Intel Corp (NASDAQ: INTC) Gain Of 26.9% Compared To 52-Week Low; YTD Fall -49.62% – What Should You Do Now?

Intel Corp (NASDAQ:INTC)’s traded shares stood at 10.85 million during the latest session, with the company’s beta value hitting 1.05. At the last check today, the stock’s price was $25.32, to imply an increase of 1.59% or $0.4 in intraday trading. The INTC share’s 52-week high remains $51.28, putting it -102.53% down since that peak but still an impressive 26.9% since price per share fell to its 52-week low of $18.51. The company has a valuation of $109.18B, with an average of 92.52 million shares in intraday trading volume over the past 10 days and average of 79.50 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Intel Corp (INTC), translating to a mean rating of 3.07. Of 31 analyst(s) looking at the stock, 4 analyst(s) give INTC a Sell rating. 0 of those analysts rate the stock as Overweight while 16 advise Hold as 11 recommend it as a Buy.

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Intel Corp (NASDAQ:INTC) trade information

After registering a 1.59% upside in the latest session, Intel Corp (INTC) has traded red over the past five days. The 5-day price performance for the stock is -3.49%, and 13.47% over 30 days. With these gigs, the year-to-date price performance is -49.62%. Short interest in Intel Corp (NASDAQ:INTC) saw shorts transact 105.53 million shares and set a 1.89 days time to cover.

The extremes give us $17 and $72 for target low and target high price respectively. As such, INTC has been trading -184.36% off suggested target high and 32.86% from its likely low.

Intel Corp (INTC) estimates and forecasts

Looking at statistics comparing Intel Corp share performance against respective industry, we note that the company has underperformed competitors. Intel Corp (INTC) shares are -20.96% down over the last 6 months, with its year-to-date growth rate lower than industry average at -106.67% against -27.60%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -38.29% for the past 5-year period. While 2024 is set for a -110.87% return in earnings, projections for the next 5 years are at 9.72% annually.

INTC Dividends

Intel Corp has its next earnings report out on 2025-Jan-23. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Intel Corp has a forward dividend ratio of 0.50, with the share yield ticking at 1.98% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.85%.

Intel Corp (NASDAQ:INTC)’s Major holders

Intel Corp insiders hold 0.06% of total outstanding shares, with institutional holders owning 64.66% of the shares at 64.70% float percentage. In total, 64.66% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 393.49 million shares (or 9.276% of shares), all amounting to roughly $12.19 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 361.67 million shares, or about 8.5259% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.2 billion.