Texas Instruments (TXN) Beats Stock Market Upswing: What Investors Need to Know

Texas Instruments (TXN) closed the latest trading day at $191.09, indicating a +0.49% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.16%. Elsewhere, the Dow gained 0.86%, while the tech-heavy Nasdaq lost 0.38%.Prior to today's trading, shares of the chipmaker had lost 0.75% over the past month. This has was narrower than the Computer and Technology sector's loss of 1.29% and the S&P 500's loss of 2.2% in that time.Analysts and investors alike will be keeping a close eye on the performance of Texas Instruments in its upcoming earnings disclosure. The company's earnings report is set to go public on January 23, 2025. The company's upcoming EPS is projected at $1.19, signifying a 20.13% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $3.86 billion, down 5.38% from the prior-year quarter.Investors should also take note of any recent adjustments to analyst estimates for Texas Instruments. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.01% lower. As of now, Texas Instruments holds a Zacks Rank of #4 (Sell).Investors should also note Texas Instruments's current valuation metrics, including its Forward P/E ratio of 33.24. This denotes a premium relative to the industry's average Forward P/E of 23.93.It is also worth noting that TXN currently has a PEG ratio of 3.69. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Semiconductor - General stocks are, on average, holding a PEG ratio of 3.05 based on yesterday's closing prices.The Semiconductor - General industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 159, placing it within the bottom 37% of over 250 industries.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Texas Instruments Incorporated (TXN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks