In yesterday’s Wall Street session, Texas Instruments Inc (NASDAQ:TXN) shares traded at $197.23, down -2.25% from the previous session.
TXN stock price is now -3.42% away from the 50-day moving average and 2.65% away from the 200-day moving average. The market capitalization of the company currently stands at $179.92B.
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With the price target of $215, Wells Fargo recently initiated with Equal Weight rating for Texas Instruments Inc (NASDAQ: TXN). , while ‘Citigroup’ rates the stock as ‘Buy’
In other news, KIRK RONALD, Director sold 10,539 shares of the company’s stock on Nov 25 ’24. The stock was sold for $2,142,910 at an average price of $203.33. Upon completion of the transaction, the Director now directly owns 14,323 shares in the company, valued at $2.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Officer RONALD KIRK bought 10,539 shares of the business’s stock. A total of $2,142,909 was incurred on buying the stock at an average price of $203.33.
During the past 12 months, Texas Instruments Inc has had a low of $154.02 and a high of $220.38. As of last week, the company has a debt-to-equity ratio of 0.84, a current ratio of 4.31, and a quick ratio of 3.14. According to the stock market information, the enterprise value for the company is $185738477568, which is based on a 36.64 price-to-earnings ratio, a 27.30 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for TXN is $204.3472 and a two-hundred day moving average price translates $191.9576 for the stock.
The latest earnings results from Texas Instruments Inc (NASDAQ: TXN) was released for 2024-09-30. The net profit margin was 31.44% and return on equity was 29.15% for TXN. The company reported revenue of $4.15 billion for the quarter, compared to $4.53 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.41 percent.
