In the final minutes of trading on Wednesday, shares hit $51.90, a rise of 11 percent in the last 12 months. As per the latest data, 1 analysts has given a sell rating on the shares of the company. During the same quarter past year, the business posted $0.76 EPS. Momentum traders look at the trends of a stock price and believe that the stock will continue to move in the same direction, leading to timely and profitable trades. Trading volume was at 17.81 million shares versus an average volume of 13.64 million shares. The company guided for revenue between $3.07 billion and $3.33 billion, mostly below the $3.27 billion of revenue the company reported during the fourth quarter of 2014. Sterne Agee CRT reissued a “buy” rating on shares of Texas Instruments in a research note on Thursday. The stock now has an average rating of “Hold” and a consensus price target of $56.67. It beat analysts’ estimates having posted earnings at $539 million or $0.45 per share, compared to the average consensus of $0.40 per share.
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On valuation measures, Texas Instruments shares are now priced at 20.84x this year’s forecasted earnings, compared to the industry’s 10.74x earnings multiple. Texas Instruments’s stock is up 1.48% over the past 200 days.
TI reported third-quarter sales of $3.43 billion, down 2 percent from a year ago.
Texas Instruments Incorporated (NASDAQ:TXN) recently brought positive earnings surprise of 11.7647% as, on 10/21/15, it reported EPS of $0.76 versus the consensus estimate of $0.68. The company has the total of 1.94 billion outstanding shares right now, while its market capitalization is about $49.66 billion. The 52-week high of the share price is $59.99 and the company has a market cap of $53,957 million. The 52-week low of the share price is at $41.47. In September, we announced a quarterly dividend increase of 4 cents per share, a 12 percent increase. This represents a $1.52 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Wednesday, October 28th.
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Texas Instruments Inc. (TI) designs and makes semiconductors that the Company sells to electronics designers and manufacturers all over the world. Increased factory load-ins, and an improved product portfolio focused on analog and embedded processing that benefits from an efficient manufacturing strategy, are a few of the key factors that have enabled the company to improve its gross margins. “Other semiconductor products include standard logic, application- specific integrated circuits, reduced instruction-set computing microprocessors, microcontrollers and digital imaging devices”. The sales from these smaller businesses are comprised under Another segment.
