A new trading day began on May 19, 2023, with Texas Instruments Incorporated (NASDAQ: TXN) stock priced at $170.59, up 0.18% from the previous day of trading. During the day, the shares moved up to $170.99 and dropped to $168.94 before settling in for the closing price of $169.81. TXN’s price has ranged from $144.46 to $186.30 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 6.00% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 13.80%. With a float of $905.72 million, this company’s outstanding shares have now reached $907.00 million.
In an organization with 33000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +68.76, operating margin of +51.91, and the pretax margin is +50.09.
Texas Instruments Incorporated (TXN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Texas Instruments Incorporated is 0.21%, while institutional ownership is 86.70%. The most recent insider transaction that took place on Feb 13, was worth 212,003. In this transaction Sr. Vice President of this company sold 1,200 shares at a rate of $176.67, taking the stock ownership to the 30,357 shares. Before that another transaction happened on Feb 03, when Company’s Director sold 3,068 for $181.69, making the entire transaction worth $557,425. This insider now owns 11,773 shares in total.
Texas Instruments Incorporated (TXN) Performance Highlights and Predictions
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $1.85 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +43.48 while generating a return on equity of 62.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 20.80% growth over the previous five years of trading.
Texas Instruments Incorporated (NASDAQ: TXN) Trading Performance Indicators
Here are Texas Instruments Incorporated’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.90. Likewise, its price to free cash flow for the trailing twelve months is 3759.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.91, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 8.09 in one year’s time.
Technical Analysis of Texas Instruments Incorporated (TXN)
Let’s dig in a bit further. During the last 5-days, its volume was 4.54 million. That was inferior than the volume of 5.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.87%. Additionally, its Average True Range was 3.54.
During the past 100 days, Texas Instruments Incorporated’s (TXN) raw stochastic average was set at 38.58%, which indicates a significant decrease from 92.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.10% in the past 14 days, which was lower than the 24.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $173.31, while its 200-day Moving Average is $171.04. However, in the short run, Texas Instruments Incorporated’s stock first resistance to watch stands at $171.09. Second resistance stands at $172.06. The third major resistance level sits at $173.14. If the price goes on to break the first support level at $169.04, it is likely to go to the next support level at $167.96. Assuming the price breaks the second support level, the third support level stands at $166.99.
Texas Instruments Incorporated (NASDAQ: TXN) Key Stats
With a market capitalization of 154.13 billion, the company has a total of 907,654K Shares Outstanding. Currently, annual sales are 20,028 M while annual income is 8,749 M. The company’s previous quarter sales were 4,379 M while its latest quarter income was 1,708 M.
