|Bid||0.00 x 900|
|Ask||118.72 x 800|
|Day's Range||115.51 - 117.61|
|52 Week Range||93.09 - 135.70|
|Beta (5Y Monthly)||1.15|
|PE Ratio (TTM)||22.18|
|Earnings Date||Jul 21, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||3.60 (3.11%)|
|Ex-Dividend Date||May 01, 2020|
|1y Target Est||117.68|
Texas Instruments Incorporated (TI) (Nasdaq: TXN) Senior Vice President and Chief Financial Officer Rafael Lizardi will speak at the 48th Annual J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 13, at 11:50 a.m. Eastern time. Lizardi will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for growth.
U.S. stocks advanced for the first time in three days Wednesday, with the Dow closing up 450 points, amid signs of oil market stability and expectations for Congress to roll out another stimulus package.
Revenue and profit estimates for the semiconductor industry continue to ratchet lower, amid a range of both supply-chain and demand issues.
Semiconductor giant Texas Instruments is asking employees who can work from home to do so. The Dallas chip manufacturer said the changes are being made after guidance from global health organizations suggested the best way to contain the spread of the coronavirus is to limit human interaction, a spokesperson said in an emailed statement. “At TI, our employees’ health and well-being is our top priority," the spokesperson said.
(Bloomberg) -- Texas Instruments Inc. gave a quarterly sales and profit forecast that was in line with estimates, indicating that demand from electronics makers is poised to improve amid progress resolving the China-U.S. trade dispute.First-quarter earnings will be 96 cents a share to $1.14 a share, on revenue of $3.12 billion to $3.38 billion, the Dallas-based company said Wednesday in a statement. On average, analysts predicted profit of $1.04 a share and sales of $3.2 billion, according to data compiled by Bloomberg.Texas Instruments has the biggest customer list and widest product range in the semiconductor industry, making its earnings an indicator of demand across the economy. The company has told investors the electronics business is in the middle of a typical cyclical decline after companies ordered too many parts last year. Such gluts typically last five quarters. In Wednesday’s report, which also included fourth-quarter results, Texas Instruments posted its fifth consecutive period of year-over-year revenue declines.“Most markets showed signs of stabilizing,” the company said in the statement.The company’s forecast for the first quarter was held back by the outlook for the communications equipment industry, which is “going down hard,” Chief Financial Officer Rafael Lizardi said during a conference call. Texas Instruments’ key industrial and automotive markets are close to returning to growth, he said.Shares fell about 1% in extended trading after closing at $133.34 in New York. Despite the revenue declines, the stock has posted a 38% gain in the past 12 months.Three months ago, Texas Instruments said that the U.S. trade dispute with China, the world’s largest market for semiconductors, was adding to customer caution. Since then the countries have signed the first part of what’s promised to be a comprehensive set of trade agreements.Like other chipmakers, the company has raised to the U.S. government the risks to the industry from the trade fight with China and the action taken against Huawei Technologies Co., the Chinese telecommunications equipment giant. The Trump administration has barred U.S. companies from doing business in many cases with Huawei, citing national security concerns.Texas Instruments generated 3% to 4% of its annual revenue in 2019 and 2018 from Huawei, one of the biggest buyers of semiconductors, the company said.On Wednesday, Texas Instruments reported fourth-quarter net income fell to $1.07 billion, or $1.12 per share, from $1.24 billion, or $1.27, in the same period a year earlier. Revenue dropped almost 10% to $3.35 billion. Analysts had estimated a profit of $1.01 a share on sales of $3.21 billion.The company’s chips perform basic functions in everything from factory machinery to mobile phones. Texas Instruments gets the biggest portion of its revenue from the industrial market and is also a major supplier to automakers and telecommunications equipment producers.(Updates with comment from CFO in the fifth paragraph.)To contact the reporter on this story: Ian King in San Francisco at email@example.comTo contact the editors responsible for this story: Jillian Ward at firstname.lastname@example.org, Andrew PollackFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Texas Instruments Inc. has broken out on the upside ahead of the release of its earnings numbers this week. Let's check out the charts and indicators to see if we can calculate some price targets.
Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs. The S&P 500 has gotten off to a strong start in January, up 3% so far this year, fueled by a truce in the U.S.-China trade war, low interest rates and signs the economy remains healthy. Analysts on average expect reports to show S&P 500 earnings per share fell 0.8% in the fourth quarter, with technology earnings seen up 0.6%, according to IBES data from Refinitiv.
Texas Instruments' (TXN) Q4 performance may have been affected by weakness in overall demand, and increased competition in the auto and industrial space.
Texas Instruments Incorporated (NASDAQ:TXN) saw significant share price movement during recent months on the NASDAQGS...
Though major chip suppliers shared both good and bad news in October, on the whole the positives outweighed the negatives.
Texas Instruments is helping North Texas' engineering talent pool with a gift to a university the company’s founders started. The semiconductor company is giving $5 million to the University of Texas at Dallas to create an endowment supporting early career faculty members in the Department of Electrical and Computer Engineering, according to a statement Tuesday. This stands as the largest single commitment to UT Dallas made by TI, the university’s longest supporter.
Weakness in the components industry due to macroeconomic headwinds affects Avnet's (AVT) fiscal first-quarter results. However, cost-saving efforts are a positive.
Texas Instruments reported third-quarter revenue, earnings per share and gross margin of $3.8 billion, $1.49 and 64.9%, respectively, broadly in-line with consensus expectations. Mizuho maintained a Neutral rating on Texas Instruments and lowered the price target from $116 to $113. Texas Instruments guided to revenue of $3.2 billion and earnings of $1 per share for the December quarter, representing a 15% sequential decline.