News stories about Texas Instruments (NASDAQ:TXN) have trended positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Texas Instruments earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.9651262602294 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
Texas Instruments (NASDAQ TXN) opened at $112.72 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 3.89 and a quick ratio of 2.96. The company has a market cap of $111,092.44, a price-to-earnings ratio of 26.34, a P/E/G ratio of 2.57 and a beta of 1.27. Texas Instruments has a 52-week low of $73.87 and a 52-week high of $113.00.
Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, October 24th. The semiconductor company reported $1.26 EPS for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.14. Texas Instruments had a net margin of 29.98% and a return on equity of 38.88%. The firm had revenue of $4.12 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period last year, the firm posted $0.94 EPS. The company’s revenue was up 12.0% on a year-over-year basis. research analysts predict that Texas Instruments will post 4.36 earnings per share for the current fiscal year.
Texas Instruments announced that its board has approved a stock buyback program on Thursday, September 21st that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the semiconductor company to buy up to 74% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.
Several equities research analysts have recently commented on TXN shares. Morgan Stanley lifted their price objective on shares of Texas Instruments from $88.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 13th. Robert W. Baird boosted their target price on shares of Texas Instruments from $85.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Deutsche Bank upped their price objective on shares of Texas Instruments from $80.00 to $92.00 and gave the stock a “hold” rating in a research report on Wednesday, October 25th. BidaskClub upgraded shares of Texas Instruments from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 21st. Finally, Bank of America upped their price objective on shares of Texas Instruments from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company. Texas Instruments presently has an average rating of “Buy” and a consensus price target of $95.51.
In related news, VP R Gregory Delagi sold 61,250 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $96.75, for a total value of $5,925,937.50. Following the completion of the sale, the vice president now owns 189,234 shares in the company, valued at $18,308,389.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 16,990 shares of the firm’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $96.44, for a total transaction of $1,638,515.60. Following the completion of the sale, the director now owns 18,495 shares of the company’s stock, valued at approximately $1,783,657.80. The disclosure for this sale can be found here. Insiders sold a total of 1,362,293 shares of company stock valued at $131,754,396 in the last 90 days. Company 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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