While Texas Instruments Inc has overperformed by 0.02%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TXN rose by 16.42%, with highs and lows ranging from $220.38 to $155.46, whereas the simple moving average fell by -1.21% in the last 200 days.
On November 22, 2024, Wells Fargo started tracking Texas Instruments Inc (NASDAQ: TXN) recommending Equal Weight. A report published by Summit Insights on October 23, 2024, Upgraded its rating to ‘Buy’ for TXN. Citigroup also Upgraded TXN shares as ‘Buy’, setting a target price of $235 on the company’s shares in a report dated August 21, 2024. Wells Fargo Initiated an Underweight rating on May 16, 2024, and assigned a price target of $150. Jefferies May 13, 2024d its ‘Buy’ rating to ‘Hold’ for TXN, as published in its report on May 13, 2024. TD Cowen’s report from April 24, 2024 suggests a price prediction of $175 for TXN shares, giving the stock a ‘Hold’ rating. Evercore ISI also rated the stock as ‘Outperform’.
Analysis of Texas Instruments Inc (TXN)
Investors in Texas Instruments Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $5.26 per share. Further, the quarter-over-quarter decrease in sales is -8.41%, showing a negative trend in the upcoming months.
One of the most important indicators of Texas Instruments Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 29.15% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.14, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and TXN is recording 5.50M average volume. On a monthly basis, the volatility of the stock is set at 2.00%, whereas on a weekly basis, it is put at 2.20%, with a gain of 2.26% over the past seven days. Furthermore, long-term investors anticipate a median target price of $211.63, showing growth from the present price of $192.21, which can serve as yet another indication of whether TXN is worth investing in or should be passed over.
How Do You Analyze Texas Instruments Inc Shares?
The Semiconductors market is dominated by Texas Instruments Inc (TXN) based in the USA. When comparing Texas Instruments Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 35.71, there is a growth in quarterly earnings of -20.60%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.15%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 88.21% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TXN shares are owned by institutional investors to the tune of 88.21% at present.
