Texas Instruments (TXN) Outpaces Stock Market Gains: What You Should Know

Asia's Tech News Daily

Texas Instruments (TXN) closed the most recent trading day at $201.29, moving +0.96% from the previous trading session. This change outpaced the S&P 500’s 0.3% gain on the day.

Click to get this free report, Zacks Investment Research

– Zacks

Prior to today’s trading, shares of the chipmaker had gained 1.77% over the past month. This has lagged the Computer and Technology sector’s gain of 1.79% and the S&P 500’s gain of 4.28% in that time.

Investors will be hoping for strength from TXN as it approaches its next earnings release, which is expected to be October 26, 2021. In that report, analysts expect TXN to post earnings of $2.06 per share. This would mark year-over-year growth of 42.07%. Our most recent consensus estimate is calling for quarterly revenue of $4.69 billion, up 23% from the year-ago period.

TXN’s full-year Zacks Consensus Estimates are calling for earnings of $7.92 per share and revenue of $18.04 billion. These results would represent year-over-year changes of +32.66% and +24.75%, respectively.

Any recent changes to analyst estimates for TXN should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.65% higher within the past month. TXN is currently a Zacks Rank #2 (Buy).

Looking at its valuation, TXN is holding a Forward P/E ratio of 25.19. This represents a premium compared to its industry’s average Forward P/E of 19.9.

Also, we should mention that TXN has a PEG ratio of 2.7. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Semiconductor – General industry currently had an average PEG ratio of 2.72 as of yesterday’s close.

The Semiconductor – General industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 30, which puts it in the top 12% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>



Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

 

Texas Instruments Incorporated (TXN): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Religare Finvest debt recast at final stages; NBFC to reboot in January

With debt recast at final stages, Religare Finvest Ltd (RFL) is all set to restart its business come new year 2022, Religare Enterprises Ltd Chairperson Rashmi Saluja said. RFL, a ... Read more »

Peter Lampl tells ME & MY MONEY how he rose from a council house to riches - next door to Donald Trump: 'I'll raise £100m to help kids succeed'

© Provided by This Is Money ( The best money decision that philanthropist Peter Lampl ever made was to fund the campaign to ban handguns in the wake of the ... Read more »

Amazon asks India antitrust body to revoke Reliance-Future deal approval

1 / 2Amazon asks India antitrust body to revoke Reliance-Future deal approvalFILE PHOTO: People shop for clothes inside the Big Bazaar retail store in Mumbai By Aditya Kalra and Abhirup ... Read more »

How to make sure your presents get to the EU in time this Christmas

Photograph: Leszek Czerwonka/Alamy It’s the first post-Brexit Christmas and things have changed, so check costs, restrictions and forms to fill in As Covid restrictions continue, many families with relatives abroad ... Read more »

Europe's Energy Crisis Is About to Get Worse as Winter Arrives

1 / 3Europe’s Energy Crisis Is About to Get Worse as Winter Arrives (Bloomberg) — Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and ... Read more »

Blackstone Among Key Holdouts Snubbing New Club in Big Finance

(Bloomberg) — As the dust settles on the finance industry’s most ambitious climate coalition yet, some of the biggest names on Wall Street have remained conspicuously absent. Most Read from ... Read more »

The 20 best gadgets of 2021

Samsung Galaxy Z Fold 3 and Z Flip 3 £1,599, £799 Cutting-edge tech is often super-expensive, difficult to use and less than slick. Not so for Samsung’s latest folding screen ... Read more »

Pension's two faces: generous to parents, burdensome for children

Senior citizens sit on a bench in a park in Seoul. (The Korea Herald)Lee Hyeong-seok, 75, remembers when the national pension scheme was first introduced back in late 1980s as ... Read more »

Even Macron still hopes Brexit Britain will come to its senses

Photograph: Jessica Taylor/PA ‘Excuse me, sir, but why are you wearing a poppy? Remembrance Day was on Thursday.” The speaker was a Spanish gentlemen. The scene: the breakfast room of ... Read more »

Goodbye to job: how the pandemic changed Americans' attitude to work

One morning in October, Lynn woke up and decided she would quit her job on the spot that day. The decision to quit was the climax of a reckoning that ... Read more »

WARNING: taking 25% pension tax-free cash could cost you EIGHT means-tested benefits

There are strict rules about how and when pension savers can take the “pension commencement lump sum”, to use its official title. Here’s what you need to know – and ... Read more »

Dave Ramsey suggests how man, 55, with no savings can get by in retirement

On a video posted on The Ramsey Show – Highlights YouTube channel in 2020, Dave Ramsey offered guidance to Paul on how he can build wealth for retirement. Paul was ... Read more »

Here's One Way to Save Money When You Return to the Office

Small businesses are always looking for ways to save money. During the Covid-19 pandemic, many businesses have found massive savings by cutting out the office lease. But as things slowly ... Read more »

Easily Find the Apps You Need With Setapp, the Netflix of Mac Apps

Remember when Apple used to proudly advertise, “There’s an app for that”? Well, there’s a reason they don’t do that anymore. We’ve officially reached the point of app overload in ... Read more »

Why Every Entrepreneur Should Study the Austrian School of Economics

Over 50 years ago, economist William Baumol noted that economics was a theory of the economy that left no place for entrepreneurship. Economic models, simply put, were “entrepreneur-less.” Economics is ... Read more »

Google Fined $11.2 Million By Italian Regulator Over Data Use

Google – Alphabet Inc (NASDAQ:GOOGL) – has been fined by Italy’s antitrust regulator over “aggressive practices” linked to user data’s commercial usage. The ruling comes after the General Court of ... Read more »

