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The closing price of Intel Corp. (NASDAQ: INTC) was $35.04 for the day, down -1.79% from the previous closing price of $35.68. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 42.23 million shares were traded. INTC stock price reached its highest trading level at $35.66 during the session, while it also had its lowest trading level at $34.77.
Ratios:
Our analysis of INTC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on April 16, 2024, initiated with a In-line rating and assigned the stock a target price of $40.
On April 15, 2024, Citigroup reiterated its Neutral rating and also upped its target price recommendation from $47.50 to $40.
Wedbush reiterated its Neutral rating for the stock on January 26, 2024, while the target price for the stock was revised from $45 to $40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 01 ’24 when GELSINGER PATRICK P bought 2,800 shares for $42.74 per share. The transaction valued at 119,671 led to the insider holds 31,275 shares of the business.
GELSINGER PATRICK P bought 3,000 shares of INTC for $130,083 on Jan 29 ’24. The CEO now owns 28,475 shares after completing the transaction at $43.36 per share. On Nov 01 ’23, another insider, GELSINGER PATRICK P, who serves as the CEO of the company, bought 6,775 shares for $36.80 each. As a result, the insider paid 249,333 and bolstered with 25,475 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INTC now has a Market Capitalization of 149160722432 and an Enterprise Value of 177223122944. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 90.82, and their Forward P/E ratio for the next fiscal year is 15.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 3.268 whereas that against EBITDA is 18.398.
Stock Price History:
Over the past 52 weeks, INTC has reached a high of $51.28, while it has fallen to a 52-week low of $26.85. The 50-Day Moving Average of the stock is -16.85%, while the 200-Day Moving Average is calculated to be -12.11%.
Shares Statistics:
INTC traded an average of 48.70M shares per day over the past three months and 54088870 shares per day over the past ten days. A total of 4.23B shares are outstanding, with a floating share count of 4.23B. Insiders hold about 0.05% of the company’s shares, while institutions hold 66.02% stake in the company. Shares short for INTC as of 1711584000 were 72399239 with a Short Ratio of 1.49, compared to 1709164800 on 68802783. Therefore, it implies a Short% of Shares Outstanding of 72399239 and a Short% of Float of 1.7000000000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.74, INTC has a forward annual dividend rate of 0.50. The stock’s 5-year Average Dividend Yield is 2.92.
Earnings Estimates
The stock of Intel Corp. (INTC) is currently in the spotlight, with Intel Corporation analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $608.38, with high estimates of $1.68 and low estimates of $25.08.
