After hours: 4:36PM EDT
|Bid||123.50 x 1400|
|Ask||125.10 x 1100|
|Day's Range||123.41 - 125.20|
|52 Week Range||87.70 - 130.37|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||22.69|
|Earnings Date||Oct 21, 2019 - Oct 25, 2019|
|Forward Dividend & Yield||3.08 (2.47%)|
|1y Target Est||128.74|
Dan Pipitone of TradeZero America joins YFi AM about how U.S., China trade tensions are weighing on the markets. "We expect volatility to continue," Pipitone tells Yahoo Finance, "it's really important that investors have the tools and the access that they need to take advantage of these active swings."
September 4, 2019, 8:45 a.m. Eastern time DALLAS , Aug. 20, 2019 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NASDAQ: TXN) Senior Vice President and Chief Financial Officer Rafael Lizardi will ...
Analog Devices' (ADI) strength in end-markets served should likely aid the upcoming results. However, softness in the consumer market and geopolitical uncertainty may impact its fiscal Q3 earnings.
Daseke, Inc. (NASDAQ: DSKE) announced today, August 15, 2019, that its founder, Chairman of the Board and Chief Executive Officer Don Daseke will retire effective immediately. The largest flatbed, specialized transportation and logistics company in North America announced that current Chief Operating Officer Chris Easter will act as the interim Chief Executive Officer. Easter has been Daseke's COO since January.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Investing,com - President Trump took aim at key Chinese chip customer Huawei Friday and said it was “fine” if the U.S. pulls out of trade talks with China planned for September. But investors in semis disagree and have pushed many chips lower, led by a slump in Micron (NASDAQ:MU).
(Bloomberg) -- Semiconductor stocks tumbled in on Monday, extending a recent decline as the escalating trade war between the U.S. and China added to headwinds surrounding the sector.Chipmakers were broadly weaker, with the Philadelphia Semiconductor Index down 3.6% in its fifth straight daily decline, its longest such losing streak since October. The benchmark index has lost more than 10% over the five-day slump and trade tensions have been a primary driver of the recent decline, as many chipmakers count China as a major market or as a key part of their supply chainsAmong specific names, Intel Corp. fell 3.4% while Texas Instruments Inc. lost 3.3%; both were in their fifth straight negative session. Micron Technology Inc. was off 5% and Nvidia Corp. sank 5.9%. The VanEck Vectors Semiconductor ETF -- an exchange-traded fund that tracks a basket of chipmakers -- fell 3.2%, and its pre-market trading volume was the highest since May 31, according to data compiled by Bloomberg.Also in focus on Monday was the latest data from the Semiconductor Industry Association, which showed total semiconductor sales fell 17.7% in June.RBC Capital Markets said that within the sub-sector of DRAM memory chips, average selling prices were down 46% in June, “the worst decline since March of 2008.”Analyst Mitch Steves wrote that he was “surprised to see the severity of ASP declines across the board,” although he doesn’t think they are likely to get worse from current levels.While the SIA data showed month-over-month growth of 4.9%, Deutsche Bank described the report as “another soft month of data” and said it came in below the bank’s expectations. The firm affirmed its cautious stance on the sector, with analyst Ross Seymore writing that “headwinds continue in the semi space, corroborated by weak SIA data & 2Q prints/3Q guides in earnings season thus far.”Among notable results, Advanced Micro Devices Inc. cut its full-year forecast last week, while Qualcomm Inc. gave a disappointing fourth-quarter sales outlook. On the upside, Western Digital Corp. reported fourth-quarter revenue that missed expectations, but the company’s chief executive officer said it had “reached a cyclical trough.”Over the weekend, ON Semiconductor Corp. reported second-quarter revenue that missed expectations and gave a weak third-quarter outlook. The stock slumped 9.9% in its biggest one-day drop since November 2015.(Update share prices, adds Nvidia in third paragraph)To contact the reporter on this story: Ryan Vlastelica in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Will DaleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
