Media headlines about Texas Instruments (NASDAQ:TXN) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Texas Instruments earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.1130125546382 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Spellbinding Stocks: Petroleo Brasileiro SA – Petrobras (NYSE:PBR), Texas Instruments Incorporated (NASDAQ:TXN … – The Stock Street (press release) (thestreetpoint.com)
- Short Interest Falls 17% For TXN (marketnewsvideo.com)
- When Should You Buy Texas Instruments Incorporated (TXN)? (finance.yahoo.com)
- Texas Instruments Incorporated (TXN) Short Interest Update (americanbankingnews.com)
- Texas Instruments Incorporated (TXN) Stocks Showing Pleasant/Unpleasant Sentiment- Lam Research Corporation … – Investing News Update (investingbizz.com)
A number of brokerages have commented on TXN. Royal Bank Of Canada boosted their price objective on Texas Instruments from $95.00 to $96.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 26th. Loop Capital restated a “hold” rating and set a $84.00 price objective (up previously from $79.00) on shares of Texas Instruments in a research note on Wednesday, July 26th. UBS AG reaffirmed a “buy” rating and set a $93.00 target price (up from $91.00) on shares of Texas Instruments in a research report on Wednesday, July 26th. Bank of America Corporation lifted their target price on Texas Instruments from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Drexel Hamilton lifted their target price on Texas Instruments from $93.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the company. Texas Instruments presently has an average rating of “Buy” and a consensus target price of $93.85.
Texas Instruments (NASDAQ TXN) opened at $96.96 on Wednesday. The company has a current ratio of 3.89, a quick ratio of 2.96 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $95,560.00, a P/E ratio of 23.88, a PEG ratio of 2.33 and a beta of 1.28. Texas Instruments has a 52-week low of $69.92 and a 52-week high of $99.05.
Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, October 24th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.14. The business had revenue of $4.12 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 38.88% and a net margin of 29.98%. The business’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 earnings per share. research analysts anticipate that Texas Instruments will post 4.33 EPS for the current year.
Texas Instruments announced that its board has authorized a share repurchase program on Thursday, September 21st that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the semiconductor company to purchase up to 74% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.
The company also recently announced a quarterly dividend, which was paid on Monday, November 13th. Shareholders of record on Tuesday, October 31st were given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.56%. This is an increase from Texas Instruments’s previous quarterly dividend of $0.50. The ex-dividend date was Monday, October 30th. Texas Instruments’s dividend payout ratio is 56.49%.
In other Texas Instruments news, VP R Gregory Delagi sold 61,250 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The stock was 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 directly owns 189,234 shares in the company, valued at $18,308,389.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Darla H. Whitaker sold 118,799 shares of the company’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $96.24, for a total value of $11,433,215.76. Following the completion of the sale, the vice president now owns 123,993 shares of the company’s stock, valued at $11,933,086.32. The disclosure for this sale can be found here. Insiders sold 1,362,293 shares of company stock valued at $131,754,396 over the last 90 days. 0.96% of the stock is currently owned by insiders.
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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