TXN stock: buy or sell?
January 17th, 2020
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. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups work for Texas Instruments stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Texas Instruments stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we collected 15 ratings published for TXN stock in the last month. The general sentiment of these ratings is bullish for TXN stock, with 9 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-27||Bank of America||Neutral||Buy|
|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|
TXN stock analysis
Texas Instruments closed yesterday at $131.70 after topping to a new all time high ($132.04) and gained a beatiful 1.18%.
Texas Instruments closed yesterday at $131.70 after reaching a new all time high ($132.04) and gained a beatiful 1.18%. TXN is retaking the upward trend marking a new rising bottom heading to break out over $131.86. In the last 38 days when TXN stock price broke up the SMA100d line, it gained $10.33 (8.51%).
Texas Instruments set new all time highs again this week, setting highs to $132.04. Shares ended at $131.70 and stepped up 1.31% during the week.
Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $129.61 resistance. Since mid April 2019 when SMA20w and SMA40w crossed up, TXN price gained $17.26 per share (15.08%). Since early February 2019 when TXN stock price broke up the SMA40w line, it gained $31.73 (31.74%).
TXN stock price history
TXN stock historical price chart
TXN stock reached all-time highs yesterday with a price of $132.04.
TXN stock price target is $131.30Nobody 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. We detected 14 price predictions for TXN stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-27||Bank of America||Upgrades||n/a||$150.00||-|
|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%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on April, Texas Instruments . As soon as we get its posted EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Texas Instruments annual sales jumped a nice 5.50% to $15,784.00 million dollars from $14,961.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) boosted a 10.74% to 35.35%. 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 earnings were $5,431.00 M dollars. If we compare this TTM figures with the last reported annuality, we can review Texas Instruments business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, slightly fell a disappointing -1.24%. Regarding profit margin, Texas Instruments stayed stable -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 million in sales for 2019-Q1, a -3.31% decline compared to previous quarter. Reported quarter income marked $1,217.00 million with a profit margin of 33.86%. Profit margin stayed constant a 0.53% compared to previous quarter when profit margin was 33.33%. When comparing sales to same quarter last year, Texas Instruments sales marked a fatal decrease 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 buy a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Texas Instruments, 0.28% of all outstanding shares are owned by its staff.
Bearish positions for TXN stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$123.1 B|
|Total shares||934.8 M|
|Float shares||932.6 M|
|- Institutional holdings (%)||88.2%|
|- Insider holdings (%)||0.3%|
|Shares in short selling||0.0%|
|Friday, January 17th, 2020|
|Day range||$130.44 - $132.04|
|Average true range||$1.87|
|50d mov avg||$123.98|
|100d mov avg||$124.56|
|200d mov avg||$119.28|
Texas Instruments performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Texas Instruments, the benchmark is made against .
Texas Instruments competitorsUnfortunately, we could not find any public company that could be defined as Texas Instruments competitor. This doesn't mean Texas Instruments does not have any competitor in the market, it's just we could not detected it.
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