Texas Instruments (TXN) Earning Somewhat Positive News Coverage, Study Finds

Media headlines about Texas Instruments (NASDAQ:TXN) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Texas Instruments earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 46.1825433299997 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

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Texas Instruments stock traded down $1.33 during midday trading on Friday, reaching $99.96. The stock had a trading volume of 7,858,035 shares, compared to its average volume of 4,992,290. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.87 and a quick ratio of 3.00. Texas Instruments has a 52-week low of $75.92 and a 52-week high of $120.75. The firm has a market capitalization of $98,339.45, a P/E ratio of 23.36, a price-to-earnings-growth ratio of 2.08 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.09. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. The company had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.74 billion. During the same period in the prior year, the company posted $0.91 EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. research analysts anticipate that Texas Instruments will post 4.99 earnings per share for the current fiscal year.

Several research firms have commented on TXN. B. Riley reissued a “neutral” rating and set a $110.00 price objective (up previously from $97.00) on shares of Texas Instruments in a report on Wednesday, January 24th. Mizuho reissued a “buy” rating and set a $107.00 price objective (up previously from $96.00) on shares of Texas Instruments in a report on Tuesday, January 23rd. Zacks Investment Research downgraded shares of Texas Instruments from a “buy” rating to a “hold” rating in a report on Monday, January 15th. Nomura increased their price objective on shares of Texas Instruments from $90.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, January 24th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $138.00 price objective (up previously from $5.08) on shares of Texas Instruments in a report on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $109.96.

In other news, COO Brian T. Crutcher sold 267,201 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $111.08, for a total transaction of $29,680,687.08. Following the transaction, the chief operating officer now directly owns 246,961 shares of the company’s stock, valued at $27,432,427.88. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Haviv Ilan sold 23,831 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the transaction, the vice president now directly owns 131,153 shares in the company, valued at $14,474,045.08. The disclosure for this sale can be found here. Insiders sold a total of 757,632 shares of company stock worth $83,306,399 over the last three months. 0.84% of the stock is currently owned by corporate insiders.

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About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

Insider Buying and Selling by Quarter for Texas Instruments (NASDAQ:TXN)

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