In recent trading session, Texas Instruments Incorporated (NASDAQ:TXN) saw 1.32 million shares changing hands at last check today with its beta currently measuring 0.92. Company’s recent per share price level of $187.39 trading at $1.36 or 0.73% at last check today assigns it a market valuation of $178.81B. That most recent trading price of TXN’s stock is at a discount of -7.94% from its 52-week high price of $202.26 and is indicating a premium of 13.73% from its 52-week low price of $161.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.65 million shares which gives us an average trading volume of 4.56 million if we extend that period to 3-months.
For Texas Instruments Incorporated (TXN), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 31 analysts covering the stock, 4 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 14 suggested the stock as a Hold whereas 10 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.94 in the current quarter.
Texas Instruments Incorporated (NASDAQ:TXN) trade information
Upright in the green today for gaining 0.73%, in the last five days TXN remained trading in the red while hitting it’s week-highest on Thursday, 01/13/22 when the stock touched $187.39 price level, adding 1.18% to its value on the day. Texas Instruments Incorporated’s shares saw a change of -1.29% in year-to-date performance and have moved -0.42% in past 5-day. Texas Instruments Incorporated (NASDAQ:TXN) showed a performance of -3.73% in past 30-days. Number of shares sold short was 19.29 million shares which calculate 3.89 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $202.37 to the stock, which implies a rise of 7.4% to its recent value today. Analysts have been projecting $142.00 as a low price target for the stock while placing it at a high target of $240.00. It follows that stock’s current price would drop -28.08% in reaching the projected high whereas dropping to the targeted low would mean a gain of 24.22% for stock’s current value.
Texas Instruments Incorporated (TXN) estimates and forecasts
Statistics highlight that Texas Instruments Incorporated is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -1.18% of value to its shares in past 6 months, showing an annual growth rate of 33.00% while that of industry is 21.20. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 18.30% in the current quarter and calculating 1.60% increase in the next quarter. This year revenue growth is estimated to rise 24.00% from the last financial year’s standing.
23 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $4.43 billion for the same. And 23 analysts are in estimates of company making revenue of $4.36 billion in the next quarter that will end on Mar 2022. Company posted $4.08 billion and $4.29 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 8.70% while estimating it to be 1.70% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 16.20% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 14.00% while estimates for its earnings growth in next 5 years are of 10.00%.
Texas Instruments Incorporated is more likely to be releasing its next quarterly report between January 24 and January 28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.47%, the share has a forward dividend of 4.60 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.41%.
Texas Instruments Incorporated (NASDAQ:TXN)’s Major holders
Insiders are in possession of 0.20% of company’s total shares while institution are holding 85.53 percent of that, with stock having share float percentage of 85.70%. Investors also watch the number of corporate investors in a company very closely, which is 85.53% institutions for Texas Instruments Incorporated that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at TXN for having 84.75 million shares of worth $16.29 billion. And as of Sep 29, 2021, it was holding 9.18% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 72.9 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 7.89% of outstanding shares, having a total worth of $14.01 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 26.09 million shares of worth $5.01 billion or 2.82% of the total outstanding shares. The later fund manager was in possession of 19.39 million shares on Sep 29, 2021, making its stake of worth around $3.73 billion in the company or a holder of 2.10% of company’s stock.