Texas Instruments (TXN) Earnings Report Scheduled for January 23

Texas Instruments (NASDAQ:TXN) is set to announce its earnings on Thursday, January 23rd, after market hours. Analysts predict that the company will report earnings of $1.20 per share and a total revenue of approximately $3.87 billion for the quarter. For the fourth quarter, Texas Instruments expects earnings per share (EPS) to fall between $1.07 and $1.29.

In its last earnings announcement on October 22, Texas Instruments surpassed analysts' expectations by posting $1.47 EPS, exceeding the consensus estimate of $1.38 by $0.09. The company's revenue for that quarter reached $4.15 billion, also surpassing the anticipated $4.12 billion. However, revenue decreased by 8.4% compared to the same quarter the previous year when Texas Instruments reported $1.80 earnings per share. Current forecasts estimate that Texas Instruments will end the fiscal year with $5 EPS and $6 EPS for the following year.

Stock Performance Overview

The shares of Texas Instruments opened at $197.51 recently. The stock's 50-day moving average stands at $196.30, while the 200-day moving average is $199.76. Financial indicators show a quick ratio of 3.14, a current ratio of 4.31, and a debt-to-equity ratio of 0.74. The stock has experienced a range this past year with a low of $155.46 and a high of $220.38. As of now, Texas Instruments holds a market capitalization of around $180.17 billion and a price-to-earnings ratio of 36.71.

Insider Trading Activity

Recent insider sales have been noted, including a transaction by Director Robert E. Sanchez, who sold 9,990 shares on October 25 at an average price of $208.80, totaling about $2.09 million. After this transaction, he retained 20,461 shares valued at roughly $4.27 million, marking a 32.81% reduction in his holdings. Similarly, Director Ronald Kirk sold 10,539 shares on November 25 at an average price of $203.33, with proceeds amounting to approximately $2.14 million and a remaining shareholding of about $2.91 million, reflecting a decrease of 42.39%. Currently, insiders own about 0.68% of the company’s stock.

Analyst Predictions and Ratings

A number of analysts have recently provided insights regarding Texas Instruments stock. Mizuho established a target price of $200, whereas Robert W. Baird lowered its target to $175 while maintaining a “neutral” stance. Cantor Fitzgerald also reiterated a “neutral” rating with a $200 target. Benchmark has assigned a “buy” rating with a more optimistic target price of $230. Additionally, Morgan Stanley adjusted its forecast from $154 to $167 while labeling the investment as “underweight.” Presently, market analysis reflects two sell ratings, twelve hold ratings, and nine buy ratings, leading to an average rating of “Hold” with a consensus price target of $209.71.

About Texas Instruments

Texas Instruments Incorporated specializes in designing, manufacturing, and selling semiconductors across the electronics sector, both domestically and internationally. Its operations are divided into two main segments: Analog and Embedded Processing. The Analog segment develops various power management solutions catering to different voltage requirements, including battery-management solutions, switching regulators, and power switches.

Texas, Instruments, Earnings