News coverage about Texas Instruments (NASDAQ:TXN) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Texas Instruments earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 46.4009837339642 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Texas Instruments shares rise as automotive, industrial demand boosts sales (ft.com)
- Texas Instruments Traces out Bullish Continuation Pattern $TXN (stockcharts.com)
- Texas Instruments introduces its first educational robot, the TI-Innovator™ Rover (finance.yahoo.com)
- Zacks.com featured highlights include Texas Instruments, CBRE Group, Sandvik, Applied Materials and Lloyds Banking Group (finance.yahoo.com)
- Texas Instruments Incorporated (TXN)- Stocks Getting Investors Vote of Confidence – NASDAQ Times (nasdaqtimes.com)
TXN has been the topic of a number of recent analyst reports. Raymond James Financial, Inc. reissued a “mkt perform” rating on shares of Texas Instruments in a report on Friday, June 16th. Zacks Investment Research downgraded shares of Texas Instruments from a “hold” rating to a “sell” rating in a report on Wednesday, June 28th. Jefferies Group LLC reissued a “buy” rating on shares of Texas Instruments in a report on Monday, July 10th. Cowen and Company reissued a “hold” rating and set a $82.00 price target on shares of Texas Instruments in a report on Friday, July 14th. Finally, Barclays PLC increased their price target on shares of Texas Instruments from $77.00 to $83.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 18th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Texas Instruments currently has an average rating of “Buy” and a consensus price target of $86.18.
Shares of Texas Instruments (TXN) traded up 0.73% on Thursday, reaching $83.30. 2,785,612 shares of the company’s stock traded hands. Texas Instruments has a 52 week low of $66.80 and a 52 week high of $84.65. The stock’s 50-day moving average price is $81.58 and its 200-day moving average price is $80.49. The stock has a market capitalization of $82.47 billion, a price-to-earnings ratio of 20.84 and a beta of 1.20.
Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.07. Texas Instruments had a net margin of 28.68% and a return on equity of 36.52%. The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the previous year, the company posted $0.76 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. Equities analysts predict that Texas Instruments will post $4.13 EPS for the current year.
In other news, insider Kevin J. Ritchie sold 105,396 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $81.91, for a total transaction of $8,632,986.36. Following the completion of the transaction, the insider now owns 252,257 shares of the company’s stock, valued at approximately $20,662,370.87. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Ellen Barker sold 15,000 shares of the company’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $81.87, for a total transaction of $1,228,050.00. Following the transaction, the insider now directly owns 45,697 shares of the company’s stock, valued at approximately $3,741,213.39. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 211,301 shares of company stock valued at $17,259,256. Corporate insiders own 0.96% of the company’s stock.
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About Texas Instruments
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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