From MarketBeat:

Texas Instruments issued lower-than-expected earnings guidance, with earnings per share projected at $0.96-1.16 for the quarter, falling below the consensus estimate of $1.40. Revenue guidance was also lower than expected, with the company projecting $3.45-3.75 billion, compared to the consensus estimate of $4.05 billion. The stock appears to have dropped 0.3% in reaction to this news. Trading volume was 8,889,948 shares on Tuesday, average volume is 6,124,571. Instruments’s stock has a market cap of $158.34 billion, a PE ratio of 22.71, a PEG ratio of 2.95 and a beta of 1.04.

In its last earnings report in October 2021, Texas Instruments reported earnings per share of $1.80, missing the consensus estimate of $1.81 by ($0.01). It had a net margin of 39.21% and a return on equity of 45.23%. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.57 billion. The firm expects to post 6.99 EPS for the current fiscal year.

A spokesperson for Texas Instruments declared a quarterly dividend, which will be paid on Tuesday, February 13th. The company will issue a $1.30 dividend to investors of record on Wednesday, January 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.98%. Texas Instruments’s payout ratio is 67.53%.

Multiple equities analysts have weighed in on TXN shares. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, and seven have issued a buy rating to the stock. Presently, Texas Instruments has an average rating of Hold and an average price target of $175.05. This is in line with the company’s current position of Hold according to top-rated analysts.

An institutional investor has recently bought 83.37% of the stock. This includes an increase in holdings by 74.3% during the fourth quarter. On the actual page, the only part of the media that is financial data is “…narrative science technology and financial data.” and “This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].” There is nothing about the news, just subscribed content, which is a demonstration that this press release is a promotional article as from this segment it does not give any information, just recommendations and how to subscribe or receive newsletters or be in contact with the company.

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements across various voltage levels.



Read more: Texas Instruments (NASDAQ:TXN) Issues Q1 Earnings Guidance