The price of Intel Corp. (NASDAQ: INTC) closed at $40.33 in the last session, down -8.22% from day before closing price of $43.94. In other words, the price has decreased by -$3.61 from its previous closing price. On the day, 83413726 shares were traded. INTC stock price reached its highest trading level at $41.64 during the session, while it also had its lowest trading level at $40.22.
Ratios:
We take a closer look at INTC’s different ratios to gain a better understanding of the stock. 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, Wedbush on January 26, 2024, Reiterated its Neutral rating but revised its target price to $40 from $45 previously.
On January 26, 2024, Truist reiterated its Hold rating and also upped its target price recommendation from $47 to $45.
The Benchmark Company reiterated its Buy rating for the stock on January 26, 2024, while the target price for the stock was revised from $52 to $62.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 185.82B and an Enterprise Value of 210.06B. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 104.54, and their Forward P/E ratio for the next fiscal year is 18.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.14 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 3.87 whereas that against EBITDA is 18.69.
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 43.46, while the 200-Day Moving Average is calculated to be 40.07.
Shares Statistics:
According to the various share statistics, INTC traded on average about 44.94M shares per day over the past 3-months and 45.9M shares per day over the past 10 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 66.79% stake in the company. Shares short for INTC as of Mar 15, 2024 were 72.37M with a Short Ratio of 1.61, compared to 66.85M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.71% and a Short% of Float of 1.71%.
Dividends & Splits
The forward annual dividend rate for INTC is 0.50, which was 0.74 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.68%, it implies a Forward Annual Dividend Yield of 1.14%. The stock’s 5-year Average Dividend Yield is 2.92. The current Payout Ratio is 184.54% for INTC, which recently paid a dividend on Mar 01, 2024 with an ex-dividend date of Feb 06, 2024. Stock splits for the company last occurred on Jul 31, 2000 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 30 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.24 and a low estimate of $0.1, while EPS last year was -$0.04. The consensus estimate for the next quarter is $0.25, with high estimates of $0.35 and low estimates of $0.14.
Analysts are recommending an EPS of between $1.72 and $0.92 for the fiscal current year, implying an average EPS of $1.34. EPS for the following year is $2.24, with 32 analysts recommending between $3.15 and $1.08.
Revenue Estimates
According to 30 analysts, the current quarter’s revenue is expected to be $12.77B. It ranges from a high estimate of $13.22B to a low estimate of $12.35B. As of the current estimate, Intel Corp.’s year-ago sales were $11.04B, an estimated increase of 15.70% from the year-ago figure. For the next quarter, 30 analysts are estimating revenue of $13.6B, an increase of 5.00% less than the figure of $15.70% in the same quarter last year. There is a high estimate of $14.38B for the next quarter, whereas the lowest estimate is $12.42B.
A total of 39 analysts have provided revenue estimates for INTC’s current fiscal year. The highest revenue estimate was $60.5B, while the lowest revenue estimate was $51.37B, resulting in an average revenue estimate of $57.4B. In the same quarter a year ago, actual revenue was $54.23B, up 5.90% from the average estimate. Based on 36 analysts’ estimates, the company’s revenue will be $64.07B in the next fiscal year. The high estimate is $71.97B and the low estimate is $54.97B. The average revenue growth estimate for next year is up 11.60% from the average revenue estimate for this year.
