Stocks of Texas Instruments Inc (NASDAQ:TXN) traded higher last session on Wall Street, down -3.45% to $180.57.
TXN stock price is now -6.79% away from the 50-day moving average and -7.83% away from the 200-day moving average. The market capitalization of the company currently stands at $164.72B.
With the price target of $215, Wells Fargo recently initiated with Equal Weight rating for Texas Instruments Inc (NASDAQ: TXN). , while ‘Citigroup’ rates the stock as ‘Buy’
In other news, KIRK RONALD, Director sold 10,539 shares of the company’s stock on Nov 25 ’24. The stock was sold for $2,142,910 at an average price of $203.33. Upon completion of the transaction, the Director now directly owns 14,323 shares in the company, valued at $2.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Officer RONALD KIRK bought 10,539 shares of the business’s stock. A total of $2,142,909 was incurred on buying the stock at an average price of $203.33. A total of 0.15% of the company’s stock is owned by insiders.
During the past 12 months, Texas Instruments Inc has had a low of $155.46 and a high of $220.38. As of last week, the company has a debt-to-equity ratio of 0.80, a current ratio of 4.12, and a quick ratio of 2.88. According to the stock market information, the enterprise value for the company is $188821782528, which is based on a 34.78 price-to-earnings ratio, a 2.27 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for TXN is $193.728 and a two-hundred day moving average price translates $195.91565 for the stock.
The latest earnings results from Texas Instruments Inc (NASDAQ: TXN) was released for 2024-09-30. The net profit margin was 30.57% and return on equity was 28.29% for TXN. The company reported revenue of $4.15 billion for the quarter, compared to $4.53 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.41 percent.
