Somewhat Positive Media Coverage Somewhat Unlikely to Impact Texas Instruments (TXN) Share Price

Media headlines about Texas Instruments (NASDAQ:TXN) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Texas Instruments earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.672293038197 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

A number of equities research analysts recently weighed in on the company. B. Riley restated a “neutral” rating and issued a $89.00 price target on shares of Texas Instruments in a research note on Monday, July 31st. Zacks Investment Research upgraded Texas Instruments from a “hold” rating to a “buy” rating and set a $92.00 price objective on the stock in a research report on Thursday, July 27th. Morgan Stanley restated an “equal weight” rating and issued a $83.00 price target (up previously from $78.00) on shares of Texas Instruments in a research report on Wednesday, July 26th. Barclays PLC decreased their price target on Texas Instruments from $78.00 to $83.00 in a research report on Wednesday, July 26th. Finally, Loop Capital restated a “hold” rating and issued a $84.00 price target (up previously from $79.00) on shares of Texas Instruments in a research report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Texas Instruments has a consensus rating of “Buy” and a consensus target price of $85.96.

Shares of Texas Instruments (TXN) traded up 1.43% during mid-day trading on Monday, hitting $82.05. The company had a trading volume of 3,788,615 shares. Texas Instruments has a 52-week low of $66.30 and a 52-week high of $84.65. The firm has a market capitalization of $81.23 billion, a price-to-earnings ratio of 20.52 and a beta of 1.21. The firm has a 50-day moving average price of $80.31 and a 200 day moving average price of $79.71.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.07. Texas Instruments had a net margin of 28.68% and a return on equity of 36.52%. The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter last year, the firm earned $0.76 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. Analysts expect that Texas Instruments will post $4.13 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 14th. Shareholders of record on Monday, July 31st will be given a $0.50 dividend. The ex-dividend date is Thursday, July 27th. This represents a $2.00 annualized dividend and a yield of 2.44%. Texas Instruments’s dividend payout ratio is presently 50.51%.

In related news, Director Carrie Smith Cox sold 14,000 shares of the business’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $82.25, for a total value of $1,151,500.00. Following the completion of the sale, the director now directly owns 38,435 shares of the company’s stock, valued at $3,161,278.75. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Brian T. Crutcher sold 50,000 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $81.09, for a total transaction of $4,054,500.00. Following the completion of the sale, the chief operating officer now directly owns 201,440 shares of the company’s stock, valued at $16,334,769.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 90,905 shares of company stock valued at $7,398,219. Corporate insiders own 0.96% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this news story on another website, it was stolen and republished in violation of US and international copyright and trademark legislation. The legal version of this news story can be accessed at https://stocknewstimes.com/2017/08/14/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-texas-instruments-txn-share-price.html.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

Insider Buying and Selling by Quarter for Texas Instruments (NASDAQ:TXN)

Receive News & Ratings for Texas Instruments Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply