Texas Instruments (NASDAQ:TXN) Given New $192.00 Price Target at Stifel Nicolaus

Texas Instruments (NASDAQ:TXN - Get Free Report) had its price objective increased by research analysts at Stifel Nicolaus from $160.00 to $192.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a "hold" rating on the semiconductor company's stock. Stifel Nicolaus' target price suggests a potential downside of 11.43% from the stock's previous close.

Other research analysts have also issued reports about the stock. TD Securities reissued a "hold" rating and set a $160.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $216.00 price target on shares of Texas Instruments in a report on Thursday, April 24th. Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a research note on Wednesday, April 30th. Cantor Fitzgerald dropped their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. Finally, DZ Bank upgraded shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 target price on the stock in a report on Friday, April 25th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Texas Instruments currently has a consensus rating of "Hold" and a consensus price target of $204.87.

Texas Instruments Trading Up 0.1%

NASDAQ:TXN traded up $0.18 during trading hours on Friday, reaching $216.77. 781,830 shares of the company were exchanged, compared to its average volume of 6,441,895. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The firm has a market cap of $196.93 billion, a price-to-earnings ratio of 41.09, a PEG ratio of 3.53 and a beta of 1.03. Texas Instruments has a 52-week low of $139.95 and a 52-week high of $221.69. The stock has a 50 day simple moving average of $198.46 and a 200 day simple moving average of $185.06.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. Texas Instruments's revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.10 earnings per share. As a group, analysts predict that Texas Instruments will post 5.35 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Summit Securities Group LLC acquired a new position in Texas Instruments during the fourth quarter worth about $27,000. Cloud Capital Management LLC bought a new stake in Texas Instruments in the first quarter valued at approximately $28,000. Copia Wealth Management bought a new stake in Texas Instruments in the fourth quarter valued at approximately $30,000. Dagco Inc. bought a new position in shares of Texas Instruments during the 1st quarter worth approximately $32,000. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in shares of Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after buying an additional 75 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

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