Texas Instruments Inc. (TXN) is 1.24% away from 50-day simple Moving Average despite all headwinds

A new trading day began on November 20, 2023, with Texas Instruments Inc. (NASDAQ: TXN) stock priced at $154.02, up 0.60% from the previous day of trading. During the day, the shares moved up to $156.28 and dropped to $153.95 before settling in for the closing price of $154.62. TXN’s price has ranged from $139.48 to $188.12 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 6.64%. Meanwhile, its annual earnings per share averaged -25.05%. With a float of $906.93 million, this company’s outstanding shares have now reached $908.20 million.

The extent of productivity of a business whose workforce counts for 33000 workers is very important to gauge. In terms of profitability, gross margin is +68.76, operating margin of +51.91, and the pretax margin is +50.09.

Texas Instruments Inc. (TXN) Insider and Institutional Ownership

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 Inc. is 0.14%, while institutional ownership is 86.77%. The most recent insider transaction that took place on Nov 13, was worth 1,789,602. In this transaction Director of this company sold 12,299 shares at a rate of $145.51, taking the stock ownership to the 13,637 shares. Before that another transaction happened on Jul 31, when Company’s Director sold 16,055 for $180.04, making the entire transaction worth $2,890,542. This insider now owns 35,801 shares in total.

Texas Instruments Inc. (TXN) Latest Financial update

In its latest quarterly report, released on 9/29/2023, 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 1.42 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -25.05% 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 21.11% growth over the previous five years of trading.

Texas Instruments Inc. (NASDAQ: TXN) Trading Performance Indicators

Here are Texas Instruments Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.80. Likewise, its price to free cash flow for the trailing twelve months is 85.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.71, a number that is poised to hit 1.48 in the next quarter and is forecasted to reach 6.46 in one year’s time.

Technical Analysis of Texas Instruments Inc. (TXN)

The latest stats from [Texas Instruments Inc., TXN] show that its last 5-days average volume of 6.39 million was superior to 5.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 90.25%. Additionally, its Average True Range was 3.28.

During the past 100 days, Texas Instruments Inc.’s (TXN) raw stochastic average was set at 33.02%, which indicates a significant decrease from 95.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.39% in the past 14 days, which was higher than the 23.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $153.42, while its 200-day Moving Average is $168.48. Now, the first resistance to watch is $156.56. This is followed by the second major resistance level at $157.59. The third major resistance level sits at $158.89. If the price goes on to break the first support level at $154.23, it is likely to go to the next support level at $152.93. The third support level lies at $151.90 if the price breaches the second support level.

Texas Instruments Inc. (NASDAQ: TXN) Key Stats

With a market capitalization of 141.26 billion, the company has a total of 908,204K Shares Outstanding. Currently, annual sales are 20,028 M while annual income is 8,749 M. The company’s previous quarter sales were 4,532 M while its latest quarter income was 1,709 M.


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