Texas Instruments Inc (TXN): Investing In A Time Of Crisis

Texas Instruments Inc (NASDAQ:TXN) currently has a daily average trading volume of 5.47M but it saw 6537459 shares traded in last market. With a market cap of 185.33B USD, the company’s current market price of $203.16 came falling about -2.29 while comparing to the previous closing price of $207.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $214.66 and as low as $140.03. In the recent trading on the day, stock has struck highest price mark of $201.4 while lowest mark touched by it was $207.96.

Taking a look at 20-day trading activity of Texas Instruments Inc (TXN) gives us an average price of $202.90, while its current price level is -5.36% below from 52-week high level whereas it is 45.08% 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 $203.70 while that of 200 days or SMA-200 reads an average of $187.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.23% during that period while stretching the period over a month that decreases to 2.18%. 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 49.67 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 -1.67% down while it is -0.13% when we observe its performance for the past one month. Year-to-date it is 19.18% up and over the past year, the stock is showing an upside performance of 43.06%.

Currently, Texas Instruments Inc’s total number of outstanding shares is 912.22M. 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 37.74 while having a 34.78 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 10.73 while price to sale or P/S ratio amounts to 11.80. Its return on asset (ROA) is 14.76% on average.