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Wednesday, March 22, 2023

Taking On Challenges And Growing? – Texas Instruments Incorporated (TXN)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Texas Instruments Incorporated (TXN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.37, or 0.21%, to $174.26. The Texas Instruments Incorporated has recorded 331,798 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Texas Instruments prices $1.4 billion of investment grade notes.


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Stocks Info

This NASDAQ-listed company operates within the Semiconductors industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $173.89 and fluctuated between $175.82 as its day high and $169.91 as its day low. The current market capitalization of Texas Instruments Incorporated is $159.23B. A total of 5.45 million shares were traded on the day, compared to an average of 5.23M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, TXN has seen 25 BUY and 15 SELL insider trades, representing the acquisition of 199,198 and the disposition of 56,252 shares. Over the last 12 months, there were 31 BUYs and 30 SELLs from insiders. Insiders purchased 282,860 shares during that period but sold 173,311.

In the most recent transaction, BAHAI AHMAD sold 1,200 shares of TXN for 176.67 per share on Feb 13. After the transaction, the Sr. Vice President now owns 30,357 company shares. In a previous transaction on Feb 03, BLINN MARK A sold 3,068 shares at 181.69 per share. TXN shares that Director owns now total 11,773.

Among the insiders who sold shares, CLARK JANET F disposed of 9,990 shares on Nov 16 at a per-share price of $175.16. This resulted in the Director holding 8,942 shares of TXN after the transaction. In another insider transaction, BAHAI AHMAD sold 1,109 shares at $180.01 per share on Nov 11. Company shares held by the Sr. Vice President now total 27,306.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Texas Instruments Incorporated pays an annual dividend of $4.96, resulting in a dividend yield of 2.85%, and it has a price to earnings (P/E) ratio of 18.49. TXN’s most recent ex-dividend date was 1/30/2023 when it declared a $1.24 quarterly dividend that was paid in cash on 2/14/2023. Previously, the company paid the dividend on 11/15/2022 with an ex-dividend date of 10/28/2022. The TXN stock dividend was $1.24 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for TXN in the last 3 months, the mean price target is $185.15 with high estimates of $230.00 and low estimates of $135.00. In terms of 52-week highs and lows, TXN has a high of $191.34 and a low of $144.46.

As of this writing, TXN has an earnings estimate of $1.78 per share for the current quarter. EPS was calculated based on a consensus of 25 estimates, with a high estimate of $1.88 per share and a lower estimate of $1.67. The company reported an EPS of $2.47 in the last quarter, which was 3.30% higher than expectations of $2.39.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 33 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TXN is Sell with a score of 3.57. A total of 9 analysts rated the stock as Buy while 1 rated it as Overweight while 20 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 3 thought it should be Sold.

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