In the last trading session, 65.66 million Intel Corp. (NASDAQ:INTC) shares changed hands as the company’s beta touched 1.02. With the company’s per share price at $23.46 changed hands at -$0.45 or -1.88% during last session, the market valuation stood at $100.31B. INTC’s last price was a discount, traded about -118.58% off its 52-week high of $51.28. The share price had its 52-week low at $18.51, which suggests the last value was 21.1% up since then. When we look at Intel Corp.’s average trading volume, we note the 10-day average is 133.73 million shares, with the 3-month average coming to 82.95 million.

Analysts gave the Intel Corp. (INTC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.09. If we narrow down to specifics, the data shows that 4 out of 31 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 16 recommended INTC as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight.

Intel Corp. (NASDAQ:INTC) trade information

Instantly INTC was in red as seen at the end of in last trading. With action 3.99%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -53.31%, with the 5-day performance at 3.99% in the green. However, in the 30-day time frame, Intel Corp. (NASDAQ:INTC) is 16.54% up. Looking at the short shares, we see there were 116.72 million shares sold at short interest cover period of 1.61 days.

The consensus price target for the stock as assigned by Wall Street analysts is 33.5, meaning bulls need an upside of 29.97% from its current market value. According to analyst projections, INTC’s forecast low is 17 with 72 as the target high. To hit the forecast high, the stock’s price needs a -206.91% plunge from its current level, while the stock would need to tank 27.54% for it to hit the projected low.

Intel Corp. (INTC) estimates and forecasts

Data shows that the Intel Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -47.30% over the past 6 months, a -74.29% in annual growth rate that is considerably lower than the industry average of -21.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -38.29%. The 2024 estimates are for Intel Corp. earnings to decrease by -73.69%, but the outlook for the next 5-year period is at 20.98% per year.

INTC Dividends

Intel Corp. is expected to release its next quarterly earnings report in November. The 2.13% annual yield figure for the share gives it an annual dividend of 0.50. It is important to note, however, that the 2.13% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.86 per year.

Intel Corp. (NASDAQ:INTC)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.06% of Intel Corp. shares while 67.75% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 67.79%. There are 67.75% institutions holding the Intel Corp. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.276% of the shares, roughly 393.49 million INTC shares worth $12.19 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.5259% or 361.67 million shares worth $11.2 billion as of 2024-06-30.