Texas Instruments (TXN) Stock Price, News & Analysis

Company Overview

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. This segment 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. It provides DLP products primarily for use in project high-definition images; calculators; and application-specific integrated circuits. The company 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.

Key Stats

• Today's Range: $205.06 to $210.57
• 50-Day Range: $181.19 to $214.34
• 52-Week Range: $139.48 to $214.66
• Volume: 4.51 million shs
• Average Volume: 5.34 million shs
• Market Capitalization: $191.06 billion
• P/E Ratio: 32.65
• Dividend Yield: 2.48%
• Price Target: $204.67
• Consensus Rating: Hold

Texas Instruments Stock Analysis - MarketRank™

Texas Instruments scored higher than 97% of companies evaluated by MarketBeat, and ranked 46th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Texas Instruments has received a consensus rating of Hold. The company's average rating score is 2.24, and is based on 8 buy ratings, 10 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Texas Instruments has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 20.16%

Earnings Growth

Earnings for Texas Instruments are expected to grow by 20.16% in the coming year, from $5.11 to $6.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Texas Instruments is 32.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.96.

Price to Earnings Ratio vs. Sector

The P/E ratio of Texas Instruments is 32.65, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 266.32.

Price to Earnings Growth Ratio

Texas Instruments has a PEG Ratio of 4.46. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Texas Instruments has a P/B Ratio of 11.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.10% of the float of Texas Instruments has been sold short.

Short Interest Ratio / Days to Cover

Texas Instruments has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Texas Instruments has recently decreased by 10.49%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Texas Instruments pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Texas Instruments has been increasing its dividend for 20 years.

Dividend Coverage

The dividend payout ratio of Texas Instruments is 81.12%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Texas Instruments will have a dividend payout ratio of 84.69% in the coming year. This indicates that Texas Instruments may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -1.14

Percentage of Shares Shorted

2.10% of the float of Texas Instruments has been sold short.

Short Interest Ratio / Days to Cover

Texas Instruments has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Texas Instruments has recently decreased by 10.49%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.17

News Sentiment

Texas Instruments has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Texas Instruments this week, compared to 16 articles on an average week.

Search Interest

Only 12 people have searched for TXN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Texas Instruments to their MarketBeat watchlist in the last 30 days. This is a decrease of -79% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Texas Instruments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,255,323.00 in company stock.

Percentage Held by Insiders

Only 0.68% of the stock of Texas Instruments is held by insiders.

Percentage Held by Institutions

84.99% of the stock of Texas Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TXN Stock Analysis - Frequently Asked Questions

How have TXN shares performed this year?

Texas Instruments' stock was trading at $170.46 at the beginning of 2024. Since then, TXN shares have increased by 22.8% and is now trading at $209.26.
View the best growth stocks for 2024 here.

How were Texas Instruments' earnings last quarter?

Texas Instruments Incorporated (NASDAQ:TXN) issued its quarterly earnings results on Tuesday, July, 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.06. The company's quarterly revenue was down 15.6% on a year-over-year basis.
Read the conference call transcript.

Does Texas Instruments have any subsidiaries?

Texas Instruments subsidiaries include ActSolar Inc., Algorex Inc., ASIC II Limited, Benchmarq Microelectronics Corporation of South Korea, Burr-Brown International Holding Corporation, Energy Recommerce Inc., innoCOMM wireless, and others.

Who are Texas Instruments' major shareholders?

Top institutional investors of Texas Instruments include Primecap Management Co. CA (1.68%), Bank of New York Mellon Corp (1.54%), Massachusetts Financial Services Co. MA (0.88%) and Legal & General Group Plc (0.86%). Insiders that own company stock include Richard K Templeton, Haviv Ilan, Kyle M Flessner, Hagop H Kozanian, Carrie Smith Cox, Pamela H Patsley, Ahmad Bahai, Mohammad Yunus, Mark T Roberts, Shanon J Leonard, Robert E Sanchez, Ronald Kirk, Julie C Knecht, Mark A Blinn, Janet F Clark, Mark Gary and Amichai Ron.
View institutional ownership trends.

How do I buy shares of Texas Instruments?

Shares of TXN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Texas Instruments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Texas Instruments investors own include Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), Johnson & Johnson (JNJ), QUALCOMM (QCOM), Home Depot (HD) and AT&T (T).

Company Calendar

• Last Earnings: 7/23/2024
• Ex-Dividend for 8/13 Dividend: 7/31/2024
• Dividend Payable: 8/13/2024
• Today: 9/26/2024
• Next Earnings (Estimated): 10/22/2024
• Ex-Dividend for 11/12 Dividend: 10/31/2024
• Dividend Payable: 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:TXN
• CUSIP: 88250810
• CIK: 97476
• Web: www.ti.com
• Phone: (214) 479-3773
• Fax: 972-995-4360
• Employees: 34,000
• Year Founded: 1930

Price Target and Rating

• Average Stock Price Target: $204.67
• High Stock Price Target: $268.00
• Low Stock Price Target: $150.00
• Potential Upside/Downside: -2.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.24
• Research Coverage: 21 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.41
• Trailing P/E Ratio: 32.65
• Forward P/E Ratio: 40.95
• P/E Growth: 4.46
• Net Income: $6.51 billion
• Net Margins: 33.01%
• Pretax Margin: 37.35%
• Return on Equity: 31.10%
• Return on Assets: 15.73%

Debt

• Debt-to-Equity Ratio: 0.75
• Current Ratio: 4.62
• Quick Ratio: 3.49

Sales & Book Value

• Annual Sales: $17.52 billion
• Price / Sales: 10.91
• Cash Flow: $8.65 per share
• Price / Cash Flow: 24.19
• Book Value: $18.58 per share
• Price / Book: 11.26

Miscellaneous

• Outstanding Shares: 913,050,000
• Free Float: 904,291,000
• Market Cap: $191.06 billion
• Optionable: Optionable
• Beta: 0.99