In yesterday’s Wall Street session, Texas Instruments Inc (NASDAQ:TXN) shares traded at $181.59, up 0.57% from the previous session.
TXN stock price is now -5.03% away from the 50-day moving average and -7.53% away from the 200-day moving average. The market capitalization of the company currently stands at $165.65B.
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, BLINN MARK A, Director sold 590 shares of the company’s stock on Feb 04 ’25. The stock was sold for $106,617 at an average price of $180.71. Upon completion of the transaction, the Director now directly owns 11,717 shares in the company, valued at $2.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, Officer MARK A BLINN bought 590 shares of the business’s stock. A total of $106,574 was incurred on buying the stock at an average price of $180.63. A total of 0.17% 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 34.97 price-to-earnings ratio, a 2.21 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for TXN is $191.5392 and a two-hundred day moving average price translates $196.28806 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. For the current quarter, analysts expect TXN to generate $3.92B in revenue.
