Texas Instruments Inc. [TXN] Is Currently -3.34 below its 200 Period Moving Avg: What Does This Mean?

Texas Instruments Inc. [NASDAQ: TXN] traded at a low on Monday, posting a -3.34 loss after which it closed the day’ session at $181.19.

The results of the trading session contributed to over 8654624 shares changing hands. Over the past one week, the price volatility of Texas Instruments Inc. stands at 3.70% while the volatility over the past one month is 2.73%.

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The market cap for TXN stock reached $165.44 billion, with 913.05 million shares outstanding and 911.67 million shares in the current float. Compared to the average trading volume of 5.33M shares, TXN reached a trading volume of 8654624 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 Inc. [TXN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TXN shares is $209.32 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 2.62. 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 6.00, with the Price to Sales ratio for TXN stock in the period of the last 12 months amounting to 10.28. The Price to Book ratio for the last quarter was 9.61, with the Price to Cash per share for the same quarter was set at 10.61. Price to Free Cash Flow for TXN in the course of the last twelve months was 110.73 with Quick ratio for the last quarter at 3.49.

How has TXN stock performed recently?

Texas Instruments Inc. [TXN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.25. With this latest performance, TXN shares dropped by -8.85% in over the last four-week period, additionally plugging by 13.81% over the last 6 months – not to mention a rise of 5.47% 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 32.26, with the RSI for the last a single of trading hit 25.88, and the three-weeks RSI is set at 37.04 for Texas Instruments Inc. [TXN]. The present Moving Average for the last 50 days of trading for this stock 197.51, while it was recorded at 193.36 for the last single week of trading, and 173.42 for the last 200 days.

Texas Instruments Inc. [TXN]: Deeper insight into the fundamentals

Texas Instruments Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.49 and a Current Ratio set at 4.62.

Earnings analysis for Texas Instruments Inc. [TXN]

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 -2.80%.

Insider trade positions for Texas Instruments Inc. [TXN]

The top three institutional holders of TXN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in TXN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TXN stock with ownership which is approximately 5.1238%.

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