The stock of Texas Instruments Inc. (TXN) has gone up by 1.69% for the week, with a -2.43% drop in the past month and a 3.97% rise in the past quarter. The volatility ratio for the week is 2.08%, and the volatility levels for the past 30 days are 2.46% for TXN. The simple moving average for the past 20 days is -0.30% for TXN’s stock, with a 11.84% simple moving average for the past 200 days.
Is It Worth Investing in Texas Instruments Inc. (NASDAQ: TXN) Right Now?
The price-to-earnings ratio for Texas Instruments Inc. (NASDAQ: TXN) is 35.27x, which is above its average ratio. Moreover, the 36-month beta value for TXN is 0.98. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 6 as “overweight,” 17 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for TXN is 911.63M and currently, short sellers hold a 2.34% of that float. On September 23, 2024, TXN’s average trading volume was 5.44M shares.
TXN) stock’s latest price update
The stock of Texas Instruments Inc. (NASDAQ: TXN) has decreased by -2.07 when compared to last closing price of 207.60. Despite this, the company has experienced a 1.69% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-21 that As a dividend growth investor focused on income, I recommend raising cash and selling lower-quality stocks due to potential recession risks. Historical data shows that rate cuts often precede recessions, making it prudent to increase cash positions and reduce exposure to vulnerable stocks. Despite some reasonable buying opportunities, I prefer holding cash in ETFs like SGOV for liquidity and safety during uncertain economic times.
Analysts’ Opinion of TXN
Many brokerage firms have already submitted their reports for TXN stocks, with Citigroup repeating the rating for TXN by listing it as a “Buy.” The predicted price for TXN in the upcoming period, according to Citigroup is $235 based on the research report published on August 21, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see TXN reach a price target of $150. The rating they have provided for TXN stocks is “Underweight” according to the report published on May 16th, 2024.
Jefferies gave a rating of “Hold” to TXN, setting the target price at $175 in the report published on May 13th of the current year.
TXN Trading at 1.41% 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 -5.29% of loss for the given period.
Volatility was left at 2.46%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares sank -0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.66% upper at present.
During the last 5 trading sessions, TXN rose by +1.69%, which changed the moving average for the period of 200-days by +29.14% in comparison to the 20-day moving average, which settled at $203.88. In addition, Texas Instruments Inc. saw 19.27% 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 PATSLEY PAMELA H, who sale 6,065 shares at the price of $212.43 back on Aug 29 ’24. After this action, PATSLEY PAMELA H now owns 33,348 shares of Texas Instruments Inc., valued at $1,288,388 using the latest closing price.
Gary Mark, the Sr. Vice President of Texas Instruments Inc., sale 15,165 shares at $212.63 during a trade that took place back on Aug 29 ’24, which means that Gary Mark is holding 45,143 shares at $3,224,484 based on the most recent closing price.
Stock Fundamentals for TXN
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.59 for the gross margin
The net margin for Texas Instruments Inc. stands at 0.33. The total capital return value is set at 0.19. Equity return is now at value 31.88, with 16.02 for asset returns.
Based on Texas Instruments Inc. (TXN), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.46. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is 13.17.
Currently, EBITDA for the company is 9.01 billion with net debt to EBITDA at 1.49. When we switch over and look at the enterprise to sales, we see a ratio of 12.23. The receivables turnover for the company is 9.41for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.62.
Conclusion
To wrap up, the performance of Texas Instruments Inc. (TXN) has been better in recent times. The stock has received a bullish of “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.
