During the recent session, Texas Instruments Inc (NASDAQ:TXN)’s traded shares were 4.02 million, with the beta value of the company hitting 0.97. At the last check today, the stock’s price was $190.44, reflecting an intraday loss of -5.07% or -$10.17. The 52-week high for the TXN share is $220.38, that puts it down -15.72 from that peak though still a striking 18.37% gain since the share price plummeted to a 52-week low of $155.46. The company’s market capitalization is $173.72B, and the average intraday trading volume over the past 10 days was 7.01 million shares, and the average trade volume was 5.86 million shares over the past three months.
Texas Instruments Inc (TXN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.61. TXN has a Sell rating from 1 analyst(s) out of 18 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.08.
Texas Instruments Inc (NASDAQ:TXN) trade information
Texas Instruments Inc (TXN) registered a -5.07% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.07% in intraday trading to $190.44, hitting a weekly high. The stock’s 5-day price performance is 1.64%, and it has moved by 1.91% in 30 days. Based on these gigs, the overall price performance for the year is 9.23%. The short interest in Texas Instruments Inc (NASDAQ:TXN) is 20.28 million shares and it means that shorts have 3.88 day(s) to cover.
The consensus price target of analysts on Wall Street is $200, which implies an increase of 4.78% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $140 and $298 respectively. As a result, TXN is trading at a discount of -56.48% off the target high and 26.49% off the low.
Texas Instruments Inc (TXN) estimates and forecasts
Statistics show that Texas Instruments Inc has outperformed its competitors in share price, compared to the industry in which it operates. Texas Instruments Inc (TXN) shares have gone down -3.95% during the last six months, with a year-to-date growth rate more than the industry average at 9.62% against -19.30. In the rating firms’ projections, revenue will increase 9.43% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.93B as predicted by 25 analyst(s). Meanwhile, a consensus of 25 analyst(s) estimates revenue growth to 4.17B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.66B and 3.82B respectively. In this case, analysts expect current quarter sales to grow by 7.39% and then jump by 8.98% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.81%. While earnings are projected to return 5.58% in 2025, the next five years will return 1.34% per annum.
TXN Dividends
Texas Instruments Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Texas Instruments Inc is 5.26, with the dividend yield indicating at 2.76 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.64%.
Texas Instruments Inc (NASDAQ:TXN)’s Major holders
Texas Instruments Inc insiders own 0.20% of total outstanding shares while institutional holders control 91.53%, with the float percentage being 91.71%. VANGUARD GROUP INC is the largest shareholder of the company, while 3003.0 institutions own stock in it. As of 2024-06-30, the company held over 91.91 million shares (or 10.0996% of all shares), a total value of $17.88 billion in shares.
The next largest institutional holding, with 78.75 million shares, is of BLACKROCK INC.’s that is approximately 8.6535% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $15.32 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Texas Instruments Inc (TXN) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 28.93 shares. This amounts to just over 3.17 percent of the company’s overall shares, with a $5.5 billion market value. The same data shows that the other fund manager holds slightly less at 23.91, or about 2.62% of the stock, which is worth about $4.55 billion.
