Do futuristic bulls still own Texas Instruments Inc. [TXN] stock?

Texas Instruments Inc. (NASDAQ:TXN) shares traded -0.62% lower at $146.59 on Wall Street last session.

In accordance with the data, 34 analysts cover Texas Instruments Inc. (NASDAQ:TXN). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $210.00 and a low of $120.00, we find $160.00. Given the previous closing price of $147.50, this indicates a potential upside of 8.47 percent. TXN stock price is now -6.73% away from the 50-day moving average and -13.73% away from the 200-day moving average. The market capitalization of the company currently stands at $133.13B.

It has been rated a hold by 19 analysts and a buy by 11. Brokers who have rated the stock have averaged $163.73 as their price target over the next twelve months.

In other news, COX CARRIE SMITH, Director sold 16,055 shares of the company’s stock on Jul 31. The stock was sold for $2,890,542 at an average price of $180.04. Upon completion of the transaction, the Director now directly owns 35,801 shares in the company, valued at $5.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 27, Director PATSLEY PAMELA H sold 10,539 shares of the business’s stock. A total of $1,890,083 was realized by selling the stock at an average price of $179.34. This leaves the insider owning 32,662 shares of the company worth $4.79 million. Insiders disposed of 118,879 shares of company stock worth roughly $17.43 million over the past 1 year. A total of 0.14% of the company’s stock is owned by insiders.

Texas Instruments Inc. (NASDAQ: TXN) opened at $146.80 on Tuesday. During the past 12 months, Texas Instruments Inc. has had a low of $139.48 and a high of $188.12. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 5.69, and a quick ratio of 4.22. According to the stock market information, the enterprise value for the company is $136.23B, which is based on a 19.01 price-to-earnings ratio, a 1.90 price-to-earnings-growth ratio, and a beta of 1.00. The fifty day moving average price for TXN is $157.17 and a two-hundred day moving average price translates $169.92 for the stock.

The latest earnings results from Texas Instruments Inc. (NASDAQ: TXN) was released for Sep, 2023. According to the Semiconductors Company, earnings per share came in at $1.87, beating analysts’ expectations of $1.76 by 0.11. This compares to $2.49 EPS in the same period last year. The net profit margin was 39.00% and return on equity was 45.37% for TXN. The company reported revenue of $4.53 billion for the quarter, compared to $5.24 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.53 percent. For the current quarter, analysts expect TXN to generate $4.58B in revenue.

Texas Instruments Inc.(TXN) Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products. This segment also provides signal chain products that sense, condition, and measure signals to allow information to be transferred or converted for further processing and control, including amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products. The Embedded Processing segment offers microcontrollers that are used in electronic equipment; digital signal processors for mathematical computations; and applications processors for specific computing activity. This segment offers products for use in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, and calculators and other. The company also provides DLP products primarily for use in project high-definition images; calculators; and application-specific integrated circuits. It markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

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