Texas Instruments (TXN) Stock Drops Despite Market Gains: Important Facts to Note

Company Performance - Texas Instruments (TXN) closed at $178.20, reflecting a -2.41% change from the previous day, underperforming the S&P 500's 0.47% gain [1] - Over the past month, TXN shares have depreciated by 6.15%, while the Computer and Technology sector gained 3.88% and the S&P 500 gained 2.32% [1] Upcoming Earnings - Texas Instruments is projected to report earnings of $1.48 per share, indicating a year-over-year growth of 0.68% [2] - The consensus estimate for revenue is $4.64 billion, representing an 11.83% increase compared to the same quarter of the previous year [2] Full Year Estimates - For the full year, earnings are projected at $5.6 per share and revenue at $17.67 billion, showing changes of +7.69% and +12.94% respectively from the previous year [3] - Recent changes to analyst estimates suggest a favorable outlook on the business health and profitability of Texas Instruments [3] Valuation Metrics - Texas Instruments has a Forward P/E ratio of 32.61, which is a discount compared to the industry average Forward P/E of 38.67 [5] - The current PEG ratio for TXN is 2.98, while the average PEG ratio for the Semiconductor - General industry is 3.62 [6] Industry Ranking - The Semiconductor - General industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 27, placing it in the top 11% of over 250 industries [6] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]