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The price of Texas Instruments Inc. (NASDAQ: TXN) closed at $203.62 in the last session, up 1.73% from day before closing price of $200.16. In other words, the price has increased by $1.73 from its previous closing price. On the day, 4.52 million shares were traded. TXN stock price reached its highest trading level at $203.775 during the session, while it also had its lowest trading level at $201.0.
Ratios:
We take a closer look at TXN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 197.23. For the most recent quarter (mrq), Quick Ratio is recorded 3.76 and its Current Ratio is at 4.91. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on May 16, 2024, initiated with a Underweight rating and assigned the stock a target price of $150.
On May 13, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $200 to $175.
TD Cowen reiterated its Hold rating for the stock on April 24, 2024, while the target price for the stock was revised from $160 to $175.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 03 ’24 when TEMPLETON RICHARD K sold 100,440 shares for $178.47 per share. The transaction valued at 17,925,682 led to the insider holds 403,851 shares of the business.
TEMPLETON RICHARD K sold 104,000 shares of TXN for $18,246,007 on May 02 ’24. The Chairman now owns 403,851 shares after completing the transaction at $175.44 per share. On May 01 ’24, another insider, TEMPLETON RICHARD K, who serves as the Chairman of the company, sold 104,000 shares for $175.83 each. As a result, the insider received 18,286,283 and left with 403,851 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TXN now has a Market Capitalization of 185392332800 and an Enterprise Value of 189188374528. As of this moment, Texas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.74, and their Forward P/E ratio for the next fiscal year is 32.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.03 while its Price-to-Book (P/B) ratio in mrq is 10.91. Its current Enterprise Value per Revenue stands at 11.261 whereas that against EBITDA is 24.255.
Stock Price History:
The Beta on a monthly basis for TXN is 0.97, which has changed by 0.11194849 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, TXN has reached a high of $206.00, while it has fallen to a 52-week low of $139.48. The 50-Day Moving Average of the stock is 5.71%, while the 200-Day Moving Average is calculated to be 20.20%.
Shares Statistics:
According to the various share statistics, TXN traded on average about 5.40M shares per day over the past 3-months and 4064970 shares per day over the past 10 days. A total of 910.48M shares are outstanding, with a floating share count of 909.10M. Insiders hold about 0.15% of the company’s shares, while institutions hold 89.90% stake in the company. Shares short for TXN as of 1718323200 were 20741959 with a Short Ratio of 3.84, compared to 1715731200 on 20971506. Therefore, it implies a Short% of Shares Outstanding of 20741959 and a Short% of Float of 2.2800000000000002.
Dividends & Splits
The forward annual dividend rate for TXN is 5.14, which was 5.08 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.025379695The stock’s 5-year Average Dividend Yield is 2.64. The current Payout Ratio is 70.99% for TXN, which recently paid a dividend on 2024-05-07 with an ex-dividend date of 1715040000. Stock splits for the company last occurred on 2000-05-23 when the company split stock in a 2:1 ratio.
