On Monday, Texas Instruments Inc. (NASDAQ: TXN) opened higher 0.27% from the last session, before settling in for the closing price of $203.30. Price fluctuations for TXN have ranged from $139.48 to $214.66 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 3.03%. Company’s average yearly earnings per share was noted -26.89% at the time writing. With a float of $911.63 million, this company’s outstanding shares have now reached $913.05 million.
Let’s determine the extent of company efficiency that accounts for 34000 employees.
Texas Instruments Inc. (TXN) Insider Activity
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Texas Instruments Inc. is 0.16%, while institutional ownership is 89.62%. The most recent insider transaction that took place on Aug 29 ’24, was worth 1,288,388. In this transaction Director of this company sold 6,065 shares at a rate of $212.43, taking the stock ownership to the 33,348 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Sr. Vice President sold 15,165 for $212.63, making the entire transaction worth $3,224,484. This insider now owns 45,143 shares in total.
Texas Instruments Inc. (TXN) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.85 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.82) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.80% during the next five years compared to 4.81% growth over the previous five years of trading.
Texas Instruments Inc. (NASDAQ: TXN) Trading Performance Indicators
Check out the current performance indicators for Texas Instruments Inc. (TXN). In the past quarter, the stock posted a quick ratio of 3.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.57. Likewise, its price to free cash flow for the trailing twelve months is 124.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.76, a number that is poised to hit 1.38 in the next quarter and is forecasted to reach 6.33 in one year’s time.
Technical Analysis of Texas Instruments Inc. (TXN)
Looking closely at Texas Instruments Inc. (NASDAQ: TXN), its last 5-days average volume was 6.03 million, which is a jump from its year-to-date volume of 5.55 million. As of the previous 9 days, the stock’s Stochastic %D was 64.49%. Additionally, its Average True Range was 5.65.
During the past 100 days, Texas Instruments Inc.’s (TXN) raw stochastic average was set at 73.64%, which indicates a significant increase from 57.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.59% in the past 14 days, which was lower than the 29.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $200.57, while its 200-day Moving Average is $182.23. However, in the short run, Texas Instruments Inc.’s stock first resistance to watch stands at $204.83. Second resistance stands at $205.82. The third major resistance level sits at $206.81. If the price goes on to break the first support level at $202.85, it is likely to go to the next support level at $201.86. Should the price break the second support level, the third support level stands at $200.87.
Texas Instruments Inc. (NASDAQ: TXN) Key Stats
There are currently 910,482K shares outstanding in the company with a market cap of 186.13 billion. Presently, the company’s annual sales total 17,519 M according to its annual income of 6,510 M. Last quarter, the company’s sales amounted to 3,822 M and its income totaled 1,127 M.
