Wall Street predicts Texas Instruments Inc (TXN) stock to surge by 5.75%

Texas Instruments Inc [TXN] stock prices are up 2.07% to $197.51 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TXN shares have gain 2.76% over the last week, with a monthly amount glided 3.03%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Texas Instruments Inc [NASDAQ: TXN] stock has seen the most recent analyst activity on November 22, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $215. Previously, Summit Insights upgraded its rating to Buy on October 23, 2024. On August 21, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $235 on the stock. Wells Fargo started tracking the stock assigning a Underweight rating and suggested a price target of $150 on May 16, 2024. Jefferies downgraded its rating to a Hold and reduced its price target to $175 on May 13, 2024. TD Cowen reiterated a Hold rating for this stock on April 24, 2024, and upped its price target to $175. In a note dated April 16, 2024, Evercore ISI initiated an Outperform rating and provided a target price of $213 on this stock.

The stock price of Texas Instruments Inc [TXN] has been fluctuating between $155.46 and $220.38 over the past year. Currently, Wall Street analysts expect the stock to reach $208.87 within the next 12 months. Texas Instruments Inc [NASDAQ: TXN] shares were valued at $197.51 at the most recent close of the market. An investor can expect a potential return of 5.75% based on the average TXN price forecast.

Analyzing the TXN fundamentals

The Texas Instruments Inc [NASDAQ:TXN] reported sales of 15.71B for trailing twelve months, representing a drop of -8.41%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.29 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.84.

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 195.80 points at the first support level, and at 194.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 199.08, and for the 2nd resistance point, it is at 200.66.

Ratios To Look Out For

It’s worth pointing out that Texas Instruments Inc [NASDAQ:TXN]’s Current Ratio is 4.31. As well, the Quick Ratio is 3.14, while the Cash Ratio is 0.7. Considering the valuation of this stock, the price to sales ratio is 11.47, the price to book ratio is 10.43 and price to earnings (TTM) ratio is 36.69.

Transactions by insiders

Recent insider trading involved KIRK RONALD, Director, that happened on Nov 25 ’24 when 10539.0 shares were sold. Officer, RONALD KIRK completed a deal on Nov 25 ’24 to buy 10539.0 shares. Meanwhile, Sr. Vice President & CFO Lizardi Rafael R sold 46917.0 shares on Nov 07 ’24.

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