Texas Instruments (TXN) Getting Somewhat Favorable Press Coverage, Analysis Finds
Headlines about Texas Instruments (NASDAQ:TXN) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Texas Instruments earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 46.6749140673702 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s analysis:
- Texas Instruments Incorporated (TXN) Insider Sells 15000 Shares of Stock – ExpressNewsline (expressnewsline.com)
- ETFs with exposure to Texas Instruments Incorporated : August 18, 2017 (finance.yahoo.com)
- Texas Instruments Incorporated (TXN) Stake Increased by Proficio Capital Partners LLC (topix.com)
- The State Street Corp Boosts Position in Texas Instruments Incorporated (TXN) (fishinghd.com)
- TNB Financial Acquires 14 Shares of Texas Instruments Incorporated (TXN) (techkenyot.com)
TXN has been the subject of several research analyst reports. Barclays PLC reduced their target price on shares of Texas Instruments from $78.00 to $83.00 in a report on Wednesday, July 26th. Drexel Hamilton reaffirmed a “buy” rating and set a $93.00 target price on shares of Texas Instruments in a report on Wednesday, April 26th. Jefferies Group LLC lifted their target price on shares of Texas Instruments from $88.00 to $94.00 and gave the stock a “buy” rating in a report on Friday, April 28th. Credit Suisse Group reaffirmed a “buy” rating and set a $95.00 target price on shares of Texas Instruments in a report on Thursday, April 27th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $93.00 target price (up previously from $90.00) on shares of Texas Instruments in a report on Saturday, April 29th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $85.96.
Shares of Texas Instruments (NASDAQ TXN) traded down 0.22% during midday trading on Friday, hitting $79.97. 3,626,698 shares of the company traded hands. The stock has a market capitalization of $79.17 billion, a PE ratio of 20.00 and a beta of 1.21. Texas Instruments has a 52 week low of $66.30 and a 52 week high of $84.65. The stock has a 50 day moving average of $80.72 and a 200-day moving average of $79.77.
Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.96 by $0.07. The firm had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.57 billion. Texas Instruments had a net margin of 28.68% and a return on equity of 36.52%. The business’s revenue was up 12.8% compared to the same quarter last year. During the same period last year, the firm posted $0.76 earnings per share. Equities analysts forecast that Texas Instruments will post $4.13 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Monday, July 31st were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.50%. The ex-dividend date was Thursday, July 27th. Texas Instruments’s dividend payout ratio (DPR) is presently 50.51%.
In other Texas Instruments news, insider Kevin J. Ritchie sold 105,396 shares of Texas Instruments stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $81.91, for a total transaction of $8,632,986.36. Following the transaction, the insider now directly owns 252,257 shares of the company’s stock, valued at $20,662,370.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Carrie Smith Cox sold 14,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $82.25, for a total transaction of $1,151,500.00. Following the transaction, the director now directly owns 38,435 shares in the company, valued at $3,161,278.75. The disclosure for this sale can be found here. Insiders have sold 211,301 shares of company stock worth $17,259,256 over the last three months. Insiders own 0.96% of the company’s stock.
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Texas Instruments Company Profile
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.
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