Texas Instruments Incorporated [TXN] moved up 0.97: Why It’s Important

Texas Instruments Incorporated [NASDAQ: TXN] closed the trading session at $178.40 on 01/10/23. The day’s price range saw the stock hit a low of $175.825, while the highest price level was $179.62. The company report on January 4, 2023 that Texas Instruments to webcast Q4 2022 and 2022 earnings conference call.


Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.

Sponsored


Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its fourth quarter and year-end 2022 earnings conference call on Tuesday, Jan. 24, at 3:30 p.m. Central time. Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI’s financial results and answer questions from the investor audience.

You can access the audio webcast on the Investor Relations section of the company’s website at www.ti.com/ir. An archived copy of the webcast will be available shortly after the call concludes.

The stocks have a year to date performance of 7.98 percent and weekly performance of 9.31 percent. The stock has been moved at 15.50 percent over the last six months. The stock has performed 1.16 percent around the most recent 30 days and changed 13.78 percent over the most recent 3-months.

If compared to the average trading volume of 5.73M shares, TXN reached to a volume of 4267361 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $172.90 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 2.70. 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.

Credit Suisse have made an estimate for Texas Instruments Incorporated shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 16, 2022. The new note on the price target was released on October 24, 2022, representing the official price target for Texas Instruments Incorporated stock. Previously, the target price had yet another raise to $170, while Cowen analysts kept a Market Perform rating on TXN stock.

The Average True Range (ATR) for Texas Instruments Incorporated is set at 4.72, with the Price to Sales ratio for TXN stock in the period of the last 12 months amounting to 7.64. The Price to Book ratio for the last quarter was 11.23, with the Price to Cash per share for the same quarter was set at 10.51. Price to Free Cash Flow for TXN in the course of the last twelve months was 91.47 with Quick ratio for the last quarter at 4.10.

TXN stock trade performance evaluation

Texas Instruments Incorporated [TXN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.31. With this latest performance, TXN shares gained by 1.16% in over the last four-week period, additionally plugging by 15.50% over the last 6 months – not to mention a drop of -0.58% 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 61.72, with the RSI for the last a single of trading hit 68.01, and the three-weeks RSI is set at 58.41 for Texas Instruments Incorporated [TXN]. The present Moving Average for the last 50 days of trading for this stock 170.89, while it was recorded at 173.27 for the last single week of trading, and 168.15 for the last 200 days.

Texas Instruments Incorporated [TXN]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Texas Instruments Incorporated [TXN] shares currently have an operating margin of +49.14 and a Gross Margin at +66.69. Texas Instruments Incorporated’s Net Margin is presently recorded at +42.17.

Return on Equity for this stock inclined to 68.70, with Return on Assets sitting at 35.14.

Texas Instruments Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.10 and a Current Ratio set at 4.90.

Earnings per share (EPS) analysis for Texas Instruments Incorporated [TXN] stock

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%.

Texas Instruments Incorporated [TXN]: Insider Ownership positions

There are presently around $135,701 million, or 86.70% of TXN stock, in the hands of institutional investors. The top three institutional holders of TXN stocks are: VANGUARD GROUP INC with ownership of 87,221,995, which is approximately 0.255% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 75,190,812 shares of the stock with an approximate value of $13.41 billion in TXN stocks shares; and STATE STREET CORP, currently with $6.72 billion in TXN stock with ownership of nearly 0.27% of the company’s market capitalization.

Positions in Texas Instruments Incorporated stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 991 institutional holders increased their position in Texas Instruments Incorporated [NASDAQ:TXN] by around 35,546,529 shares. Additionally, 792 investors decreased positions by around 41,201,121 shares, while 301 investors held positions by with 683,907,747 shares. The mentioned changes placed institutional holdings at 760,655,397 shares, according to the latest SEC report filing. TXN stock had 133 new institutional investments in for a total of 12,416,168 shares, while 91 institutional investors sold positions of 1,920,378 shares during the same period.

LEAVE A REPLY

Please enter your comment!
Please enter your name here