In last trading session, Intel Corp. (NASDAQ:INTC) saw 48.14 million shares changing hands with its beta currently measuring 1.06. Company’s recent per share price level of $30.51 trading at $0.14 or 0.46% at ring of the bell on the day assigns it a market valuation of $129.88B. That closing price of INTC’s stock is at a discount of -68.08% from its 52-week high price of $51.28 and is indicating a premium of 12.0% from its 52-week low price of $26.85. Taking a look at company’s average trading volume volume of 49.19 million if we extend that period to 3-months.
Intel Corp. (NASDAQ:INTC) trade information
Upright in the green during last session for gaining 0.46%, in the last five days INTC remained trading in the red while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $30.51 price level, adding 5.37% to its value on the day. Intel Corp.’s shares saw a change of -39.28% in year-to-date performance and have moved -13.10% in past 5-day. Intel Corp. (NASDAQ:INTC) showed a performance of -24.35% in past 30-days.
Intel Corp. (INTC) estimates and forecasts
Statistics highlight that Intel Corp. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -16.41% of value to its shares in past 6 months, showing an annual growth rate of 4.76% while that of industry is -20.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.00% from the last financial year’s standing.
29 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 13.03B for the same. And 29 analysts are in estimates of company making revenue of 14.43B in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -38.29% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 9.94% while estimates for its earnings growth in next 5 years are of 43.05%.
INTC Dividends
Intel Corp. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
