Texas Instruments Inc. [NASDAQ: TXN] stock went on a downward path that fall over -0.70% on Wednesday, amounting to a one-week price decrease of less than -1.61%.
Over the last 12 months, TXN stock rose by 14.43%. The one-year Texas Instruments Inc. stock forecast points to a potential downside of -6.56. The average equity rating for TXN stock is currently 2.75, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $175.81 billion, with 910.48 million shares outstanding and 909.11 million shares in the current float. Compared to the average trading volume of 5.44M shares, TXN stock reached a trading volume of 3299769 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Texas Instruments Inc. [TXN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TXN shares is $181.22 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 2.75. 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.
Wells Fargo have made an estimate for Texas Instruments Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 16, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $200 to $175. The new note on the price target was released on May 13, 2024, representing the official price target for Texas Instruments Inc. stock. Previously, the target price had yet another raise from $160 to $175, while TD Cowen kept a Hold rating on TXN stock.
The Average True Range (ATR) for Texas Instruments Inc. is set at 3.52, with the Price to Sales ratio for TXN stock in the period of the last 12 months amounting to 10.46. The Price to Book ratio for the last quarter was 10.35, with the Price to Cash per share for the same quarter was set at 11.41. Price to Free Cash Flow for TXN in the course of the last twelve months was 187.04 with Quick ratio for the last quarter at 3.76.
TXN Stock Performance Analysis:
Texas Instruments Inc. [TXN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.61. With this latest performance, TXN shares dropped by -3.05% in over the last four-week period, additionally plugging by 14.78% over the last 6 months – not to mention a rise of 14.43% 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 49.35, with the RSI for the last a single of trading hit 44.19, and the three-weeks RSI is set at 52.88 for Texas Instruments Inc. [TXN]. The present Moving Average for the last 50 days of trading for this stock 187.73, while it was recorded at 193.95 for the last single week of trading, and 168.06 for the last 200 days.
Insight into Texas Instruments Inc. Fundamentals:
Texas Instruments Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.76 and a Current Ratio set at 4.91.
TXN Stock EPS
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 Inc. go to -6.20%.
Texas Instruments Inc. [TXN] Institutonal Ownership Details
The top three institutional holders of TXN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TXN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TXN stock with ownership which is approximately 5.8386%.
