Texas Instruments Inc. (TXN) Up 2.13% From Its 52-Week High, But Growth Potential Is Changing Over Time

Texas Instruments Inc. (NASDAQ:TXN) currently has a daily average trading volume of 5.39M but it saw 5934583 shares traded in last market. With a market cap of 178.03B USD, the company’s current market price of $195.53 came rising about 2.30 while comparing to the previous closing price of $191.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $191.46 and as low as $139.48.

Taking a look at 20-day trading activity of Texas Instruments Inc. (TXN) gives us an average price of $178.03, while its current price level is 2.13% below from 52-week high level whereas it is 40.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $173.62 while that of 200 days or SMA-200 reads an average of $164.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.44% during that period while stretching the period over a month that increases to 2.01%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 77.68 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which downgraded the stock as “Hold” in its note to investors issued on May 13, 2024, recommending a price target of between $200 and $175 for it. Evercore ISI issued its recommendations for the stock as it initiated the price target for the stock is $213.

Over the week, TXN’s stock price is moving 6.30% up while it is 16.67% when we observe its performance for the past one month. Year-to-date it is 14.71% up and over the past year, the stock is showing an upside performance of 18.32%.

Currently, Texas Instruments Inc.’s total number of outstanding shares is 910.48M. Company’s return on investment (ROI) stands at 19.71% and return on equity (ROE) at 36.47%. It has a price to earnings ratio (P/E ratio) of 30.47 while having a 31.05 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 10.48 while price to sale or P/S ratio amounts to 10.60. Its return on asset (ROA) is 18.34% on average.