Texas Instruments Incorporated (NASDAQ:TXN) has been recommended as a long term growth pick according to Beta Research. With their stock price currently trading around $98.43, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 13.10% earnings per share growth over the past 5 years and -0.50% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Texas Instruments Incorporated (NASDAQ:TXN)’s stock was 34.89%. Over the last week of the month, it was 1.58%, 19.02% over the last quarter, and 22.79% for the past six months.
Over the past 50 days, Texas Instruments Incorporated’s stock is -1.36% off of the high and 10.21% removed from the low. Their 52-Week High and Low are as follows: -1.36% (High), 38.26%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $99.47 on the equity. Analysts have a consensus recommendation of 2.40 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.