Texas Instruments Inc. NASDAQ: TXN układy scalone, półprzewodniki

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Texas Instruments Inc. (NYSE: TXN) was raised to Buy from Hold at Summit Insights. The venerable chip maker has traded in a 52-week range of $93.09 to $175.47, and it has a consensus price target of $165.74. The closing price on Tuesday was $171.47. Shares were down almost 3% in premarket action.

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Latest Release
Jul 21, 2021

EPS / Forecast
2.05 / 1.83

Revenue / Forecast
4.58B / 4.35B

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Texas Instruments hikes dividend by 12.7%

Texas Instruments Incorporated (TXN) will raise its quarterly dividend by 12.7 percent to $1.15 per share in 2021. This follows a dividend hike of 13.3 percent in 2020 and marks the 18th consecutive year of dividend increases in a row by TXN.

https://dividendhike.com/news/2021/09/1 ... idend-127/

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Latest Release
Oct 26, 2021

EPS / Forecast
2.07 / 2.05

Revenue / Forecast
4.64B / 4.66B

Texas Instruments Trades Lower Amidst Supply Chain Worries

Investing.com -- Texas Instruments Incorporated (NASDAQ:TXN) sold off 6% in early Wednesday trading as markets appear disappointed with the company’s sales numbers and concerned over the outlook.

The company reported Q3 earnings of $2.07/share, slightly ahead of estimates for $2.05, with revenue just behind at $4.64B vs. $4.66B. More alarming may have been Q4 guidance, which had a revenue range of $4.22B to $4.58B, a midpoint of $4.4B vs. expectations of $4.45B.

Texas Instruments is a leading analog semiconductor company, which makes it a key piece in the supply chain challenges of this late-pandemic period. The company spoke on its earnings call about preparing for customers to overbuild and of more select expedited requests from customers, as shortages elsewhere limit their shopping lists.

The company also spoke of increasing their proportion of in-house production to have more control over the supply chain dynamics, with an aim of increasing from their current in-house production level of 80%, which could mean meaningful cap-ex in the future.

Even amidst the sell-off, shares are up 25% year to date, and the company increased its dividend 13% for Q4. The company will go ex-dividend on Friday of this week.

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Investing.com - Texas Instruments (NASDAQ:TXN) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Texas Instruments announced earnings per share of $2.33 on revenue of $4.91B. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $4.74B.

Texas Instruments shares are down 10% from the beginning of the year, still down 16.72% from its 52 week high of $202.26 set on October 25, 2021. They are outperforming the Nasdaq 100 which is down 20.28% from the start of the year.

Texas Instruments shares lost 8.57% in after-hours trade following the report.

Texas Instruments follows other major Information Technology sector earnings this month
Texas Instruments's report follows an earnings beat by Taiwan Semiconductor on April 14, who reported EPS of $1.35 on revenue of $16.94B, compared to forecasts EPS of $1.27 on revenue of $16.73B.

ASML ADR had missed expectations on April 20 with first quarter EPS of $1.88 on revenue of $3.84B, compared to forecast for EPS of $1.94 on revenue of $3.86B.

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On September 15, 2022, Texas Instruments Incorporated (TXN) announced that it will raise its quarterly dividend by 7.8 percent to $1.24 per share. This marks 19 consecutive years of dividend growth by the semiconductor company and follows a dividend hike of 12.7 percent to $1.15 per share in 2021.

The higher TXN dividend will be payable November 15, 2022, to stockholders of record on October 31, 2022, contingent upon formal declaration by the board of directors at its regular meeting in October. The board of directors also authorized the company to repurchase an additional $15 billion of its common stock over time. This is in addition to approximately $8.2 billion of previously authorized repurchases that remained at the end of June 2022.

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Investing.com - Texas Instruments (NASDAQ:TXN) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Texas Instruments announced earnings per share of $2.45 on revenue of $5.24. Analysts polled by Investing.com anticipated EPS of $2.39 on revenue of $5.14B.

Texas Instruments shares are down 13% from the beginning of the year, still down 19.83% from its 52 week high of $202.26 set on October 25, 2021.

Texas Instruments shares lost 4.42% in after-hours trade following the report.

Texas Instruments follows other major Information Technology sector earnings this month
Texas Instruments's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.

Taiwan Semiconductor had beat expectations on October 13 with third quarter EPS of $1.79 on revenue of $20.23B, compared to forecast for EPS of $1.65 on revenue of $19.44B.

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Texas Instruments (NASDAQ:TXN) stock fell pre 5.9% after the chipmaker forecast fourth quarter revenue and profit below estimates as it expects demand across most of its end markets to decline.

Latest Release
Oct 25, 2022

EPS / Forecast
2.45 / 2.39

Revenue / Forecast
5.24B / 5.14B

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Investing.com -- Texas Instruments Incorporated (NASDAQ:TXN) is ushering in a new CEO amid a significant correction in the semiconductor industry, and handing the reins to the 24-year company veteran may help smooth the transition, according to analysts at Stifel.

Late Thursday, Texas Instruments said President and CEO Rich Templeton will transition out of both roles over the next two months, to be succeeded by Haviv Ilan, the current executive vice president and chief operating officer.

The move is part of a carefully constructed succession plan, Stifel said in a note on Friday. The analysts kept their hold rating on the stock, with a $165 12-month price target. That implies a 4% drop from current levels. The stock was up 0.7% to near $172 in afternoon trading and up 4% so far this year.

