Texas Instruments (NASDAQ:TXN – Get Rating) will be releasing its earnings data after the market closes on Tuesday, April 26th. Analysts expect Texas Instruments to post earnings of $2.17 per share for the quarter. Texas Instruments has set its Q1 guidance at $2.01-2.29 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Texas Instruments (NASDAQ:TXN – Get Rating) last posted its quarterly earnings results on Tuesday, January 25th. The semiconductor company reported $2.27 EPS for the quarter, beating the Zacks’ consensus estimate of $1.95 by $0.32. The business had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.43 billion. Texas Instruments had a return on equity of 66.40% and a net margin of 42.35%. The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period last year, the firm earned $1.80 earnings per share. On average, analysts expect Texas Instruments to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.
NASDAQ:TXN opened at $176.56 on Tuesday. The company has a quick ratio of 4.58, a current ratio of 5.33 and a debt-to-equity ratio of 0.54. The business’s 50-day simple moving average is $174.06 and its two-hundred day simple moving average is $183.48. The stock has a market cap of $162.94 billion, a PE ratio of 21.38, a P/E/G ratio of 2.05 and a beta of 0.95. Texas Instruments has a 52 week low of $161.04 and a 52 week high of $202.26.
A number of research analysts have recently weighed in on TXN shares. Deutsche Bank Aktiengesellschaft raised their price objective on Texas Instruments from $170.00 to $180.00 in a research report on Wednesday, January 26th. Susquehanna Bancshares restated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Wednesday, January 26th. Zacks Investment Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating and set a $201.00 price objective for the company in a research report on Saturday, January 29th. Susquehanna restated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Wednesday, January 26th. Finally, Mizuho raised their price objective on Texas Instruments from $185.00 to $190.00 and gave the company a “neutral” rating in a research report on Wednesday, January 26th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $208.75.
In related news, CEO Richard K. Templeton sold 33,469 shares of the business’s stock in a transaction that occurred on Monday, January 31st. The shares were sold at an average price of $177.44, for a total value of $5,938,739.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Amichai Ron sold 2,037 shares of the business’s stock in a transaction that occurred on Tuesday, February 8th. The stock was sold at an average price of $171.96, for a total transaction of $350,282.52. The disclosure for this sale can be found here. Insiders have sold 39,601 shares of company stock valued at $6,987,383 in the last ninety days. Insiders own 0.54% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Colony Group LLC grew its holdings in shares of Texas Instruments by 1.4% during the fourth quarter. Colony Group LLC now owns 5,649 shares of the semiconductor company’s stock valued at $1,065,000 after buying an additional 79 shares during the last quarter. Flagship Harbor Advisors LLC grew its holdings in shares of Texas Instruments by 3.4% during the fourth quarter. Flagship Harbor Advisors LLC now owns 5,947 shares of the semiconductor company’s stock valued at $1,121,000 after buying an additional 197 shares during the last quarter. Monolith Advisors purchased a new stake in shares of Texas Instruments during the fourth quarter valued at $55,000. V Wealth Advisors LLC grew its holdings in shares of Texas Instruments by 41.8% during the fourth quarter. V Wealth Advisors LLC now owns 1,736 shares of the semiconductor company’s stock valued at $327,000 after buying an additional 512 shares during the last quarter. Finally, Zullo Investment Group Inc. purchased a new stake in shares of Texas Instruments during the fourth quarter valued at $144,000. 82.99% of the stock is currently owned by institutional investors and hedge funds.
About Texas Instruments (Get Rating)
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.
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