For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Intel Corp.’s stock clocked out at $30.00, down -2.22% from its previous closing price of $30.68. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 61.39 million shares were traded. INTC stock price reached its highest trading level at $30.15 during the session, while it also had its lowest trading level at $29.73.
Ratios:
To gain a deeper understanding of INTC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.49 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, TD Cowen on April 26, 2024, Reiterated its Hold rating but revised its target price to $35 from $42 previously.
On April 16, 2024, Evercore ISI started tracking the stock assigning a In-line rating and target price of $40.
Citigroup reiterated its Neutral rating for the stock on April 15, 2024, while the target price for the stock was revised from $47.50 to $40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 01 ’24 when GELSINGER PATRICK P bought 4,100 shares for $30.29 per share. The transaction valued at 124,173 led to the insider holds 39,375 shares of the business.
GELSINGER PATRICK P bought 4,000 shares of INTC for $125,674 on Apr 29 ’24. The CEO now owns 35,275 shares after completing the transaction at $31.42 per share. On Feb 01 ’24, another insider, GELSINGER PATRICK P, who serves as the CEO of the company, bought 2,800 shares for $42.74 each. As a result, the insider paid 119,671 and bolstered with 31,275 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 127706095616 and an Enterprise Value of 166526763008. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.25, and their Forward P/E ratio for the next fiscal year is 15.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 3.015 whereas that against EBITDA is 15.858.
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 -23.25%, while the 200-Day Moving Average is calculated to be -24.63%.
Shares Statistics:
It appears that INTC traded 49.48M shares on average per day over the past three months and 59957980 shares per day over the past ten days. A total of 4.26B shares are outstanding, with a floating share count of 4.25B. Insiders hold about 0.06% of the company’s shares, while institutions hold 65.90% stake in the company. Shares short for INTC as of 1713139200 were 76281751 with a Short Ratio of 1.54, compared to 1710460800 on 72366191. Therefore, it implies a Short% of Shares Outstanding of 76281751 and a Short% of Float of 1.79.
Dividends & Splits
With its trailing 12-month dividend rate of 0.5, INTC has a forward annual dividend rate of 0.50. Against a Trailing Annual Dividend Yield of 0.016297262The stock’s 5-year Average Dividend Yield is 2.91.
