109.79 +1.30 (1.20%)
After hours: 7:56PM EDT
|Bid||109.73 x 1200|
|Ask||109.80 x 3000|
|Day's Range||107.80 - 108.98|
|52 Week Range||85.67 - 120.75|
|PE Ratio (TTM)||24.96|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||2.48 (2.35%)|
|1y Target Est||124.70|
Micron Technology MU shares rose more than 4 percent in after-hours trading following the release of its fourth-quarter earnings report, before paring its gains and falling 3 percent from the closing price. Revenue also beat expectations, with the company reporting $8.44 billion compared to the $8.25 billion analysts estimated. The stock turned lower after the company gave weak future guidance for revenue and earnings per share compared to what analysts had estimated.
Texas Instruments Inc. said late Thursday it will raise its dividend by 24% to 77 cents a share, from 62 cents a share, or $3.08 a share annualized. The dividend is payable Nov. 19 to shareholders of record on Oct. 31. Texas Instruments' board also authorized the company to buy back an additional $12 billion worth of shares. That is in addition to about $7.4 billion of a previously authorized repurchase program that remained as of the end of June. Texas Instruments shares rose 2% in the extended session Thursday after ending the regular trading day up 1%.
DALLAS, Sept. 20, 2018 /PRNewswire/ -- Texas Instruments Incorporated (TI) (TXN) today said it will raise its quarterly cash dividend by 24 percent, from $0.62 per share to $0.77, or $3.08 annualized. Dividend increases and share repurchases are integral pieces of TI's capital management strategy, reflecting the company's continued strength in free cash flow generation and its commitment to return excess cash to stockholders. In the 12-month period ending June 2018, TI has paid 41 percent of its free cash flow in dividends.
The Zacks Analyst Blog Highlights: Walmart, IBM, Texas Instruments, Wells Fargo and Lockheed Martin
TI controllers enable higher power in dual- and single-port applications DALLAS , Sept. 18, 2018 /PRNewswire/ -- Texas Instruments (TI) (NASDAQ: TXN) today introduced two new USB Type-C™ and USB Power ...
The Dallas area is getting more money for engineering research after Rich and Mary Templeton committed $5 million to a Southern Methodist University school. The CEO of Texas Instruments (Nasdaq: TXN) and his wife are bolstering research at SMU’s Lyle School of Engineering with one of its largest gifts ever. “This investment in research is critical to strengthening SMU’s academic quality and attracting top graduate students who will seek solutions to some of the world’s most stubborn problems,” SMU President Gerald Turner said in a statement Friday announcing the gift.
In most cases, a great breakout by a leading stock is going to see a surge in trading volume on the day that it rises past the proper buy point. Case in point: Texas Instruments on Sept. 15, 2017.
While it’s too early to tell for sure, there’s already speculation about which Apple suppliers have maintained their valuable positions in the firm’s new lineup of products.
Hurricanes almost always set off an orchestrated dance on Wall Street before they make landfall, with shares of property and casualty insurance companies dumped in favor of companies that sell construction supplies or portable generators. The last time a hurricane of this size struck the middle of the East Coast, Texas Instruments had just introduced the first transistor radio. Karen Clark & Co., which produces models for catastrophes, said that if 1989's Hurricane Hugo had hit South Carolina in 2012, just 23 years later, insurance losses would have more than doubled to $10 billion when development and inflation are factored in.
Semi-conductor giant Broadcom (AVGO) has been posting stable revenues since it operates in the communications infrastructure segment where exposure is high in the wired business. In fiscal Q3 2018, it achieved quarterly revenue of ~$5.06 billion, up 13.5% YoY (year-over-year) from $4.46 billion and ~1% sequentially.
Sen. Ted Cruz, the oft-mocked Texas senator who is facing a tough re-election battle, warned over the weekend that liberals are trying to turn Texas into California.
Despite the recent beating, the global semiconductor sales reached $39.5 billion in July, up 17.4% year over year, per the Semiconductor Industry Association.
Broadcom’s (AVGO) stock price declined after the company announced its acquisition of CA Technologies (CA) in July. A lower stock price and strong fundamentals make Broadcom an attractive option for long-term investors who look at a stock’s fundamental valuation. A stock’s valuation is determined by measuring the stock’s current trading price against its fundamentals such as revenues and EPS. Although AVGO is expected to complete the sale of CA Technologies by the end of 2018, analysts haven’t added the incremental sales from this merger to their sales estimates.
Broadcom (AVGO) has been acquiring underperforming semiconductor companies and turning them around through heavy cost-cutting and effective integration. This strategy helped the company improve its overall efficiency ratio. A company’s efficiency ratio shows the returns the management delivers from investments—in Broadcom’s case, from M&As (mergers and acquisitions).
After several months of volatility, tech-heavy indexes are back near their all-time highs, and bullish investors look ready to push things even higher. The world’s tech leaders have dominated Wall Street over the past two years, and now, investors might have a fresh chance to buy these red-hot stocks as they look to establish a new range. Of course, this year’s volatility has made some investors hesitant, with bearish traders quick to draw similarities between this latest tech rally and the infamous dot-com bubble of the late 90s and early 2000s.
In the previous part of the series, we saw that Broadcom’s (AVGO) revenue is more or less stable, and the seasonality that it sees is in fiscal Q4 and Q1 when orders from Apple (AAPL) for iPhone components increase. During this time, Broadcom’s gross margin also increases. For fiscal Q3 2018, Broadcom expects its gross margin to remain sequentially flat at 66.5% as the product mix is expected to be skewed towards high-margin data center products.
Broadcom (AVGO) operates in the communications infrastructure segment. Its high exposure in the wired segment keeps its revenue stable, whereas its exposure in the wireless segment brings some seasonality to its Q1 and Q4 revenue. In fiscal 2018, Broadcom achieved quarterly revenue of over $5 billion.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Texas Instruments (TXN) have what it takes? Let's find out.