Most recently the semiconductor maker Texas Instruments Incorporated (NASDAQ:TXN) reported its first quarter results and stated that its net income surged 37 % as declining costs offset a revenue slump.
Analysts were expecting 2.85 billion US dollars in revenue with net income of 31 cents a share.Company’s sales reduced to 2.89 billion US dollars from 3.12 billion US dollars by 8 %.
Texas said that it’s embedded processing sales surged 4 % to 561 million US dollars while the analog sales reduced 1 % to 1.65 billion US dollars.
The research and development expenses declined 18 % to 419 million US dollars along with operating costs reduced 5 % to 1.51 billion US dollars and acquisition expenses declined 44 % to 86 million US dollars.Other revenue slid 24 % to 676 million US dollars.
Coming to the stock performance; Texas Instruments Incorporated (NASDAQ:TXN) in last trading session end up at $34.81 by rising 1.64% with the traded volume of 10.72 million shares which is up from the average volume of 9.84 million shares. In after hours trading TXN surged 0.52%.
The stock price saw week’s volatility of 2.95% and month’s volatility is 1.98%, while the stock price of the company is moving down from its 20 days moving average with -0.28% and isolated positively from 50 days moving average with 0.65%.
Looking at Analytic Ratios; the price to sales ratio of TXN in past twelve months was calculated as 3.00 and price to cash ratio as 9.70. Company return on equity ratio is recorded as 15.77% and its return on assets is 8.68%, and return on investment is 10.47%.