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A Detailed Analysis Of Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (NASDAQ:TXN) has a beta value of 1.02 and has seen 5.19 million shares traded in the last trading session. The company, currently valued at $149.35B, closed the last trade at $166.06 per share which meant it lost -$0.19 on the day or -0.11% during that session. The TXN stock price is -21.8% off its 52-week high price of $202.26 and 13.01% above the 52-week low of $144.46. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.36 million shares traded. The 3-month trading volume is 5.39 million shares.

Texas Instruments Incorporated (NASDAQ:TXN) trade information

Sporting -0.11% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 09/20/22 when the TXN stock price touched $166.06 or saw a rise of 0.5%. Year-to-date, Texas Instruments Incorporated shares have moved -11.89%, while the 5-day performance has seen it change 2.10%. Over the past 30 days, the shares of Texas Instruments Incorporated (NASDAQ:TXN) have changed -5.89%. Short interest in the company has seen 16.65 million shares shorted with days to cover at 2.87.

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Texas Instruments Incorporated (TXN) estimates and forecasts

Figures show that Texas Instruments Incorporated shares have outperformed across the wider relevant industry. The company’s shares have lost -7.98% over the past 6 months, with this year growth rate of 13.20%, compared to -19.00% for the industry. Other than that, the company has, however, increased its growth outlook for the 2022 fiscal year revenue. Growth estimates for the current quarter are 9.20% and -4.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 9.80%.

26 analysts offering their estimates for the company have set an average revenue estimate of $5.15 billion for the current quarter. 26 have an estimated revenue figure of $4.97 billion for the next quarter concluding in Dec 2022.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.90% over the past 5 years. Earnings growth for 2022 is a modest 38.50% while over the next 5 years, the company’s earnings are expected to increase by 10.00%.

TXN Dividends

Texas Instruments Incorporated is expected to release its next earnings report between April 25 and April 29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 4.60 at a share yield of 2.77%. The company’s dividend yield has gone up over the past 12 months.

Texas Instruments Incorporated (NASDAQ:TXN)’s Major holders

Insiders own 0.21% of the company shares, while shares held by institutions stand at 87.61% with a share float percentage of 87.79%. Investors are also buoyed by the number of investors in a company, with Texas Instruments Incorporated having a total of 2,666 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 85.64 million shares worth more than $15.71 billion. As of Mar 30, 2022, Vanguard Group, Inc. (The) held 9.37% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 75.27 million shares as of Mar 30, 2022. The firm’s total holdings are worth over $13.81 billion and represent 8.24% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Mar 30, 2022, the former fund manager holds about 2.92% shares in the company for having 26.67 million shares of worth $4.89 billion while later fund manager owns 20.21 million shares of worth $3.71 billion as of Mar 30, 2022, which makes it owner of about 2.21% of company’s outstanding stock.

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