(Bloomberg) -- Semiconductor companies are wincing as consumers around the globe are buying fewer cars amid continuing trade tensions between the U.S. and China.China has been a pain point for the sector as the two countries continue to spar on trade, and chipmakers had braced for slumping demand in the country to dent performance. The automotive sector has emerged as one of the biggest sources of weakness and is now threatening to dampen the chances of a recovery in the latter half of the year.It has so far been an unfortunate year for automakers, as global sales shrank 6.5% from a year earlier in the first quarter of 2019, and 7% in the next three months, according to Bloomberg Intelligence. China led the decline with car sales in the country falling for 12 consecutive months through June, amid slowing economic growth, trade-related turmoil, and a weak consumer demand, exacerbated by newer and stricter emissions rules. With the U.S. and China ratcheting the turmoil up a notch this week, some say the risks of tariffs on auto imports is now higher.Many auto parts suppliers, as well as Ford Motor Co., have reported disappointing results and issued weak forecasts for the year, citing the China slowdown. And now the effect is rippling through the rest of the supply chain, hurting chipmakers and other industrial manufacturers.“China weakness was expected, but in all honesty, we were expecting a trade deal by now,” Piper Jaffray & Co. analyst Harsh Kumar said in an interview. Kumar, who covers semiconductor stocks, said the companies supplying the automotive market were still seeing growth in radar and electrification-related products, while the traditional, gas engine segment is getting hit hard.Most of the automotive chip manufacturers have a larger piece of their business associated with traditional auto, and “that is not doing so well because there isn’t any market share or penetration to be gained; it is simply a units game,” Kumar said, referring to the fewer number of cars being sold.Maxim Integrated Products Inc., which makes chips that are used in various parts of a car including lighting, infotainment and driver assistance systems, said it expected the calendar third quarter to be slow, due to a “soft environment” for automotive production. The company’s battery management systems used in electric vehicles will also have fewer shipments, given the market uncertainty in China, the company said.The concerns were echoed by NXP Semiconductors NV, which makes components that help a car to sense its environment and process that data. Maxim and NXP’s customers include auto suppliers such as Aptiv Plc, Lear Corp. and Visteon Corp. as well as Fiat Chrysler Automobiles NV. Other chipmakers with substantial auto market exposure include Infineon Technologies AG, Analog Devices Inc., Texas Instruments Inc., and Microchip Technology Inc.Meanwhile, Rockwell Automation Inc., which counts both automotive and semiconductor sectors among its customers, saw both markets decline in the quarter ending June 30.“Overall, the combination of production cuts and reductions in component inventory is having an significant impact,” Morgan Stanley’s Craig Hettenbach, who covers semiconductors, said in an email interview. The analyst said that while the weakness is most pronounced in China, Europe has also been below expectations from the beginning of the year. “There is a lot of focus on when China will provide incentives to stimulate demand, but company and investor expectations for stimulus are pretty low right now,” Hettenbach said.A respite is not expected anytime soon. According to Moody’s, global vehicle sales are expected to fall 3.8% in 2019, amid further weakening demand in China and Western Europe. The latest round of trade war-related tarriffs could make matters even worse.To contact the reporter on this story: Esha Dey in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Brad Olesen at email@example.com, Jennifer Bissell-Linsk, Morwenna ConiamFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The processor giant released a better-than-feared earnings report on July 25 that bodes well for the semiconductor industry’s second half of 2019.
As trade talks get underway this week after a nearly three-month break, the PHLX Semiconductor Index (SOX) charged ahead. It surpassed the 2019 highs set back in April, and now is up a remarkable 31% from the May 29 intraday low set after U.S. and China negotiations froze earlier that month. China is only one reason.