Visa complains to US govt about India backing for local rival RuPay

Visa Inc has complained to the U.S. government that India’s “informal and formal” promotion of domestic payments rival RuPay hurts the U.S. giant in a key market, memos seen by ... Read more »

Continue Your Professional Development with 10 Courses on Sale for Black Friday

One of the best things that an entrepreneur can do is to commit to learning new things. The world is constantly changing and innovating and it’s up to you to ... Read more »

8 Key Performance Indicators for PR -- What Really Matters?

While PR is not, and will likely never be, an exact science, there are certain metrics commonly used in measuring its results. These key performance indicators (KPIs) are vitally important, ... Read more »

5 Big Mistakes Companies Make When Tackling ESG

From corporate boardrooms to social media, ESG is the matter of the moment. Those who have been around the corporate management block will remember how “sustainability” has shifted from the Triple ... Read more »

Brokerages' Q3 net up 10.5% on increased investment gains

(Photos provided by respective firms)South Korean brokerage firms saw their combined net profits rise 10.5 percent in the third quarter from three months earlier, due to increased income from their ... Read more »

Money saving tips: Britons urged to take 'critical' actions with finances to achieve goals

Saving money can be done in various ways, but it is actually getting started which many people will find difficult. As the cost of living rises, people across the country ... Read more »

How to retire with £500,000 - Pension saving tips from your 20s to your 50s

Most people are well aware of the importance of putting plans in place and saving money towards their pension. However, knowing how much to put away in order to achieve ... Read more »

Britons given gifts warning - start planning or risk 'escalating inheritance tax exposure'

During Rishi Sunak’s most recent Budget, IHT reform was largely left out of the Government’s fiscal plans, which came as a surprise to many. While Mr Sunak resisted the temptation ... Read more »

S. Korea's exports of farm, fishery products top $10b this year

Packaged kimchi is displayed on the shelves of a discount store in Seoul, Oct. 12. (Yonhap)South Korea’s exports of agricultural and fishery goods exceeded the $10 billion mark for the ... Read more »

`It's Not Cristina': Argentina's VP Breaks Silence, Pushes IMF Decision to Congress

(Bloomberg) — Argentina’s Vice President Cristina Fernandez de Kirchner broke her silence on a deal between the country and the International Monetary Fund, saying the approval will be the responsibility ... Read more »

Water profits surge even as leaks and spills wash away public trust

Photograph: Andrew Matthews/PA Pennon’s results may be good next week, but nationalisation ought to be on the cards given the industry’s soiled record The last of Britain’s three FTSE-listed water ... Read more »

Can it ever pay to fix your mortgage for 40 YEARS?

© Provided by This Is Money MailOnline logo A new mortgage that offers borrowers long-term certainty over the size of monthly repayments they will need to make has received a ... Read more »

New mortgage that offers borrowers long-term certainty over size of monthly repayments they will need to make receives mixed reception from experts

© Provided by This Is Money MailOnline logo A new mortgage that offers borrowers long-term certainty over the size of monthly repayments they will need to make has received a ... Read more »

U.S. Jobs Report Expected to Show Another Strong Increase: Eco Week Ahead

1 / 7U.S. Jobs Report Expected to Show Another Strong Increase: Eco Week Ahead (Bloomberg) — U.S. employers probably added more than half a million workers for a second straight ... Read more »

Bond Traders Focus on the Fed's Inflation Fight Even Amid Omicron Fear

(Bloomberg) — Bond investors ended a tumultuous Thanksgiving week with a reminder that Covid, not just the degree of Federal Reserve hawkishness, is still able to stir up markets around ... Read more »

High-Grade Bond Issuers Line Up $35 Billion as Virus Fears Flare

(Bloomberg) — Blue-chip companies are expected to storm primary markets next week before sales taper in a typical December lull even as investors focus on a new coronavirus variant that ... Read more »

HMRC issues post-Brexit warning as Britons may face ‘hidden' buying charges

HM Revenue and Customs as it is formally known, is taking the time to warn shoppers about unexpected charges which could dampen their experience. While Black Friday has now passed, ... Read more »

A safe haven: refugee builders are being helped to a job by one of their own

Hedayat Osyun’s construction company is the kind of social enterprise he would have benefited from when he came to Australia to flee the Taliban Download the free Guardian app; get ... Read more »

Premium Bonds: NS&I explains how to 'increase chances of winning' as December draw looms

Premium Bonds allow the chance for two lucky Britons to be made millionaires each month, alongside a whole host of other winners. While the savings method is 100 percent backed ... Read more »

Biden Says U.S. Gas Prices Will Drop Soon But It'll Take Time

(Bloomberg) — Americans will see prices at the pump fall “before long,” President Joe Biden said after tapping U.S. oil reserves to ease price pressures and risk a feud with ... Read more »

Cyber Monday Sky-Watcher telescope deals: Discounts & what's in stock

Cyber Monday is almost here and when it comes to Cyber Monday Sky-Watcher telescope deals, it’s a case of quality over quantity. Although there aren’t a ton of Sky-Watcher telescope ... Read more »

Northern Ireland is huge in TV, but post-Brexit reality is far less glitzy

Photograph: Adrian Langtry/Rex Northern Ireland faces economic problems similar to those of rest of the UK, with some extras all of its own. Now what it has achieved is threatened ... Read more »

Inheritance tax: Parents to be hit by IHT as families gift early - how to reduce your bill

Inheritance Tax (IHT) is usually paid by the estate of someone who has died and is passing on their assets, so long as the total estate is valued over £325,000. ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic