Is TXN Stock a Buy, Sell or Hold at a P/E Multiple of 34.85X?
TI(TXN) ZACKS·2024-11-29 22:16
Texas Instruments Incorporated (TXN) , a global leader in analog and embedded processing semiconductors, currently trades at a forward 12-month price-to-earnings (P/E) ratio of 34.84. This valuation is lower than the Zacks Semiconductor – General industry average of 37.16, suggesting that TXN offers a relatively discounted entry point compared to its peers. However, despite its valuation advantage, the company’s stock performance tells a different story.Image Source: Zacks Investment ResearchYear to date, s ...