Texas Instruments (TXN) Laps the Stock Market: Here's Why

Company Performance - Texas Instruments is expected to report an EPS of $1.19, reflecting a 20.13% decrease year-over-year [1] - Revenue is projected at $3.86 billion, indicating a 5.38% decline compared to the same quarter last year [1] - For the full year, earnings are estimated at $5.08 per share and revenue at $15.5 billion, representing declines of 28.15% and 11.52% respectively from the prior year [2] Analyst Projections - Recent shifts in analyst projections for Texas Instruments should be monitored, as upward revisions indicate positive sentiment regarding the company's operations and profit generation [3] - The consensus EPS projection has remained stagnant over the past 30 days, and Texas Instruments currently holds a Zacks Rank of 4 (Sell) [7] Valuation Metrics - Texas Instruments has a PEG ratio of 4.16, compared to the Semiconductor - General industry's average PEG ratio of 3.07 [4] - The company is trading at a Forward P/E ratio of 37.42, which is a premium over the industry average Forward P/E of 31.38 [9] Market Performance - Texas Instruments shares closed at $192.44, with a 1.21% increase from the previous day, outperforming the S&P 500's 1.1% gain [5] - Over the past month, shares have decreased by 6.3%, while the Computer and Technology sector gained 5.09% and the S&P 500 gained 0.22% [5] Industry Context - The Semiconductor - General industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 76, placing it in the top 31% of over 250 industries [8]