TI-Why the Market Dipped But Texas Instruments (TXN) Gained Today

Company Performance - Texas Instruments (TXN) closed at $184.55, reflecting a +0.32% change from the previous trading day's closing, outperforming the S&P 500's daily loss of 1.12% [1] - In the past month, shares of Texas Instruments have decreased by 8.01%, while the Computer and Technology sector lost 4.05% and the S&P 500 lost 2.91% [1] Earnings Forecast - Texas Instruments is expected to report an EPS of$ 1.06, indicating an 11.67% decline compared to the same quarter last year, with a projected quarterly revenue of $3.91 billion, up 6.74% from the year-ago period [2] - For the annual period, earnings are anticipated to be$ 5.35 per share and revenue is expected to reach $17.05 billion, reflecting increases of +2.88% and +9% respectively from the previous year [3] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for Texas Instruments indicate evolving short-term business trends, with positive revisions reflecting optimism about the company's business and profitability [3] - Texas Instruments currently has a Forward P/E ratio of 34.4, which is a premium compared to the industry's average Forward P/E of 28.37, and a PEG ratio of 2.98, higher than the Semiconductor - General industry's average PEG ratio of 2.03 [6] Industry Context - The Semiconductor - General industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 81, placing it in the top 33% of all industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]