Texas Instruments closed the most recent trading day at $278.07, up 2.74% and outpacing the S&P 500's 0.51% gain, while the Dow added 0.93% and the Nasdaq rose 0.48%. Ahead of its upcoming earnings disclosure, the company is expected to report EPS of $2.39, up 61.49% from the prior-year quarter, on revenue of $5.91 billion, up 24.69%. For the full year, the Zacks Consensus Estimates forecast earnings of $8.45 per share and revenue of $21.7 billion, changes of +55.05% and +22.73% respectively. Over the last 30 days the consensus EPS estimate has remained unchanged, and Texas Instruments currently carries a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E ratio of 32.03 versus an industry average of 37.56, and a PEG ratio of 1.51 versus the Semiconductor - General industry average of 1.73.
Texas Instruments IncorporatedEarnings preview points to 61.49% EPS growth and 24.69% revenue growth for Texas Instruments, with a Forward P/E below the industry average.
