Texas Instruments Inc (NASDAQ: TXN) has reported E.P.S. of $1.23 for its second fiscal quarter (ending June 30) versus $1.89 for the same period a year ago — a decline of -35%. Relative to the consensus estimate of $1.19, this was a premium of $0.04. For the latest four quarters through June 30, E.P.S. were $5.81 compared to $8.42 a year ago — a decline of -31%.
Recent Price Action
Texas Instruments Inc (NASDAQ: TXN) stock closed at $198.29 on 7/23/24 after a decline of -3.7%. This decline was accompanied by normal trading volume. The stock has declined -1.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TXN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Texas Instruments has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Texas Instruments has a poor Appreciation Score of 22 but a slightly positive Power Rating of 69, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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