Texas Instruments Incorporated [NASDAQ: TXN] slipped around -1.68 points on Monday, while shares priced at $136.98 at the close of the session, down -1.21%.
Texas Instruments Incorporated stock is now 6.77% up from its year-to-date (YTD) trading value. TXN Stock saw the intraday high of $137.12 and lowest of $134.32 per share. The company’s 52-week high price is 148.37, which means current price is +47.15% above from all time high which was touched on 09/02/20.
Compared to the average trading volume of 4.48M shares, TXN reached a trading volume of 6024758 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Texas Instruments Incorporated [TXN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TXN shares is $139.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TXN stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DZ Bank have made an estimate for Texas Instruments Incorporated shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 23, 2020. The new note on the price target was released on July 09, 2020, representing the official price target for Texas Instruments Incorporated stock. Previously, the target price had yet another raise from $94 to $108, while Morgan Stanley kept a Underweight rating on TXN stock.
The Average True Range (ATR) for Texas Instruments Incorporated is set at 3.42, with the Price to Sales ratio for TXN stock in the period of the last 12 months amounting to 9.28. The Price to Book ratio for the last quarter was 16.42, with the Price to Cash per share for the same quarter was set at 5.35. Price to Free Cash Flow for TXN in the course of the last twelve months was 51.06 with Quick ratio for the last quarter at 2.90.
How has TXN stock performed recently?
Texas Instruments Incorporated [TXN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.12. With this latest performance, TXN shares dropped by -1.15% in over the last four-week period, additionally plugging by 39.15% over the last 6 months – not to mention a rise of 8.14% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TXN stock in for the last two-week period is set at 47.01, with the RSI for the last a single of trading hit 42.43, and the three-weeks RSI is set at 49.40 for Texas Instruments Incorporated [TXN]. The present Moving Average for the last 50 days of trading for this stock 136.50, while it was recorded at 139.27 for the last single week of trading, and 123.90 for the last 200 days.
Texas Instruments Incorporated [TXN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Texas Instruments Incorporated [TXN] shares currently have an operating margin of +39.54 and a Gross Margin at +61.71. Texas Instruments Incorporated’s Net Margin is presently recorded at +34.66.
Return on Total Capital for TXN is now 39.08, given the latest momentum, and Return on Invested Capital for the company is 35.89. Return on Equity for this stock inclined to 55.70, with Return on Assets sitting at 28.36. When it comes to the capital structure of this company, Texas Instruments Incorporated [TXN] has a Total Debt to Total Equity ratio set at 68.88. Additionally, TXN Total Debt to Total Capital is recorded at 40.79, with Total Debt to Total Assets ending up at 34.05. Long-Term Debt to Equity for the company is recorded at 62.45, with the Long-Term Debt to Total Capital now at 36.98.
Reflecting on the efficiency of the workforce at the company, Texas Instruments Incorporated [TXN] managed to generate an average of $167,462 per employee. Receivables Turnover for the company is 12.61 with a Total Asset Turnover recorded at a value of 0.82.Texas Instruments Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.90 and a Current Ratio set at 3.90.
Earnings analysis for Texas Instruments Incorporated [TXN]
With the latest financial reports released by the company, Texas Instruments Incorporated posted 1.49/share EPS, while the average EPS was predicted by analysts to be reported at 1.42/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TXN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Texas Instruments Incorporated go to 10.00%.
Insider trade positions for Texas Instruments Incorporated [TXN]
There are presently around $106,206 million, or 86.10% of TXN stock, in the hands of institutional investors. The top three institutional holders of TXN stocks are: VANGUARD GROUP INC with ownership of 86,651,170, which is approximately -4.781% of the company’s market cap and around 0.24% of the total institutional ownership; BLACKROCK INC., holding 70,181,716 shares of the stock with an approximate value of $9.61 billion in TXN stocks shares; and STATE STREET CORP, currently with $5.61 billion in TXN stock with ownership of nearly 0.114% of the company’s market capitalization.
Positions in Texas Instruments Incorporated stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 767 institutional holders increased their position in Texas Instruments Incorporated [NASDAQ:TXN] by around 34,163,739 shares. Additionally, 730 investors decreased positions by around 41,377,704 shares, while 239 investors held positions by with 699,799,658 shares. The mentioned changes placed institutional holdings at 775,341,101 shares, according to the latest SEC report filing. TXN stock had 200 new institutional investments in for a total of 3,437,488 shares, while 73 institutional investors sold positions of 1,333,352 shares during the same period.