Texas Instruments Inc. (NASDAQ: TXN): Think Like A Lender, Not An Investor

Texas Instruments Inc. (NASDAQ:TXN) currently has a daily average trading volume of 5.56M but it saw 9128569 shares traded in last market. With a market cap of 188.65B USD, the company’s current market price of $206.61 came rising about 2.41 while comparing to the previous closing price of $201.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $214.66 and as low as $139.48. In the recent trading on the day, stock has struck highest price mark of $201.21 while lowest mark touched by it was $206.91.

Taking a look at 20-day trading activity of Texas Instruments Inc. (TXN) gives us an average price of $202.26, while its current price level is -3.75% below from 52-week high level whereas it is 48.13% 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 $203.27 while that of 200 days or SMA-200 reads an average of $186.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.05% during that period while stretching the period over a month that increases to 2.22%. 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 55.88 which implies that the stock is in neutral territory.

Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on August 21, 2024 while assigning a price target range of $200-$235. Wells Fargo issued its recommendations for the stock as it initiated the price target for the stock is $150.

Over the week, TXN’s stock price is moving 4.19% up while it is 0.76% when we observe its performance for the past one month. Year-to-date it is 21.21% up and over the past year, the stock is showing an upside performance of 40.63%.

Currently, Texas Instruments Inc.’s total number of outstanding shares is 913.05M. Company’s return on investment (ROI) stands at 16.04% and return on equity (ROE) at 29.15%. It has a price to earnings ratio (P/E ratio) of 38.38 while having a 35.37 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 10.91 while price to sale or P/S ratio amounts to 12.01. Its return on asset (ROA) is 14.76% on average.