{"id":25938,"date":"2023-06-22T08:54:03","date_gmt":"2023-06-22T12:54:03","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/what-has-driven-texas-instruments-stock-higher-in-recent-years\/"},"modified":"2023-06-22T08:54:05","modified_gmt":"2023-06-22T12:54:05","slug":"what-has-driven-texas-instruments-stock-higher-in-recent-years","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=25938","title":{"rendered":"What Has Driven Texas Instruments Stock Higher In Recent Years?"},"content":{"rendered":"<div>\n<p><strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/TXN\">Texas Instruments Incorporated (NASDAQ: TXN)<\/strong> stock price rose about 38% from $128 at 2019 end to around $176 currently, primarily due to favorable changes in its revenues. During this period, the company, a designer and manufacturer of semiconductors and various integrated circuits, witnessed a strong 36% rise in revenues, and combined with a 2.7% drop in its outstanding share count, revenue per share jumped 39%. Additionally, over the same period, the S&amp;P 500 returned around 36%, meaning that TXN stock managed to marginally outperform the index since late 2019.<\/p>\n<p>In our interactive dashboard, <strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/TXN\/no-login-required\/nb7kymRh\/Why-Texas-Instruments-Stock-Moved-TXN-Stock-Has-Gained-89-Since-2018-Primarily-Due-To-Favorable-Change-In-Price-To-Sales-Multiple-P-S-?fromforbesandarticle=trefis230622\">Why Texas Instruments Stock Moved:<\/strong><strong> TXN Stock Has Gained 38% Since 2019<\/strong>, we break down the factors behind this move.<\/p>\n<p><em>Texas Instruments<br \/>\n  <fbs-ticker data-name=\"TXN\" data-href=\"https:\/\/www.forbes.com\/companies\/texas-instruments\" data-type=\"stock\"><br \/>\n   TXN<br \/>\n  <\/fbs-ticker>\u2019 Total Revenue has grown 36% from $14.4 billion in FY 2019 to $19.5 billion on an LTM basis<\/em><\/p>\n<ul>\n<li>TI\u2019s total revenue grew from $14.4 billion in FY \u201919 to $20 billion in FY\u201922.<\/li>\n<li>However, over the last 12 months, they have declined a bit to about $19.5 billion.<\/li>\n<li>TI\u2019s largest segment is the analog semiconductor segment, which brought in $15.4 billion in FY \u201922, making up about 77% of the company\u2019s total sales.<\/li>\n<li>For additional details about TI\u2019s revenues and comparison to peers, see<strong> <\/strong><strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/TXN\/no-login-required\/jyVGbEDi\/Texas-Instruments-TXN-Revenue-Comparison?fromforbesandarticle=trefis230622\">Texas Instruments Revenue Comparison<\/strong><\/li>\n<\/ul>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<p><em>Revenue per share increased 39% from $15.42 in 2019 to $21.49 currently<\/em><\/p>\n<ul>\n<li>TXN Revenue has increased from $14 Bil in 2019 to $20 Bil in the last 12 months, implying a 36% change. The company\u2019s shares outstanding have decreased from 933 million at the end of 2019 to 908 million currently, implying a 2.7% change<\/li>\n<li>Due to this, RPS has jumped from $15.42 in 2019 to $21.49 currently.<\/li>\n<\/ul>\n<p><em>Price-To-Sales (P\/S) multiple for Texas Instruments rose strongly from 8.3x in 2019 to 10.5x in 2020 although it has declined to about 8.2x presently.<\/em><\/p>\n<ul>\n<li>TI\u2019s P\/S multiple rose strongly to 10.5x by late 2020, on the back of rising investor expectations surrounding a revival in sales growth amidst rising demand for the company\u2019s products.<\/li>\n<li>However, due to current geopolitical tensions and the increased economic uncertainty weighing on the broader markets, the P\/S multiple has pulled back, currently standing at around 8.2x.<\/li>\n<li>For additional details about the company stock returns and comparison to peers, see <strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/TXN\/no-login-required\/TODp7Asj\/Texas-Instruments-Stock-Return-Comparison?fromforbesandarticle=trefis230622\">Texas Instruments Stock Return Comparison<\/strong><strong>.<\/strong><\/li>\n<\/ul>\n<p>What if you\u2019re looking for a more balanced portfolio instead? Here\u2019s a <strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/PORTFOLIOS\/no-login-required\/RsQ6oXgC\/High-Quality-Portfolio-30-Stocks-with-189-Return-Since-2016-vs-88-for-S-P-500?fromforbesandarticle=trefis230622\">high-quality portfolio<\/strong> that\u2019s beaten the market consistently since 2016.<\/p>\n<p>Invest with <strong>Trefis <\/strong><strong data-ga-track=\"ExternalLink:https:\/\/dashboards.trefis.com\/data\/companies\/PORTFOLIOS\/no-login-required\/M7MacZNG?fromforbes\">Market Beating Portfolios<\/strong><\/p>\n<p>See all <strong>Trefis <\/strong><strong data-ga-track=\"ExternalLink:https:\/\/dashboards.trefis.com\/data\/price-estimates?fromforbes\">Price Estimates<\/strong><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/greatspeculations\/2023\/06\/22\/what-has-driven-texas-instruments-stock-higher-in-recent-years\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas Instruments Incorporated (NASDAQ: TXN) stock price rose about 38% from $128 at 2019 end to around $176 currently, primarily due to favorable changes in its revenues. During this period, the company, a designer and manufacturer of semiconductors and various integrated circuits, witnessed a strong 36% rise in revenues, and combined with a 2.7% drop [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-25938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Has Driven Texas Instruments Stock Higher In Recent Years? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Texas Instruments Incorporated (NASDAQ: TXN) stock price rose about 38% from $128 at 2019 end to around $176 currently, primarily due to favorable changes\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=25938\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Has Driven Texas Instruments Stock Higher In Recent Years? 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