Texas Instruments Incorporated (NASDAQ:TXN) most recently reported quarterly actual earnings per share of $0.76 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.72. The difference between the estimate and the actual EPS was $0.04 creating a surprise factor of 5.56%. Currently, the company has an impact score of 90. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.08. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $69.8 on the shares. The most bullish brokerage firm has a $82 target, while the most bearish sees the stock headed towards $40. This is according to the 20 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.61. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 20 recommendations taking into account in order to arrive at this number. Of the 20, 5 have a Strong Buy rating and 2 are rating it a Buy.
Texas Instruments Inc. (TI) designs and makes semiconductors that the Company sells to electronics designers and manufacturers all over the world. The Company has four segments: Analog, Embedded Processing, Wireless and Other. The Company’s products, more than 100,000 orderable parts, are integrated circuits that are used to accomplish many different things, such as converting and amplifying signals, interfacing with other devices, managing and distributing power, processing data, canceling noise and improving signal resolution. The Company sells catalog and, to a lesser extent, custom semiconductor products. The life cycles of catalog products generally span multiple years, with some products continuing to sell for decades after their initial release. The life cycles of custom products are generally determined by end-equipment upgrade cycles and can be as short as 12 to 24 months. In December 2013, TI acquired a building in the Chengdu Hi-Tech Zone from UTAC Chengdu Ltd.
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