Texas Instruments Incorporated (NASDAQ:TXN) stock is currently pricing at roughly $79.25. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 31 analysts covering the company at $85.00. That suggests shares of the stock may have another 7 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $95.00, which would imply another 80 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 11 “Buy” ratings in place. At the same time, 6 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 18 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Macquarie took a look at TXN shares in a research note released on Mar 31, 2017, and issued a Neutral rating to this company. Credit Suisse analysts provided their own take on company recently as well. In a research note published on Jan 09, 2017,the house assigned a Outperform rating to this stock. According to a piece that hit the wires on Sep 13, 2016, researchers at Bernstein reconsidered their prior rating on the stock, and upped it from Mkt Perform Perform to Outperform.
Texas Instruments Incorporated (TXN) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 0.50 percent of the stock.
If we take a more granular look, Richard K. Templeton is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 946,831 shares, representing a total current market value of roughly $75036356.75. Kevin P. March is another major player among company insiders, currently holding 298,586 shares as of less than 0.1%, carrying a current market value of $23662940.5. Michael J. Hames is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 253,130 shares, valued at around $20060552.5 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-04-27, the company’s Director PATSLEY PAMELA H sold 7,000 company shares for 563850. That means, once accounting for this transaction, the Director is left with a stake of 28,296 shares, carrying a current total market value of $2242458. In addition, by means of a transaction dated 2017-04-27, Sr. Vice President & CFO MARCH KEVIN P sold 150,000 shares worth $12111000. After that transaction, this investor is left with a total holding of 320,781 shares, representing a total investment value of $25421894.25. We also noted a 2017-04-27 transaction in which TXN Sr. Vice President Van Haren Julie sold 17,128 shares at a stock price of $80.84, carrying a total value of $1384630, after which, this insider’s investment stands at 24,743 shares, with an overall financial value of $1960883.
Texas Instruments Incorporated (NASDAQ:TXN) Earnings View
In the company’s last quarter, TXN EPS moved to $0.85 from $0.87 compared sequentially with the prior quarter. Revenues for the company came in at $3.4BM. This stacks up against $3.41BM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $0.83 per share on $3.3BM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $0.89 to $1.01. On a year-over-year basis, that compares with an EPS comp of $0.76.