|Bid||190.41 x 800|
|Ask||190.71 x 1300|
|Day's Range||190.41 - 193.60|
|52 Week Range||127.68 - 197.58|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||28.88|
|Earnings Date||Oct 18, 2021 - Oct 22, 2021|
|Forward Dividend & Yield||4.08 (2.20%)|
|Ex-Dividend Date||Jul 23, 2021|
|1y Target Est||200.84|
Stellar earnings are propelling chip makers' shares, which trade cheaply compared with the broader stock market.
Trading volumes indicate that traders have been buying calls and selling puts in anticipation of a positive earnings report.
After Texas Instruments Incorporated (TXN) reported that the company had beaten estimates for its second quarter earnings results, option traders are taking actions that imply they think the share price will drift higher in the future. This may come as a surprise considering that the TXN share price fell 5.3% the day after the report was announced. Texas Instruments reported earnings per share (EPS) of $2.05 and revenues of $4.58 billion, exceeding analysts' predictions calling for EPS of $1.83 and revenue of $4.47 billion.