The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Intel Corp. (NASDAQ: INTC) was $31.88 for the day, down -9.20% from the previous closing price of $35.11. In other words, the price has decreased by -$9.20 from its previous closing price. On the day, 119.35 million shares were traded. INTC stock price reached its highest trading level at $32.24 during the session, while it also had its lowest trading level at $30.64.
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 1.14 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:
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 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 135709007872 and an Enterprise Value of 171635163136. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.21, and their Forward P/E ratio for the next fiscal year is 15.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 3.107 whereas that against EBITDA is 16.345.
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 -22.47%, while the 200-Day Moving Average is calculated to be -20.16%.
Shares Statistics:
INTC traded an average of 48.51M shares per day over the past three months and 54967720 shares per day over the past ten 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 66.00% stake in the company. Shares short for INTC as of 1713139200 were 76281751 with a Short Ratio of 1.57, 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 0.014240957The stock’s 5-year Average Dividend Yield is 2.92.
