What is the best trade option for Texas Instruments Inc. (TXN) stock?

At the time of writing, Texas Instruments Inc. [TXN] stock is trading at $166.35, up 0.01%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TXN shares have lost -1.84% over the last week, with a monthly amount drifted -2.80%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Texas Instruments Inc. [NASDAQ: TXN] stock has seen the most recent analyst activity on January 24, 2024, when TD Cowen reiterated its Market Perform rating and also boosted its price target to $160 from $145. Previously, Cantor Fitzgerald started tracking the stock with Neutral rating on January 23, 2024, and set its price target to $180. On January 19, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $195 on the stock. Oppenheimer downgraded its rating to a Perform. Bernstein downgraded its rating to a Underperform but $145 remained the price target by the analyst firm on August 30, 2023. In a note dated April 24, 2023, Oppenheimer reiterated an Outperform rating on this stock and boosted its target price from $185 to $195.

For the past year, the stock price of Texas Instruments Inc. fluctuated between $139.48 and $188.12. Currently, Wall Street analysts expect the stock to reach $189.62 within the next 12 months. Texas Instruments Inc. [NASDAQ: TXN] shares were valued at $166.35 at the most recent close of the market. An investor can expect a potential return of 13.99% based on the average TXN price forecast.

Analyzing the TXN fundamentals

According to Texas Instruments Inc. [NASDAQ:TXN], the company’s sales were 17.52B for trailing twelve months, which represents an -12.70% plunge. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.42%, and Net Profit Margin reading is 0.37%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.4 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 164.67 points at the first support level, and at 162.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 168.69, and for the 2nd resistance point, it is at 171.02.

Ratios To Look Out For

It is important to note that Texas Instruments Inc. [NASDAQ:TXN] has a current ratio of 4.55. In addition, the Quick Ratio stands at 3.35 and the Cash Ratio stands at 0.89. Considering the valuation of this stock, the price to sales ratio is 8.63, the price to book ratio is 8.95 and price to earnings (TTM) ratio is 23.52.

Transactions by insiders

Recent insider trading involved BLINN MARK A, Director, that happened on Jan 31 ’24 when 1744.0 shares were sold. Director, KIRK RONALD completed a deal on Nov 13 ’23 to sell 12299.0 shares. Meanwhile, Director COX CARRIE SMITH sold 16055.0 shares on Jul 31 ’23.

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