Texas Instruments (TXN) to Release Earnings on Thursday

Texas Instruments (NASDAQ:TXN) is anticipated to release its earnings data after the market closes on Thursday, January 23rd. Analysts expect Texas Instruments to post earnings of $1.20 per share and revenue of $3,872,054.12 billion for the quarter. Texas Instruments has set its Q4 guidance at $1.07-1.29 EPS and its Q4 2024 guidance at 1.070-1.290 EPS.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.38 by $0.09. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.80 earnings per share. On average, analysts expect Texas Instruments to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Texas Instruments Stock Performance

TXN stock opened at $197.51 on Thursday. The firm has a 50 day moving average of $196.30 and a two-hundred day moving average of $199.76. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. Texas Instruments has a 12 month low of $155.46 and a 12 month high of $220.38. The company has a market capitalization of $180.17 billion, a price-to-earnings ratio of 36.71, a P/E/G ratio of 4.19 and a beta of 0.98.

Insiders Place Their Bets

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now owns 20,461 shares of the company’s stock, valued at $4,272,256.80. This represents a 32.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Mizuho set a $200.00 target price on shares of Texas Instruments in a research note on Friday, October 18th. Robert W. Baird cut their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Finally, Morgan Stanley upped their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $209.71.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.