It’s still a bull thesis, just subverted: Texas Instruments Inc. (TXN)

Texas Instruments Inc. [TXN] stock is trading at $210.69, up 1.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TXN shares have gain 4.02% over the last week, with a monthly amount glided 4.36%, and 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 August 21, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $235 from $200. Previously, Wells Fargo started tracking the stock with Underweight rating on May 16, 2024, and set its price target to $150. On May 13, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $175 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $175 on April 24, 2024. Evercore ISI initiated its recommendation with a Outperform and recommended $213 as its price target on April 16, 2024. TD Cowen reiterated a Market Perform rating for this stock on January 24, 2024, and upped its price target to $160. In a note dated January 23, 2024, Cantor Fitzgerald initiated an Neutral rating and provided a target price of $180 on this stock.

Texas Instruments Inc. [TXN] stock has fluctuated between $139.48 and $210.88 over the past year. Currently, Wall Street analysts expect the stock to reach $199.35 within the next 12 months. Texas Instruments Inc. [NASDAQ: TXN] shares were valued at $210.69 at the most recent close of the market. An investor can expect a potential drop of -5.38% based on the average TXN price forecast.

Analyzing the TXN fundamentals

Texas Instruments Inc. [NASDAQ:TXN] reported sales of 16.09B for the trailing twelve months, which represents a drop of -15.65%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.31 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.

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 208.46 points at the first support level, and at 206.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 212.01, and for the 2nd resistance point, it is at 213.34.

Ratios To Look Out For

For context, Texas Instruments Inc.’s Current Ratio is 4.62. Also, the Quick Ratio is 3.49, while the Cash Ratio stands at 0.75. Considering the valuation of this stock, the price to sales ratio is 11.95, the price to book ratio is 11.17 and price to earnings (TTM) ratio is 36.55.

Transactions by insiders

Recent insider trading involved Knecht Julie C., VP & Chief Accounting Officer, that happened on Aug 23 ’24 when 7764.0 shares were sold. Sr. Vice President, Leonard Shanon J completed a deal on Aug 23 ’24 to sell 2816.0 shares. Meanwhile, Sr. Vice President Gary Mark sold 4532.0 shares on Aug 23 ’24.

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