Market Highlights: Intel Corp. (INTC) Ends on a Low Note at 30.83

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The price of Intel Corp. (NASDAQ: INTC) closed at $30.83 in the last session, down -1.66% from day before closing price of $31.35. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 32.19 million shares were traded. INTC stock price reached its highest trading level at $31.47 during the session, while it also had its lowest trading level at $30.79.

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 1.14 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.

On May 13, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $34.

TD Cowen reiterated its Hold rating for the stock on April 26, 2024, while the target price for the stock was revised from $42 to $35.

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 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 131239297024 and an Enterprise Value of 167165313024. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.12, and their Forward P/E ratio for the next fiscal year is 16.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 3.026 whereas that against EBITDA is 15.919.

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 $29.73. The 50-Day Moving Average of the stock is -2.69%, while the 200-Day Moving Average is calculated to be -20.49%.

Shares Statistics:

According to the various share statistics, INTC traded on average about 47.73M shares per day over the past 3-months and 55511410 shares per day over the past 10 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 66.89% stake in the company. Shares short for INTC as of 1721001600 were 94940855 with a Short Ratio of 1.99, compared to 1718323200 on 99947906. Therefore, it implies a Short% of Shares Outstanding of 94940855 and a Short% of Float of 2.23.

Dividends & Splits

The forward annual dividend rate for INTC is 0.50, which was 0.5 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.015948962The stock’s 5-year Average Dividend Yield is 2.88.

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