Templeton, who has been CEO since 2004 with a brief time away from the job in 2018, isn’t leaving entirely. He remains as board chairman, a position he has held since 2008.

Stifel credited Templeton for overseeing impressive top-line revenue growth, saying he played a critical role in “defining the company’s strategic transformation and financial discipline over the past two decades.”

They also said Ilan is a strong leader with considerable experience at the company, which he joined in 1999.

The chip industry has been in a slump after a post-pandemic glut of chips and waning consumer demand for the products that contain them, but it is also investing heavily in building new factories and adding production. The U.S. government is encouraging this by making $50 billion available to build the U.S.’s chip-producing capacity.

Stifel said in its note that Texas Instruments could potentially be early to see an eventual upturn, "something TI is already planning for by rebuilding its depleted inventory levels."

“Ilan will be taking the helm during the current industry wide semis correction,” the Stifel analysts said in their note. “A leadership team with disciplined focus will be crucial to ensure TXN can maintain its best-in-class capital management strategy.”

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Latest Release
Jan 24, 2023

EPS / Forecast
2.02 / 2

Revenue / Forecast
4.67B / 4.65B

Texas Instruments (NASDAQ:TXN) reported its Q4 results, with EPS of $2.02, ex-items, coming in better than the consensus estimate of $2.00.

Revenue declined 3% year-over-year to $4.67 billion, compared to the consensus estimate of $4.65B, reflecting weaker demand in all end markets with the exception of automotive.

"Free cash flow for the year was $5.9B and 30% of revenue. This reflects the quality of our product portfolio, as well as the efficiency of our manufacturing strategy, including the benefit of 300-mm production,” said Rich Templeton, the company’s chairman, president and CEO.

The company expects Q1/23 EPS to be in the range of $1.64-$1.90, compared to the consensus of $1.87, and revenue in the range of $4.17-4.53B, compared to the consensus of $4.41B.

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Latest Release
Apr 25, 2023

EPS / Forecast
1.85 / 1.77

Revenue / Forecast
4.38B / 4.37B

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Texas Instruments Q1 results top estimates despite softer chip demand

Investing.com -- Texas Instruments (NASDAQ:TXN) reported Tuesday first-quarter results that topped analysts' expectations, and the chipmaker delivered current-quarter guidance that met estimates despite a weaker backdrop for chip demand.

Texas Instruments shares fell 1% in after-hours trade following the report.

Texas Instruments announced earnings per share of $1.85 on revenue of $4.38 billion. Analysts polled by Investing.com anticipated EPS of $1.77 on revenue of $4.37B.

Analog revenue, which makes up the bulk of overall revenue, decreased 14% year-on-year in the quarter, while embedded processing gained 6%.

"During the quarter we experienced weakness across our end markets with the exception of automotive, as expected," the company said.

Looking ahead, Texas Instruments guided second-quarter EPS in the range of $1.62 per share to $1.88 per share, and revenue between $4.17B and $4.53B. That compared with estimates for earnings of $1.83 a share on revenue of $4.44B.

https://www.investing.com/news/stock-ma ... nd-3064327

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Investing.com - Texas Instruments (NASDAQ: TXN) reported second quarter EPS of $1.87, $0.11 better than the analyst estimate of $1.76. Revenue for the quarter came in at $4.53B versus the consensus estimate of $4.37B.

Guidance
Texas Instruments sees Q3 2023 EPS of $1.68-$1.92 versus the analyst consensus of $1.91.

Texas Instruments sees Q3 2023 revenue of $4.36B-$4.74B versus the analyst consensus of $4.60B.

Texas Instruments's stock price closed at $186.08. It is up 11.29% in the last 3 months and up 15.69% in the last 12 months.

Texas Instruments saw 1 positive EPS revisions and 12 negative EPS revisions in the last 90 days. See Texas Instruments's stock price’s past reactions to earnings here.

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MANILA (Reuters) - Analog chipmaker Texas Instruments (NASDAQ:TXN) is planning to invest up to $1 billion to expand its Philippine facilities, the Southeast Asian nation's presidential communications office said on Thursday.

Texas Instruments is set to submit in two weeks an application covering the expansion of its sites north of the capital Manila, the presidential office said.

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Texas Instruments spada po obniżeniu ratingu Bernsteina
Texas Instruments (NASDAQ:TXN) akcje spadły dziś o ponad 2% przed wprowadzeniem na rynek po tym, jak Bernstein obniżył rating spółki do Underperformance z Market Perform z ceną docelową 145,00 USD.

Mamy najwyższy szacunek dla Texas Instruments, który był głośny i w 100% przejrzysty w kwestii swoich planów inwestycyjnych i zapasów w przyszłości, ponieważ strukturalnie zwiększają wydatki na budowanie zdolności do wspierania wzrostu przychodów w ciągu najbliższych 10-15 lat, Jednak modele Street nadal nie wydają się uwzględniać konsekwencji planów TXN, a oczekiwania dotyczące marży brutto wydają nam się zbyt wysokie.

Bernstein przewiduje spadek marży brutto do około 60% lub nawet niżej, znacznie poniżej obecnych szacunków. Firma wskazała również, że szacunki przychodów za IV kwartał są zbyt optymistyczne, co prowadzi do potencjalnego ryzyka wykraczającego poza trajektorię marży brutto.

To, w połączeniu z już wysoką wyceną i znaczną luką między zyskami a wolnymi przepływami pieniężnymi, prowadzi firmę do przekonania, że Texas Instruments jest przygotowany na strukturalne gorsze wyniki w miarę wdrażania długoterminowej strategii.