U.S. stock futures are sinking this morning on pre-Federal Reserve jitters. Rather than brave the uncertain outcome of the two-day Fed meeting, which kicks-off today, some traders are heading for the exits.Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are down 0.41%, and S&P 500 futures are lower by 0.56%. Nasdaq-100 futures have lost 0.85%.Yesterday's action in the options pits was relatively subdued with overall volume sinking to well below average levels. Calls won the day with some 15.8 million contracts traded versus 13 million contracts for puts.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the single-session equity put/call volume ratio ramped to 0.71. That matches its highest reading in six weeks. The 10-day moving average climbed to 0.65.Options traders swarmed in the following stocks: Texas Instruments (NASDAQ:TXN), Beyond Meat (NASDAQ:BYND) and Apple (NASDAQ:AAPL).Let's take a closer look: Texas Instruments (TXN)Fresh off its earnings beat, Texas Instruments scored additional follow through on Monday, gaining 1.7% on the session. Volume threw its weight behind bulls, registering the third accumulation day in four trading sessions. * 7 Stocks to Buy With Over 20% Upside From Current Levels Last week's catapult boosted the semiconductor industry and aided the broader market's march to new highs. With the 20-day, 50-day and 200-day moving averages all pointing higher, it's the bull's game to lose. TXN stock is a buy into weakness.On the options trading front, TXN exhibited typical behavior ahead of its quarterly dividend payment. Traders snatched up calls for short-term control of the stock so they could receive the stock's 77 cent payout. With an annual yield of 2.37%, TXN is one of the higher income-generating stocks in the sector. Total activity grew to 544% of the average daily volume, with 92,151 contracts traded; 90% of the trading came from call options alone.Implied volatility ticked higher on the session to 23%, but remains at a lowly 14th percentile. Premiums are pricing in daily moves of $1.89 or 1.5%. Beyond Meat (BYND)Red-hot shares of Beyond Meat are cooling after-hours, following a disappointing earnings report and the announcement of a secondary offering. BYND stock is currently down $33 or 15% premarket.For the second quarter, the producer of plant-based alternative meat reported a loss of $9.4 million or 24 cents per share on revenue of $67.3 million. The company announced a secondary public offering of 3.25 million shares. The majority of the shares (3 million) are coming from insiders unloading a portion of their holdings to capture the meteoric gains seen since the IPO.This morning's down gap will bring a critical test to BYND stock's uptrend. Thus far, all dips have been rapidly bought. The rising 20-day moving average and a key old resistance zone lie in wait near $180. A breach of this zone will send warning flags up to chart watchers.On the options trading front, calls stole the show yesterday. Activity ramped to 191% of the average daily volume, with 272,228 total contracts traded. Calls accounted for 57% of the tally. Apple (AAPL)Apple is one of the few marquee tech names yet to report earnings this season. But spectators don't need to wait long. The maker of all i-things is slated for its announcement after the close today. In preparation for the event, we saw options traders jockeying for positions yesterday. The uptick in activity will undoubtedly continue today. * 10 Small-Cap Stocks to Buy Before They Grow Up Traders favored puts by a slim margin on the session. Total trading rose to 129% of the average daily volume, with 439,920 contracts traded. Puts claimed 53% of the session's sum.The increased demand drove implied volatility higher on the day to 29%, placing it at the 34th percentile of its one-year range. The expected earnings jump in the stock is $8.12 or 3.9%.On the price front, the two-month uptrend pushed to a new high Monday and places AAPL within striking distance of its 2019 peak. A better-than-expected earnings release will be needed to clear it.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Small-Cap Stocks to Buy Before They Grow Up * 7 Stocks to Buy With Over 20% Upside From Current Levels * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Tuesday's Vital Data: Texas Instruments, Beyond Meat and Apple appeared first on InvestorPlace.
Texas Instruments (TXN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Sr. Vice President & CFO of Texas Instruments Inc (30-Year Financial, Insider Trades) Rafael R Lizardi (insider trades) sold 76,523 shares of TXN on 07/25/2019 at an average price of $128.02 a share. Continue reading...