TXN stock: buy or sell?
September 20th, 2019
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide.
Should I buy TXN stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Texas Instruments stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Texas Instruments stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 15 ratings published for TXN stock in the last 30 days. The general sentiment of these ratings is bullish for TXN stock, with 8 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-24||Morgan Stanley||n/a||Equal Weight|
|2019-7-24||JPMorgan Chase & Co.||n/a||Overweight|
|2019-7-24||Jefferies Financial Group||n/a||Buy|
|2019-7-24||Credit Suisse Group||n/a||Outperform|
|2019-7-24||Charter Equity||Market Perform||Buy|
|2019-7-24||BMO Capital Markets||n/a||Outperform|
|2019-4-30||Wells Fargo & Co||Market Perform||Market Perform|
TXN stock analysis
Texas Instruments dropped -1.68% today to $126.67 after reaching all time highs on September 12th.
After reaching all time highs on September/12, Texas Instruments dropped -1.68% today to $126.67. On September 12th, TXN hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers. On June TXN price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.
Shares of Texas Instruments closed this week at $126.67 and declined an awful -2.27%.
Not so far away is the last all-time high Texas Instruments marked last week. Since mid April when SMA20w and SMA40w crossed up, TXN price gained $11.36 per share (9.85%). Early February TXN price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
TXN stock price history
TXN stock historical price chart
TXN stock reached all-time highs on Sep 12th with a price of $130.92.
TXN stock price target is $124.70Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we found 14 price targets for TXN stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-29||Stifel Nicolaus||Lowers Target||$122.00||$117.00||-4.1%|
|2019-8-22||UBS Group||Raises Target||$93.00||$100.00||7.5%|
|2019-7-24||SunTrust Banks||Raises Target||n/a||$133.00||-|
|2019-7-24||Morgan Stanley||Raises Target||$106.00||$110.00||3.8%|
|2019-7-24||Loop Capital||Raises Target||n/a||$140.00||-|
|2019-7-24||JPMorgan Chase & Co.||Raises Target||$130.00||$138.00||6.2%|
|2019-7-24||Jefferies Financial Group||Raises Target||$137.00||$170.00||24.1%|
|2019-7-24||Deutsche Bank||Set Price Target||n/a||$120.00||-|
|2019-7-24||Credit Suisse Group||Reiterates||$140.00||$130.00||-7.1%|
|2019-7-24||BMO Capital Markets||Raises Target||$130.00||$150.00||15.4%|
|2019-4-30||Wells Fargo & Co||Lowers Target||$63.00||$58.00||-7.9%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last April, when Texas Instruments published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Texas Instruments annual turnover jumped a nice 5.50% to $15,784.00 million USD from $14,961.00 marked in 2017. On the other hand, its profit margin (compared to revenues) boosted to 35.35%, that is $5,580.00 million. To have an updated view of the financial situation of Texas Instruments, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Texas Instruments TTM sales up to March 2019 were $15,589.00 and income was $5,431.00 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Texas Instruments business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, slightly fell an ugly -1.24%. Regarding profit margin, Texas Instruments stayed constant -0.51% to 35.35%
|2013||$12,210 M||-||$2,130 M17.4%||-|
|2014||$13,045 M||6.84%||$2,821 M21.6%||32.44%|
|2015||$13,000 M||-0.34%||$2,986 M23.0%||5.85%|
|2016||$13,370 M||2.85%||$3,595 M26.9%||20.40%|
|2017||$14,961 M||11.90%||$3,682 M24.6%||2.42%|
|2018||$15,784 M||5.50%||$5,580 M35.4%||51.55%|
|TTM||$15,589 M||-1.24%||$5,431 M34.8%||-2.67%|
Quarterly financial resultsTexas Instruments posted $3,594.00 M in sales for 2019-Q1, a -3.31% less compared to previous quarter. Reported quarter income marked $1,217.00 M with a profit margin of 33.86%. Profit margin remained constant a 0.53% compared to previous quarter when profit margin was 33.33%. When comparing revenues to same quarter last year, Texas Instruments sales marked a rough correction and eased a -5.15%. Looking back to recent quarterly results, Texas Instruments posted 2 positive quarters in a row.
|2017-Q2||$3,690 M||-||$1,050 M28.5%||-|
|2017-Q3||$4,120 M||11.65%||$1,270 M30.8%||20.95%|
|2017-Q4||$3,750 M||-8.98%||$344 M9.2%||-72.91%|
|2018-Q1||$3,789 M||1.04%||$1,366 M36.1%||297.09%|
|2018-Q2||$4,017 M||6.02%||$1,405 M35.0%||2.86%|
|2018-Q3||$4,261 M||6.07%||$1,570 M36.8%||11.74%|
|2018-Q4||$3,717 M||-12.77%||$1,239 M33.3%||-21.08%|
|2019-Q1||$3,594 M||-3.31%||$1,217 M33.9%||-1.78%|
Texas Instruments ownershipWhen you are planning to invest in a company, it's always worth to have a look its ownership structure.
Texas Instruments shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.29% of all shares.
Bearish positions for TXN stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Texas Instruments:
|Market cap||$118.3 B||$42.8 B||$224.7 B||$15.9 B||$107.8 B|
|Total shares||933.6 M||369.4 M||4,430.0 M||271.3 M||609.0 M|
|Float shares||931.0 M||367.9 M||4,430.0 M||269.2 M||584.2 M|
|- Institutional holdings (%)||88.0%||92.5%||68.8%||100.0%||72.8%|
|- Insider holdings (%)||0.3%||0.3%||0.1%||0.7%||4.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$126.22 - $128.75|
|Average true range||$2.35|
|50d mov avg||$123.62|
|100d mov avg||$117.06|
|200d mov avg||$109.82|
Texas Instruments performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared Texas Instruments against Analog Devices, Intel, Maxim Integrated Products, NVIDIA, ON Semiconductor, QUALCOMM and STMicroelectronics in the following table:
|MXIMMaxim Integrated ...||1.04%||9.84%||1.72%|
Texas Instruments competitorsOne check before investing in any stock is to review a list of its competitors, in this case for Texas Instruments. We chose 7 companies as Texas Instruments competitors as they are in the same industry or have similar market objectives.
- Analog Devices (ADI)
- Intel (INTC)
- Maxim Integrated Products (MXIM)
- NVIDIA (NVDA)
- ON Semiconductor (ON)
- QUALCOMM (QCOM)
- STMicroelectronics (STM)
Latest TXN stock news
- InvestorPlaceTuesday’s Vital Data: Texas Instruments, Beyond Meat and AppleJuly 30, 2019
- Seeking AlphaTexas Instruments: Impeccable Quality And Reasonable ValuationJuly 24, 2019
- InvestorPlaceTexas Instruments Earnings: TXN Stock Soars as Forecast Above ExpectedJuly 23, 2019
- InvestorPlaceTexas Instruments Earnings: TXN Stock Slides on Positive Q2 ForecastApril 23, 2019
- Seeking AlphaTexas Instruments: Transforming The World Since 1930April 5, 2019