After A 1.12% Gain In Share Price, Is Intel Corp. (NASDAQ:INTC) A Better Trade Than Others?

In recent trading session, Intel Corp. (NASDAQ:INTC) saw 10.42 million shares changing hands at last check today with its beta currently measuring 1.02. Company’s recent per share price level of $22.56 trading at $0.25 or 1.12% at last check today assigns it a market valuation of $96.47B. That most recent trading price of INTC’s stock is at a discount of -127.3% from its 52-week high price of $51.28 and is indicating a premium of 17.95% from its 52-week low price of $18.51. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 51.26 million shares which gives us an average trading volume of 83.62 million if we extend that period to 3-months.

For Intel Corp. (INTC), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.09. Splitting up the data highlights that, out of 31 analysts covering the stock, 4 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 16 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.02 in the current quarter.

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Intel Corp. (NASDAQ:INTC) trade information

Upright in the green today for gaining 1.12%, in the last five days INTC remained trading in the red while hitting it’s week-highest on Friday, 10/11/24 when the stock touched $22.56 price level, adding 5.29% to its value on the day. Intel Corp.’s shares saw a change of -55.10% in year-to-date performance and have moved -2.84% in past 5-day. Intel Corp. (NASDAQ:INTC) showed a performance of 8.62% in past 30-days. Number of shares sold short was 117.68 million shares which calculate 1.07 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 33.5 to the stock, which implies a rise of 32.66% to its recent value today. Analysts have been projecting 17 as a low price target for the stock while placing it at a high target of 72. It follows that stock’s current price would jump 24.65% in reaching the projected high whereas dropping to the targeted low would mean a gain of 24.65% for stock’s current value.

Intel Corp. (INTC) estimates and forecasts

Statistics highlight that Intel Corp. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -35.62% of value to its shares in past 6 months, showing an annual growth rate of -74.29% while that of industry is -22.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -3.60% from the last financial year’s standing.

30 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 13.02B for the same. And 30 analysts are in estimates of company making revenue of 13.69B 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 -74.18% while estimates for its earnings growth in next 5 years are of 15.71%.

INTC Dividends

Intel Corp. is more likely to be releasing its next quarterly report on 2024-Oct-31 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. With an annual yield of 2.22%, the share has a forward dividend of 0.50 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.85%.

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

Insiders are in possession of 0.06% of company’s total shares while institution are holding 67.53 percent of that, with stock having share float percentage of 67.57%. Investors also watch the number of corporate investors in a company very closely, which is 67.53% institutions for Intel Corp. that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at INTC for having 393.49 million shares of worth $12.19 billion. And as of 2024-06-30, it was holding 9.276 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 361.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.5259 of outstanding shares, having a total worth of $11.2 billion.