DZ Bank Reiterates Sell Rating for Texas Instruments (NASDAQ:TXN)

Texas Instruments (NASDAQ:TXN - Get Free Report)'s stock had its "sell" rating restated by stock analysts at DZ Bank in a report issued on Wednesday, Marketbeat.com reports. They currently have a $158.00 price objective on the semiconductor company's stock. DZ Bank's target price points to a potential downside of 14.24% from the stock's current price.

A number of other equities research analysts also recently issued reports on the stock. Barclays downgraded shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price objective for the stock from $180.00 to $125.00 in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. increased their price objective on shares of Texas Instruments from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday. Stifel Nicolaus increased their price objective on shares of Texas Instruments from $160.00 to $192.00 and gave the stock a "hold" rating in a research note on Friday, July 18th. Benchmark increased their price objective on shares of Texas Instruments from $200.00 to $220.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, TD Cowen reduced their price objective on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $211.40.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded down $1.45 on Wednesday, hitting $184.24. The company had a trading volume of 1,637,090 shares, compared to its average volume of 7,347,859. Texas Instruments has a 1-year low of $139.95 and a 1-year high of $221.69. The stock has a market cap of $167.38 billion, a price-to-earnings ratio of 33.74, a P/E/G ratio of 3.01 and a beta of 1.03. The stock has a 50 day moving average price of $200.37 and a 200 day moving average price of $185.56. The company has a current ratio of 5.81, a quick ratio of 3.37 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the previous year, the company earned $1.17 earnings per share. The company's quarterly revenue was up 16.4% on a year-over-year basis. Analysts expect that Texas Instruments will post 5.35 EPS for the current year.

Institutional Trading of Texas Instruments

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Summit Securities Group LLC acquired a new stake in Texas Instruments during the 4th quarter valued at approximately $27,000. Cloud Capital Management LLC acquired a new stake in Texas Instruments during the 1st quarter valued at approximately $28,000. Copia Wealth Management acquired a new stake in Texas Instruments during the 4th quarter valued at approximately $30,000. Dagco Inc. acquired a new stake in Texas Instruments during the 1st quarter valued at approximately $32,000. Finally, CBIZ Investment Advisory Services LLC increased its position in Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 75 shares during the period. 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.