During the recent session, Intel Corp (NASDAQ:INTC)’s traded shares were 9.53 million, with the beta value of the company hitting 1.07. At the last check today, the stock’s price was $20.14, reflecting an intraday loss of -0.40% or -$0.08. The 52-week high for the INTC share is $50.30, that puts it down -149.75 from that peak though still a striking 8.09% gain since the share price plummeted to a 52-week low of $18.51. The company’s market capitalization is $86.86B, and the average intraday trading volume over the past 10 days was 59.54 million shares, and the average trade volume was 68.13 million shares over the past three months.
Intel Corp (INTC) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.16. INTC has a Sell rating from 4 analyst(s) out of 31 analysts who have looked at this stock. 16 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 11 recommend a Buy rating for it.
Intel Corp (NASDAQ:INTC) trade information
Intel Corp (INTC) registered a -0.40% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.40% in intraday trading to $20.14, hitting a weekly high. The stock’s 5-day price performance is -1.47%, and it has moved by -10.37% in 30 days. Based on these gigs, the overall price performance for the year is -57.19%. The short interest in Intel Corp (NASDAQ:INTC) is 105.18 million shares and it means that shorts have 1.37 day(s) to cover.
The consensus price target of analysts on Wall Street is $23.5, which implies an increase of 14.3% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $28 respectively. As a result, INTC is trading at a discount of -39.03% off the target high and 10.63% off the low.
Intel Corp (INTC) estimates and forecasts
Statistics show that Intel Corp has underperformed its competitors in share price, compared to the industry in which it operates. Intel Corp (INTC) shares have gone down -37.10% during the last six months, with a year-to-date growth rate less than the industry average at -108.57% against -27.60.
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 -113.46% in 2025, the next five years will return 13.48% per annum.
INTC Dividends
Intel Corp is due to release its next quarterly earnings in February. 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 0.38, with the dividend yield indicating at 1.86 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.85%.
Intel Corp (NASDAQ:INTC)’s Major holders
Intel Corp insiders own 0.06% of total outstanding shares while institutional holders control 64.66%, with the float percentage being 64.70%. VANGUARD GROUP INC is the largest shareholder of the company, while 2808.0 institutions own stock in it. As of 2024-06-30, the company held over 393.49 million shares (or 9.276% of all shares), a total value of $12.19 billion in shares.
The next largest institutional holding, with 361.67 million shares, is of BLACKROCK INC.’s that is approximately 8.5259% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $11.2 billion.
