The Texas Instruments (TXN) Receiving Somewhat Favorable Press Coverage, Report Finds

The Texas Instruments (TXN) Receiving Somewhat Favorable Press Coverage, Report Finds

These are some of the news headlines that may have impacted AlphaOne Sentiment’s analysis:

News stories about Texas Instruments (NASDAQ:TXN) have trended somewhat positive on Monday, according to AlphaOne Sentiment. AlphaOne, a subsidiary of Accern, identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Texas Instruments earned a media sentiment score of 0.14 on AlphaOne’s scale. AlphaOne also assigned headlines about the semiconductor company an impact score of 67 out of 100, indicating that recent media coverage is likely to have an effect on the stock’s share price in the near future.

Shares of Texas Instruments (NASDAQ:TXN) opened at 81.63 on Monday. Texas Instruments has a 52 week low of $58.61 and a 52 week high of $83.24. The firm’s 50-day moving average is $80.36 and its 200 day moving average is $77.28. The company has a market capitalization of $81.33 billion, a PE ratio of 21.72 and a beta of 1.24. Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, April 25th. The semiconductor company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.83 by $0.06. Texas Instruments had a net margin of 25.89% and a return on equity of 32.78%. The firm had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same period last year, the firm earned $0.65 EPS. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. On average, analysts anticipate that Texas Instruments will post $3.93 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, May 15th. Shareholders of record on Monday, May 1st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.45%. The ex-dividend date was Thursday, April 27th. Texas Instruments’s dividend payout ratio is currently 59.35%. Several research firms recently issued reports on TXN. B. Riley reaffirmed a “neutral” rating and issued a $83.00 price objective on shares of Texas Instruments in a research note on Wednesday, April 26th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $84.00 price objective on shares of Texas Instruments in a research note on Monday, April 3rd. Mizuho reissued a “neutral” rating and set a $78.00 target price (up previously from $75.00) on shares of Texas Instruments in a research report on Saturday, April 29th. Bank of America Corp reissued a “buy” rating and set a $92.00 target price on shares of Texas Instruments in a research report on Tuesday, March 14th. Finally, Drexel Hamilton reissued a “buy” rating and set a $93.00 target price on shares of Texas Instruments in a research report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $82.10.

The company also recently announced a quarterly dividend, which was paid on Monday, May 15th. Shareholders of record on Monday, May 1st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.45%. The ex-dividend date was Thursday, April 27th. Texas Instruments’s dividend payout ratio is currently 59.35%. In other Texas Instruments news, insider Kevin P. March sold 150,000 shares of the firm’s stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $80.74, for a total value of $12,111,000.00. Following the transaction, the insider now directly owns 448,663 shares of the company’s stock, valued at approximately $36,225,050.62. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Niels Anderskouv sold 134,360 shares of the firm’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $80.42, for a total transaction of $10,805,231.20. Following the completion of the transaction, the insider now directly owns 132,079 shares in the company, valued at $10,621,793.18. The disclosure for this sale can be found here. Over the last three months, insiders sold 323,780 shares of company stock worth $26,093,457. Insiders own 1.02% of the company’s stock.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:TXN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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