Texas Instruments Incorporateds in-depth stock price analysis indicates that the stock price has rallied 3.53% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 7.76% . Looking at the past 52 week period, the stock price is up at 46.97% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Texas Instruments Incorporated has a positive value of 27.08 compared to overall market. Texas Instruments Incorporated (NASDAQ:TXN) has tumbled 1.75% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.21% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.54%. Texas Instruments Incorporated (NASDAQ:TXN) has underperformed the index by 1.58% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Texas Instruments Incorporated (NASDAQ:TXN) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.14 points or 0.19% at $75.16 with 6,289,845 shares getting traded. Post opening the session at $75.62, the shares hit an intraday low of $74.52 and an intraday high of $75.66 and the price was in this range throughout the day. The company has a market cap of $74,858 million and the number of outstanding shares has been calculated to be 995,983,960 shares. The 52-week high of Texas Instruments Incorporated (NASDAQ:TXN) is $79.47 and the 52-week low is $49.74.
Texas Instruments Incorporated Last issued its quarterly earnings results on Jan 24, 2017. The company reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.82. The company had revenue of $3414.00 million for the quarter, compared to analysts expectations of $3319.67 million. The companys revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Cowen on Jan 25, 2017 to Market Perform, Raises Price Target to $ 77 from a previous price target of $73 .Company shares were Reiterated by Mizuho on Jan 25, 2017 to Neutral, Raises Price Target to $ 75 from a previous price target of $68 .Company shares were Reiterated by Drexel Hamilton on Jan 25, 2017 to Buy, Raises Price Target to $ 93 from a previous price target of $82 .Company shares were Reiterated by RBC Capital Mkts on Jan 25, 2017 to Outperform, Raises Price Target to $ 84 from a previous price target of $80 .Texas Instruments Incorporated was Upgraded by Credit Suisse to Outperform on Jan 9, 2017.
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Brian T Crutcher (Chief Operating Officer) sold 42,550 shares at 76.27 per share price.On Feb 6, 2017, Bing Xie (Senior Vice President) sold 13,334 shares at 75.87 per share price.On Feb 3, 2017, Christine Todd Whitman (director) sold 7,000 shares at 76.06 per share price.
Texas Instruments, Inc. is a global semiconductor company and one of the worlds leading designers and suppliers of digital signal processors and analog integrated circuits, the engines driving the digitization of electronics. These two types of semiconductor products work together in digital electronic devices such as digital cellular phones. Other semiconductor products include standard logic, application- specific integrated circuits, reduced instruction-set computing microprocessors, microcontrollers and digital imaging devices.