Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day down 1.7%. By the end of trading, Texas Instruments fell 85 cents (-3%) to $27.83 on average volume. Throughout the day, 10.6 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 8.2 million shares. The stock ranged in price between $27.78-$28.95 after having opened the day at $28.80 as compared to the previous trading day's close of $28.68. Other companies within the Electronics industry that declined today were:
), down 13%,
), down 12%,
), down 9.4%, and
), down 9%.
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Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments has a market cap of $32.98 billion and is part of the
sector. The company has a P/E ratio of 21.2, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 1.5% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Texas Instruments a buy, three analysts rate it a sell, and 16 rate it a hold.
TheStreet Ratings rates Texas Instruments as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Texas Instruments Ratings Report.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
) while those bearish on the electronics industry could consider
- Find other investment ideas from our top rated ETFs lists.
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