Chips · Stock report · Texas Instruments (NASDAQ: TXN)
Texas Instruments — 3rd of 86 chip stocks over one month; power-chip peers sit far below their highs
The Closelooknet read
Texas Instruments (NASDAQ: TXN) stands out among power-chip names on our one-month ranking: it is 3rd of the 86 stocks in our chip section, with a gain of 4.2%. Its peers in our pack, from Infineon in Frankfurt to Renesas in Tokyo, mostly fell over the same month. Our money-flow reading (a gauge of net buying pressure) is 44.3, down 11.2 over 21 days. The composite score is 61. We watch whether the money-flow reading stops falling while the stock holds above $279.80, its 50-day average, or whether it slips back under it.
Where Texas Instruments stands among power-chip peers
Texas Instruments closed 11% below its 52-week high of $332.28, set on 22 June. Peers sit further from their highs. Infineon (IFX.DE) is 44.7% below, STMicroelectronics (STM) 44.3%, onsemi (ON) 48.4%, Renesas Electronics (6723.T) 50.0%, Allegro MicroSystems (ALGM) 55.6% and Vicor (VICR) 57.0%. Monolithic Power Systems (MPWR) is 17.9% below its high.
Over one month, Monolithic Power rose 0.1%, while Renesas fell 34.8% and Vicor 38.6%.
Our money-flow and quality readings
Our money-flow reading is 44.3, labelled decelerating-up and neutral, down 2.5 over five days and 11.2 over 21 days. On our scores Texas Instruments rates 61 of 100 overall: quality 84, balance sheet 73, momentum 65, growth 61, cash quality 53 and capital allocation 52. Valuation, at 31, is the weakest. The Piotroski score is a check of financial health, scored 7 of 9.
Price trend and the Street
The stock closed at $295.73 on 9 November, up 6.6% on the day after opening 1.3% higher. It is up 70.5% this year and 5.7% above its 50-day average of $279.80. It is 12.5% above its 200-day average of $262.78, the average close of the last 200 sessions. Its typical daily swing is about 2.4%.
Analysts' average target is $334, 20.3% above the last close, with 32 buy, 28 hold and 6 sell ratings.
Closelooknet is a research diary. Nothing here is investment advice or a recommendation to buy or sell.