Market Momentum Report: Intel Corp. (INTC)’s Negative Close at 34.46

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The price of Intel Corp. (NASDAQ: INTC) closed at $34.46 in the last session, down -0.09% from day before closing price of $34.49. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 39.77 million shares were traded. INTC stock price reached its highest trading level at $35.225 during the session, while it also had its lowest trading level at $34.31.

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 146691735552 and an Enterprise Value of 182745923584. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.90, and their Forward P/E ratio for the next fiscal year is 17.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 3.308 whereas that against EBITDA is 17.403.

Stock Price History:

The Beta on a monthly basis for INTC is 1.06, which has changed by -0.0002898574 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. 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 10.63%, while the 200-Day Moving Average is calculated to be -11.38%.

Shares Statistics:

According to the various share statistics, INTC traded on average about 47.53M shares per day over the past 3-months and 52931460 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 67.04% stake in the company. Shares short for INTC as of 1719532800 were 96013687 with a Short Ratio of 2.02, compared to 1717113600 on 93316906. Therefore, it implies a Short% of Shares Outstanding of 96013687 and a Short% of Float of 2.26.

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 0.014496955The stock’s 5-year Average Dividend Yield is 2.88. The current Payout Ratio is 184.54% for INTC, which recently paid a dividend on 2024-05-06 with an ex-dividend date of 1714953600. Stock splits for the company last occurred on 2000-07-31 when the company split stock in a 2:1 ratio.

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