Intel Corp.’s Market Journey: Closing Strong at 22.81, Up 1.11

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The closing price of Intel Corp. (NASDAQ: INTC) was $22.81 for the day, up 1.11% from the previous closing price of $22.56. In other words, the price has increased by $1.11 from its previous closing price. On the day, 106.5 million shares were traded. INTC stock price reached its highest trading level at $23.105 during the session, while it also had its lowest trading level at $22.285.

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 1.24 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.42.

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 the company, Mizuho on August 08, 2024, Downgraded its rating to Neutral and sets its target price to $22 from $36 previously.

TD Cowen reiterated its Hold rating for the stock on August 02, 2024, while the target price for the stock was revised from $35 to $25.

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 Aug 05 ’24 when GELSINGER PATRICK P bought 12,500 shares for $20.16 per share. The transaction valued at 251,946 led to the insider holds 37,975 shares of the business.

GELSINGER PATRICK P bought 4,100 shares of INTC for $124,173 on May 01 ’24. The CEO now owns 39,375 shares after completing the transaction at $30.29 per share. On Apr 29 ’24, another insider, GELSINGER PATRICK P, who serves as the CEO of the company, bought 4,000 shares for $31.42 each. As a result, the insider paid 125,674 and bolstered with 35,275 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 97535557632 and an Enterprise Value of 126496563200. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 99.35, and their Forward P/E ratio for the next fiscal year is 20.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 2.295 whereas that against EBITDA is 11.946.

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 $18.51. The 50-Day Moving Average of the stock is -3.67%, while the 200-Day Moving Average is calculated to be -35.28%.

Shares Statistics:

INTC traded an average of 78.57M shares per day over the past three months and 128905920 shares per day over the past ten days. A total of 4.28B shares are outstanding, with a floating share count of 4.27B. Insiders hold about 0.06% of the company’s shares, while institutions hold 65.20% stake in the company. Shares short for INTC as of 1724976000 were 108162831 with a Short Ratio of 1.38, compared to 1722384000 on 91160118. Therefore, it implies a Short% of Shares Outstanding of 108162831 and a Short% of Float of 2.53.

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 0.022163121The stock’s 5-year Average Dividend Yield is 2.86.

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