Stock Surge: Intel Corp. (INTC) Closes at 22.66, Marking a -3.33 Increase/Decrease

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In the latest session, Intel Corp. (NASDAQ: INTC) closed at $22.66 down -3.33% from its previous closing price of $23.44. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 67.39 million shares were traded. INTC stock price reached its highest trading level at $23.72 during the session, while it also had its lowest trading level at $22.47.

Ratios:

For a deeper understanding of Intel Corp.’s stock, let’s take a closer look at its various ratios. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 96894156800 and an Enterprise Value of 125955080192. As of this moment, Intel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 98.69, and their Forward P/E ratio for the next fiscal year is 20.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 2.285 whereas that against EBITDA is 11.895.

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 6.92%, while the 200-Day Moving Average is calculated to be -32.18%.

Shares Statistics:

For the past three months, INTC has traded an average of 82.66M shares per day and 50939270 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 65.15% stake in the company. Shares short for INTC as of 1727654400 were 117683577 with a Short Ratio of 1.42, compared to 1724976000 on 108162831. Therefore, it implies a Short% of Shares Outstanding of 117683577 and a Short% of Float of 2.75.

Dividends & Splits

According to the company, the forward annual dividend rate for INTC is 0.50, from 0.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021331057The stock’s 5-year Average Dividend Yield is 2.85.

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