Texas Instruments (TXN) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - Texas Instruments (TXN) stock increased by 2.16% to $199.22, outperforming the S&P 500's daily gain of 0.94% [1] - Over the past month, TXN shares gained 3.45%, slightly lagging behind the Computer and Technology sector's gain of 3.9% but outperforming the S&P 500's gain of 1.67% [1] Earnings Forecast - The upcoming earnings report for Texas Instruments is expected to show an EPS of $1.32, reflecting an 8.2% increase from the same quarter last year [2] - Revenue is forecasted to be $4.31 billion, indicating a 12.75% rise compared to the year-ago quarter [2] Full Year Estimates - For the full year, analysts expect earnings of $5.55 per share and revenue of $17.29 billion, representing increases of 6.73% and 10.57% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Texas Instruments are being monitored, as positive revisions typically indicate optimism regarding the company's business and profitability [4] Stock Price Performance - Changes in analyst estimates are believed to have a direct correlation with upcoming stock price performance, which investors can leverage using the Zacks Rank system [5] Zacks Rank - Texas Instruments currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate having increased by 0.07% over the past month [6] Valuation Metrics - Texas Instruments has a Forward P/E ratio of 35.15, which is in line with the industry average [7] - The company has a PEG ratio of 3.18, compared to the Semiconductor - General industry's average PEG ratio of 2.5 [8] Industry Context - The Semiconductor - General industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 158, placing it in the bottom 36% of over 250 industries [9]