During the last session, Intel Corp. (NASDAQ:INTC)’s traded shares were 62.02 million, with the beta value of the company hitting 1.06. At the end of the trading day, the stock’s price was $35.11, reflecting an intraday gain of 1.77% or $0.61. The 52-week high for the INTC share is $51.28, that puts it down -46.06 from that peak though still a striking 23.53% gain since the share price plummeted to a 52-week low of $26.85. The company’s market capitalization is $148.45B, and the average trade volume was 48.80 million shares over the past three months.
Intel Corp. (NASDAQ:INTC) trade information
Intel Corp. (INTC) registered a 1.77% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.77% in intraday trading to $35.11, hitting a weekly high. The stock’s 5-day price performance is 0.20%, and it has moved by -16.38% in 30 days. Based on these gigs, the overall price performance for the year is 21.57%.
Intel Corp. (INTC) estimates and forecasts
Statistics show that Intel Corp. has outperformed its competitors in share price, compared to the industry in which it operates. Intel Corp. (INTC) shares have gone up 1.50% during the last six months, with a year-to-date growth rate more than the industry average at 21.90% against -1.90. In the rating firms’ projections, revenue will decrease -1.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 11.94B as predicted by 31 analyst(s). Meanwhile, a consensus of 31 analyst(s) estimates revenue growth to 12.68B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 11.04B and 12.95B respectively. In this case, analysts expect current quarter sales to grow by 8.10% and then drop by -2.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -38.29%. While earnings are projected to return 24.04% in 2024, the next five years will return 43.05% per annum.
INTC Dividends
Intel Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Intel Corp. is 0.50, with the dividend yield indicating at 1.42 percent, continuing the trend of increasing dividends in recent years.
