Texas Instruments Stock Drops 0.64% to $173.70 on Poor Trading Day
July 13, 2023
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Texas Instruments ($NASDAQ:TXN) Inc. (TI) is a renowned American technology company that designs and manufactures semiconductors and other electronic components for markets like industrial, automotive and consumer electronics. On Friday, the stock market experienced an overall weak performance, causing Texas Instruments Inc.’s shares to decrease by 0.64%, settling at $173.70. This drop in the stock price was mainly due to the rise of the U.S. dollar and a decline in demand for its products. Despite this poor trading day, many analysts remain optimistic about the company’s future prospects, citing its strong financials and well-diversified product portfolio.
Analysis
At GoodWhale, we recently conducted an analysis of Texas Instruments’ wellbeing in order to evaluate the potential risk associated with investing in the company. We are pleased to report that, after taking into account financial and business aspects, we have rated Texas Instruments as a low-risk investment. In our analysis, we detected a few risk warnings present in the company’s income sheet and balance sheet. For more information about our findings, we invite you to register with us and check it out! GoodWhale strives to provide the most accurate and up-to-date analysis of companies to ensure that investors make informed decisions when it comes to investing their money. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Texas Instruments. More…
| Total Revenues | Net Income | Net Margin |
| 19.5k | 8.22k | 43.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Texas Instruments. More…
| Operations | Investing | Financing |
| 7.74k | -1.89k | -4.88k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Texas Instruments. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 29.22k | 13.98k | 16.8 |
Key Ratios Snapshot
Some of the financial key ratios for Texas Instruments are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.4% | 18.6% | 49.6% |
| FCF Margin | ROE | ROA |
| 22.6% | 40.6% | 20.7% |
Peers
Texas Instruments Inc is one of the leading semiconductor companies in the world. Its competitors include SK Hynix Inc, Silergy Corp, and SPEL Semiconductor Ltd. Texas Instruments has a wide range of semiconductor products that are used in a variety of electronic devices.
– SK Hynix Inc ($KOSE:000660)
SK Hynix Inc is a South Korean company that manufactures and markets semiconductor memory products. The company has a market capitalization of $63.88 trillion as of 2022 and a return on equity of 15.68%. SK Hynix is the world’s second-largest manufacturer of dynamic random-access memory (DRAM) chips and the fifth-largest manufacturer of NAND flash memory chips. The company’s products are used in a variety of electronic devices, including computers, mobile phones, digital cameras, and game consoles.
– Silergy Corp ($TWSE:6415)
Silergy Corp is a global leader in the development and manufacture of high-performance, energy-efficient semiconductor solutions. The company’s products are used in a variety of applications, including mobile devices, computing, networking, and storage. Silergy Corp has a market cap of 159.26B as of 2022, a Return on Equity of 18.65%. The company’s products are used in a variety of applications, including mobile devices, computing, networking, and storage.
– SPEL Semiconductor Ltd ($BSE:517166)
SPEL Semiconductor Ltd is a fabless semiconductor company that designs, develops, and markets analog and mixed-signal integrated circuits (ICs) for a range of applications in the automotive, industrial, consumer, and computing markets. The company has a market cap of 2.66B as of 2022 and a Return on Equity of -6.07%. SPEL’s products include power management ICs, audio ICs, motor control ICs, and LED driver ICs. The company was founded in 1995 and is headquartered in Noida, India.
Summary
Texas Instruments Inc (TEX) stocks experienced a slight dip by 0.64% to $173.70 on Friday. Despite the overall poor trading session of the stock market, investors remain optimistic on TEX stocks as the stock price still shows an upward trend. Analysts point out that TEX stocks have seen consistent growth over the past couple of months, making it an attractive investment option. With a relatively low PE ratio and a strong balance sheet, TEX stocks are projected to continue gaining traction and offer good returns for investors in the near future.
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