In the last trading session, 88.24 million Intel Corp (NASDAQ:INTC) shares changed hands as the company’s beta touched 1.02. With the company’s per share price at $22.99 changed hands at -$1.28 or -5.27% during last session, the market valuation stood at $99.55B. INTC’s last price was a discount, traded about -102.83% off its 52-week high of $46.63. The share price had its 52-week low at $18.51, which suggests the last value was 19.49% up since then.
Analysts gave the Intel Corp (INTC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.11. 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’s EPS for the current quarter is expected to be 0.0.
Intel Corp (NASDAQ:INTC) trade information
Instantly INTC was in red as seen at the end of in last trading. With action -16.06%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 14.66%, with the 5-day performance at -16.06% in the red. However, in the 30-day time frame, Intel Corp (NASDAQ:INTC) is 10.37% up.
The consensus price target for the stock as assigned by Wall Street analysts is 21.5, meaning bulls need a downside of -6.93% from its current market value. According to analyst projections, INTC’s forecast low is 18 with 25 as the target high. To hit the forecast high, the stock’s price needs a -8.74% plunge from its current level, while the stock would need to tank 21.71% for it to hit the projected low.
Intel Corp (INTC) estimates and forecasts
Year-over-year growth is forecast to reach 0.83% up from the last financial year.
Consensus estimates given by 30 financial analysts project the company’s revenue in the current quarter to hit an average of 12.27B. 30 analysts are of the opinion that Intel Corp’s revenue for the current quarter will be 12.83B. The company’s revenue for the corresponding quarters a year ago was 12.72B and 12.83B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.58%. The estimates for the next quarter sales put growth at -0.01%.
The 2025 estimates are for Intel Corp earnings to increase by 490.68%.
INTC Dividends
Intel Corp is expected to release its next quarterly earnings report in March. The 1.09% annual yield figure for the share gives it an annual dividend of 0.25. It is important to note, however, that the 1.09% 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.
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.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . With 122.0 shares estimated at $2.8 billion under it, the former controlled 2.82% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.58% of the shares, roughly 111.75 shares worth around $2.57 billion.
