Texas Instruments Inc (NASDAQ: TXN) has reported E.P.S. of $1.48 for its third fiscal quarter (ending September 30) versus $1.87 for the same period a year ago. E.P.S. were $5.42 for the latest four quarters through September 30 versus $7.79 for the same period a year ago.
Recent Price Action
On 10/22/24, Texas Instruments Inc (NASDAQ: TXN) stock declined slightly by -0.9%, closing at $193.97. Moreover, this decline was accompanied by unusually high trading volume at 150% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -7.0% during the last week.
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 (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Texas Instruments has a poor Appreciation Score of 26 but a good Power Rating of 84, resulting in the Neutral Value Trend Rating.
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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