Investors Are Waking Up To Texas Instruments Inc (NASDAQ: TXN) After Rising 37.40% Over The Past 12 Months

Texas Instruments Inc (NASDAQ:TXN) currently has a daily average trading volume of 5.40M but it saw 4212438 shares traded in last market. With a market cap of 187.92B USD, the company’s current market price of $206.00 came rising about 0.14 while comparing to the previous closing price of $205.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $220.38 and as low as $148.91. In the recent trading on the day, stock has struck highest price mark of $204.38 while lowest mark touched by it was $207.05.

Taking a look at 20-day trading activity of Texas Instruments Inc (TXN) gives us an average price of $206.80, while its current price level is -6.53% below from 52-week high level whereas it is 38.34% 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 $204.32 while that of 200 days or SMA-200 reads an average of $189.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.40% during that period while stretching the period over a month that decreases to 2.27%. 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 48.67 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 -5.30% down while it is 2.65% when we observe its performance for the past one month. Year-to-date it is 20.85% up and over the past year, the stock is showing an upside performance of 37.40%.

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 38.27 while having a 35.34 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 10.88 while price to sale or P/S ratio amounts to 11.96. Its return on asset (ROA) is 14.76% on average.