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Texas Instruments Issues Optimistic New Guidance
Excerpt from the InvestorGuide.com Stock of the Day on 6/9/2009

Optimism appears to be running rampant on Wall Street and now it has started to spill over into quarterly projections. Texas Instruments jumped on the bandwagon and issued some 2Q projections that pleased investors and boosted stocks. The company sharply raised its second-quarter guidance late on Monday. Texas Instruments now expects earnings of 14 cents to 22 cents a share on revenue of $2.3 billion to $2.5 billion. What caused the company to issue this well-received forecast? Will the company really be able to deliver these results?

TI's core business revolves around the manufacturing of chips used in phones, televisions, digital cameras and calculators. Over the last year, the company along with a majority of its competitors watched the demand for these products dwindle. Consumers cut back on purchasing electronics such as new cell phones or new computers to pay for necessities. However, the last couple of months have revealed signs of a recovery in the chip sector. Investors are becoming more convinced that the market is actually stabilizing and will result in consumers purchasing items that require these chips. What exactly led to TI improving their second-quarter guidance? Increasing orders for analog chips were the biggest contributor to the company's improving performance. Manufacturers of notebook computers and mobile-phone equipment have become more optimistic about sales, so that has lead to TI receiving an increase in demand for its products. An analyst from JPMorgan Chase (JPM: Charts, News, Offers) said that a surge in orders from Nokia (NOK: Charts, News, Offers) has really helped boost demand for TI's offerings. Global sales from Asia have been some of biggest drivers of growth to the company. More >


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Texas Instruments Calculating Lower Q4 Outlook
Excerpt from the InvestorGuide.com Stock of the Day on 12/9/2008

Tuesday morning must have felt like Monday morning for Texas Instruments. About halfway through their Q4, TI revised their Q4 earnings outlook downwards expecting lower sales and overall, a lower EPS. Adding salt to the wound, TI was also suggesting that Q1 2009 sales will also be lower, though they did not issue specific numbers. Investors did not feel positively about this and shares of TI were lower in pre-market trading but rose during early trading. Considering TI had lowered sales once before earlier this year, what kind of fate should we expect of TI in the near future? More >

Texas Instruments Forced to Revise Outlook on Decreased Demand
Excerpt from the InvestorGuide.com Stock of the Day on 3/11/2008

Major chipmakers were either collectively left out of an important memo or the tech sector has been bamboozled by a sudden and surprising turn downward. Following last week's announcement by Intel (INTC: Charts, News, Offers) that it would be revising its financial forecasts, Texas Instruments has now also had to lower its earnings estimates following unexpected weakness. The company has been facing new obstacles lately with the loss of some big name customers as new competitors chip away at its stronghold on the market. It is mere coincidence that Texas Instruments' news came in such close proximity to that of its rival or does TI's position make it poised to drop farther if industry weakness continues? More >

Texas Instruments in $3bn Cash Deal With Bain Capital
Excerpt from the InvestorGuide.com Stock of the Day on 1/9/2006

Quick: what's a hot new trend that seems to be all the rage on Wall Street? Leveraged buyouts? Mergers? Give up? Actually, it seems to be selling off sections of your company. Texas Instruments caught the bug Monday, announcing that it was selling off one of its business units for $3bn in cash to Bain Capital, LLC. The move was reportedly made in order to allow the company to focus more on higher-growth sectors, such as digital signal processing, which chief executive Rich Templeton believes will “[unlock] value.” What does the move mean for the company, and how will this new selling trend change affect other companies? More >

Texas Instruments 3Q Profits Up   10/25/2005

Texas Instruments (TXN) Narrows Its 1Q Outlook   3/8/2005

Texas Instruments developing live TV broadcasts for your Cell Phone   10/21/2004

Texas Instruments Incorporated (TXN) Upgrades

Date
Analyst
Old Rating
New Rating
10/30/2009
Bernstein
Market Perform
Outperform
10/27/2009
FBR Capital
Market Perform
Outperform
08/13/2009
Baird
Underperform
Neutral
07/20/2009
Jefferies & Co
Underperform
Hold
01/27/2009
Davenport
Sell
Neutral
10/30/2008
American Technology Research
Neutral
Buy

Texas Instruments Incorporated (TXN) Downgrades

Date
Analyst
Old Rating
New Rating
11/19/2009
Bank of America/ML
Buy
Neutral
10/21/2008
Deutsche Bank
Buy
Hold
09/09/2008
Raymond James
Strong Buy
Outperform
07/24/2008
Davenport
Neutral
Sell
07/22/2008
Merrill Lynch
Buy
Neutral
03/20/2008
American Technology Research
Buy
Neutral

Texas Instruments Incorporated (TXN) New Coverage

Date
Analyst
Rating
10/26/2009
Kaufman
Hold; $26 Target
10/05/2009
Brigantine Advisors
Hold
04/02/2009
Auriga USA
Sell
09/04/2008
Collins Stewart
Hold
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