Longbow raised the price target for the Texas Instruments Incorporated (NASDAQ:TXN) stock from “a Buy” to “a Neutral”. The rating was released on September 20, 2021. We previously noted in another research note published on July 22, 2021 by Rosenblatt that reiterated the stock to a Buy with a price target of $230 for TXN stock. The research report from Raymond James has reiterated the stock to Outperform, with a price target set at $230. The stock was reiterated by Morgan Stanley, who disclosed in a research note on July 22, 2021, to Underweight and set the price objective to $193. In their research brief published July 22, 2021, JP Morgan analysts reiterated the Texas Instruments Incorporated stock to Overweight with a price target of $220.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Texas Instruments Incorporated (NASDAQ:TXN) raised 1.53% to close Wednesday’s market session at $195.92, higher as compared to yesterday’s close. The stock price fluctuated between $193.74 and $196.70 throughout the trading session with the volume trading being 3338702 shares, which represented a significant variation when compared to the three months average volume of 3.49 million shares. The firm’s stock price fluctuated -0.80% within the last five trades and 4.30% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 9.51% in the last 6 months and 5.28% was added to its value over the previous 3 months. TXN stock is trading at a margin of 2.39%, 3.27% and 7.89% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, TXN deals in the Technology domain. The stock is trading -0.85 percent below its 52-week high and 46.08 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 35.97. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Texas Instruments Incorporated’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 45.20 percent and the profit margin is 39.90 percent, and the company has reported a gross margin of 65.50 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $181.40 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Texas Instruments Incorporated (NASDAQ:TXN) is 27.32. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 24.04. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 10.82 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 16.22, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.24 percent of Texas Instruments Incorporated shares are owned by insiders, and 85.50 percent are held by financial institutions. Hobby Jean M., the Director at Texas Instruments Incorporated (TXN) has sold 900 shares of firm on Aug 05 at a price of $192.04 against the total amount of $0.17 million. In another inside trade, Knecht Julie C., VP & Chief Accounting Officer of Texas Instruments Incorporated (NASDAQ:TXN) sold 7,399 shares of the firm on Aug 05 for a total worth of $1.42 million at a price of $192.17. An inside trade which took place on Jul 29, Sr. Vice President of Texas Instruments Incorporated BAHAI AHMAD sold 3,682 shares of firm against total price of $0.7 million at the cost of $189.71 per share.