Q2 2022 EPS Estimates for Texas Instruments Incorporated Decreased by Analyst (NASDAQ:TXN)

Texas Instruments Incorporated (NASDAQ:TXNGet Rating) – Research analysts at Jefferies Financial Group dropped their Q2 2022 earnings per share (EPS) estimates for shares of Texas Instruments in a report issued on Wednesday, April 27th. Jefferies Financial Group analyst M. Lipacis now expects that the semiconductor company will earn $2.05 per share for the quarter, down from their previous forecast of $2.33. Jefferies Financial Group currently has a “Buy” rating and a $203.00 target price on the stock. Jefferies Financial Group also issued estimates for Texas Instruments’ Q4 2022 earnings at $1.94 EPS, Q1 2023 earnings at $1.81 EPS and Q2 2023 earnings at $2.06 EPS.

TXN has been the topic of a number of other research reports. UBS Group reduced their target price on Texas Instruments from $180.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday. Citigroup reduced their target price on Texas Instruments from $187.00 to $160.00 in a report on Wednesday. Evercore ISI cut their price objective on Texas Instruments from $210.00 to $190.00 and set an “in-line” rating on the stock in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft raised their price objective on Texas Instruments from $170.00 to $180.00 in a research report on Wednesday, January 26th. Finally, Credit Suisse Group cut their price objective on Texas Instruments from $200.00 to $195.00 in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $193.53.

TXN stock opened at $175.85 on Friday. Texas Instruments has a 52-week low of $160.50 and a 52-week high of $202.26. The stock’s fifty day simple moving average is $175.20 and its 200-day simple moving average is $182.56. 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 stock has a market capitalization of $162.29 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 2.09 and a beta of 0.95.

Texas Instruments (NASDAQ:TXNGet Rating) last posted its quarterly earnings data on Tuesday, April 26th. The semiconductor company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.17. Texas Instruments had a return on equity of 66.40% and a net margin of 42.35%. The business had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.73 billion. During the same quarter last year, the firm earned $1.87 earnings per share. The business’s revenue was up 14.4% on a year-over-year basis.

Hedge funds and other institutional investors have recently modified their holdings of the company. Mizuho Securities Co. Ltd. boosted its position in shares of Texas Instruments by 280.6% during the first quarter. Mizuho Securities Co. Ltd. now owns 137 shares of the semiconductor company’s stock worth $25,000 after buying an additional 101 shares during the period. CarsonAllaria Wealth Management Ltd. bought a new stake in Texas Instruments during the fourth quarter worth approximately $26,000. Moors & Cabot Inc. raised its holdings in Texas Instruments by 262.9% during the third quarter. Moors & Cabot Inc. now owns 25,000 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 18,111 shares in the last quarter. Stuart Chaussee & Associates Inc. raised its holdings in Texas Instruments by 81.7% during the fourth quarter. Stuart Chaussee & Associates Inc. now owns 149 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Finally, Life Planning Partners Inc bought a new stake in Texas Instruments during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

In other Texas Instruments news, VP Amichai Ron sold 2,037 shares of Texas Instruments stock in a transaction that occurred on Tuesday, February 8th. The stock was sold at an average price of $171.96, for a total value of $350,282.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard K. Templeton sold 33,469 shares of Texas Instruments 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 disclosure for this sale can be found here. Over the last three months, insiders sold 39,601 shares of company stock valued at $6,987,383. 0.54% of the stock is owned by corporate insiders.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 17th. Investors of record on Monday, May 9th will be issued a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 2.62%. Texas Instruments’s dividend payout ratio is currently 55.69%.

Texas Instruments Company Profile (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.

Further Reading

Earnings History and Estimates for Texas Instruments (NASDAQ:TXN)

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