Stock Update: Texas Instruments Inc (NASDAQ:TXN) – Texas Instruments to webcast 4Q15 and 2015 earnings conference call

[PR Newswire] – DALLAS, Jan. 14, 2016 /PRNewswire/ — Texas Instruments Incorporated (TI) (NASDAQ: TXN) will webcast its fourth-quarter and year-end 2015 earnings conference call on Wednesday, January 27, at 4:30 p.m. … Read more on this. Texas Instruments Inc. (TXN) , valued at $50.75B, started trading this morning at $49.98. Today’s price range has been between $49.53 and $50.67 per share and has traded between $43.49 and $59.99 over the past year. TXN shares are currently priced at 18.25x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.22x forward p/e ratio. The company pays shareholders $1.52 per share in dividend income per year, for a current yield of 2.97%. Consensus earnings for the current quarter by the 30 sell-side analysts covering the stock is an estimate of $0.69 per share, which would be $0.07 worse than the year-ago quarter and a $0.07 sequential increase. Investors should also note that the full-year EPS estimate of $2.73 is a $0.23 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.21 Billion. If realized, that would be a 1.83% decrease over the year-ago quarter. In terms of ratings, Bernstein downgraded TXN from Outperform to Mkt Perform (Dec 18, 2015). Previously, Charter Equity upgraded TXN from Mkt Perform to Buy. With the above information in mind, readers should note that the average price target is $58.63, which is 17.31% above where the stock opened this morning. See more in (NASDAQ:TXN) Similar Articles: Stock Update: Texas Instruments Inc (NASDAQ:TXN) – What To Expect When Texas Instruments (TXN) Reports Earnings Company Update: Texas Instruments Inc (NASDAQ:TXN) – Texas Instruments (TXN) Earnings Report: Q2 2015 Conference Call Transcript Stock Update: Texas Instruments Inc (NASDAQ:TXN) – Texas Instruments (TXN) Stock Up in After-hours Trading Following Earnings Results