Stock Update: Texas Instruments Inc (NASDAQ:TXN) – Texas Instruments to webcast 1Q16 earnings conference call

[PR Newswire] – DALLAS, April 8, 2016 /PRNewswire/ — Texas Instruments Incorporated (TI) (NASDAQ: TXN) will webcast its first-quarter 2016 earnings conference call on Wednesday, April 27, at 4:30 p.m. Central time. Kevin … Read more on this. Texas Instruments Inc. (TXN) , with a current market cap of $58.19B, began trading this morning at $57.57. Shares have traded today between $57.57 and $58.08 per share with a one year range of $43.49 to $59.67. TXN shares are currently priced at 19.78x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.74x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.52 per share annually in dividends, yielding 2.63%. According to a consensus of 30 analysts, the earnings estimate of $0.62 per share would be $0.01 better than the year-ago quarter and a $0.02 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.89, which would be a $0.07 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.98 Billion. If reported, that would be a 5.40% decrease over the year-ago quarter. More recently, Goldman downgraded TXN from Neutral to Sell (Feb 3, 2016). Previously, Bernstein downgraded TXN from Outperform to Mkt Perform. When considering if the stock is under or overvalued, the average price target is $57.17, which is 0.69% below where the stock opened this morning. See more in (NASDAQ:TXN) Similar Articles: Stock Update: Texas Instruments Inc (NASDAQ:TXN) – Texas Instruments draws call selling Company Update: Texas Instruments Inc (NASDAQ:TXN) – Texas Instruments (TXN) Stock Higher in Pre-Market Trading on Earnings Beat Stock Update: Texas Instruments Inc (NASDAQ:TXN) – Texas Instruments to webcast 4Q15 and 2015 earnings conference call