Texas Instruments (NASDAQ:TXN) is set to release its earnings data after the market closes on Tuesday, July 23rd. Analysts expect Texas Instruments to post earnings of $1.21 per share for the quarter. Texas Instruments has set its Q2 2019 guidance at $1.12-1.32 EPS and its Q2 guidance at $1.12-1.32 EPS.
Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.13 by $0.09. The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.48 billion. Texas Instruments had a return on equity of 55.48% and a net margin of 34.84%. The company’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.35 EPS. On average, analysts expect Texas Instruments to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Texas Instruments stock opened at $117.26 on Monday. The firm has a 50 day moving average price of $112.99. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.70 and a current ratio of 3.68. The firm has a market cap of $110.01 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 2.27 and a beta of 1.25. Texas Instruments has a 12 month low of $87.70 and a 12 month high of $120.00.
The company also recently declared a quarterly dividend, which will be paid on Monday, August 12th. Shareholders of record on Wednesday, July 31st will be issued a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 2.63%. Texas Instruments’s dividend payout ratio (DPR) is 56.83%.
Several equities analysts have commented on the company. Deutsche Bank upped their price target on Texas Instruments from $100.00 to $110.00 and gave the company a “hold” rating in a report on Wednesday, April 24th. Royal Bank of Canada set a €145.00 ($168.60) price target on Aena SME and gave the company a “sell” rating in a report on Tuesday, April 30th. Wells Fargo & Co reaffirmed a “buy” rating and issued a $157.00 price target on shares of Chubb in a report on Tuesday, April 30th. Longbow Research cut Texas Instruments from a “buy” rating to a “neutral” rating and set a $116.20 price target for the company. in a report on Wednesday, April 17th. Finally, Morgan Stanley upped their price target on Canadian Pacific Railway from C$272.00 to C$277.00 in a report on Wednesday, April 24th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $109.46.
In related news, insider Rafael R. Lizardi sold 27,675 shares of the stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $117.87, for a total transaction of $3,262,052.25. Following the sale, the insider now directly owns 98,809 shares in the company, valued at approximately $11,646,616.83. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Richard K. Templeton sold 475,000 shares of the stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $117.38, for a total value of $55,755,500.00. Following the completion of the transaction, the chairman now owns 930,287 shares in the company, valued at $109,197,088.06. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 879,332 shares of company stock worth $103,024,864. 0.89% of the stock is owned by corporate insiders.
Texas Instruments Company Profile
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.
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.