In the last trading session, 6.71 million shares of the Texas Instruments Inc. (NASDAQ:TXN) were traded, and its beta was 1.02. Most recently the company’s share price was $165.47, and it changed around $2.04 or 1.25% from the last close, which brings the market valuation of the company to $150.59B. TXN currently trades at a discount to its 52-week high of $188.12, offering almost -13.69% off that amount. The share price’s 52-week low was $139.48, which indicates that the current value has risen by an impressive 15.71% since then. We note from Texas Instruments Inc.’s average daily trading volume that its 3-month average coming to 5.46 million.
Texas Instruments Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 2.71. If we narrow it down even further, the data shows that 1 out of 32 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 17 recommended TXN as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Texas Instruments Inc. is expected to report earnings per share of $1.07 for the current quarter.
Texas Instruments Inc. (NASDAQ:TXN) trade information
Instantly TXN has showed a green trend with a performance of 1.25% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -2.93% year-to-date, but still down -1.26% over the last five days. On the other hand, Texas Instruments Inc. (NASDAQ:TXN) is -4.06% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $189.62, which translates to bulls needing to increase their stock price by 12.74% from its current value. Analyst projections state that TXN is forecast to be at a low of $145 and a high of $250.
Texas Instruments Inc. (TXN) estimates and forecasts
Texas Instruments Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 11.95 percent over the past six months and at a -26.87% annual growth rate that is well below the industry average of -1.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -42.20% in revenue this quarter, and will report a decrease of -38.00% in the next quarter. The year-over-year growth rate is expected to be -11.00%, down from the previous year.
Consensus estimates provided by 25 financial analysts predict the company will bring in an average of $3.61 billion in revenue for the current quarter. 25 analysts expect Texas Instruments Inc. to make $3.77 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $4 billion and $4.53 billion respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -9.70%. Forecasts for the next quarter put sales growth at -16.90%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.81%. Texas Instruments Inc. earnings are expected to increase by -29.42% in 2024, but the outlook is positive 10.00% per year for the next five years.
TXN Dividends
Texas Instruments Inc.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 3.07 percent and its annual dividend per share was 5.08. It is important to note, however, that the 3.07% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
