back on Nov 13 ’23, which means that KIRK RONALD is holding 13,637 shares at $1,789,602 based on the most recent closing price.
Stock Fundamentals for TXN
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.63 for the gross margin
The net margin for Texas Instruments Inc. stands at 0.37. The total capital return value is set at 0.25. Equity return is now at value 41.15, with 21.75 for asset returns.
Based on Texas Instruments Inc. (TXN), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.66. The interest coverage ratio of the stock is 20.77.
Currently, EBITDA for the company is 9.01 billion with net debt to EBITDA at 0.92. When we switch over and look at the enterprise to sales, we see a ratio of 9.46. The receivables turnover for the company is 7.67for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.55.
Conclusion
In a nutshell, Texas Instruments Inc. (TXN) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
