Texas Instruments (TXN) Expected to Announce Quarterly Earnings on Thursday

Texas Instruments (NASDAQ:TXN - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, January 23rd. Analysts expect the company to announce earnings of $1.20 per share and revenue of $3,872,054.12 billion for the quarter. Texas Instruments has set its Q4 guidance at $1.07-1.29 EPS and its Q4 2024 guidance at 1.070-1.290 EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter last year, the firm earned $1.80 earnings per share. The business's revenue for the quarter was down 8.4% on a year-over-year basis. On average, analysts expect Texas Instruments to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Texas Instruments Stock Down 5.1 %

Shares of TXN traded down $10.14 during mid-day trading on Thursday, reaching $187.37. The company had a trading volume of 7,458,264 shares, compared to its average volume of 5,305,045. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The company has a market capitalization of $170.92 billion, a price-to-earnings ratio of 34.83, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98. The firm has a 50-day moving average price of $195.95 and a 200 day moving average price of $199.74. Texas Instruments has a 52 week low of $155.46 and a 52 week high of $220.38.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.90%. Texas Instruments's dividend payout ratio (DPR) is 101.12%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TXN. Rosenblatt Securities restated a "buy" rating and set a $250.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Wells Fargo & Company reduced their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research note on Monday. Morgan Stanley lifted their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an "underweight" rating in a report on Wednesday, October 23rd. Susquehanna cut their price target on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a report on Monday, October 21st. Finally, Benchmark restated a "buy" rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and an average price target of $209.71.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the firm's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now owns 20,461 shares in the company, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by corporate insiders.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. 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.