Following A -8.53% Weekly Decline, Is It Still A Buy For Intel Corp (NASDAQ: INTC)?

Intel Corp (NASDAQ:INTC)’s traded shares stood at 27.45 million during the latest session, with the company’s beta value hitting 1.02. At the last check today, the stock’s price was $23.86, to imply an increase of 1.47% or $0.34 in intraday trading. The INTC share’s 52-week high remains $46.63, putting it -95.43% down since that peak but still an impressive 22.42% since price per share fell to its 52-week low of $18.51.

Analysts have given a consensus recommendation of Hold for Intel Corp (INTC), translating to a mean rating of 3.11. 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.

Intel Corp (NASDAQ:INTC) trade information

After registering a 1.47% 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 -8.53%, and 20.53% over 30 days. With these gigs, the year-to-date price performance is 19.03%.

The extremes give us $18 and $25 for target low and target high price respectively. As such, INTC has been trading -4.78% off suggested target high and 24.56% from its likely low.

INTC Dividends

Intel Corp has its next earnings report out in March. 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 0.25, with the share yield ticking at 1.05% to continue the rising pattern observed over the past year.

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.

We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Intel Corp (INTC) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 122.0 shares. This is just over 2.82% of the total shares, with a market valuation of $2.93 billion. Data from the same date shows that the other fund manager holds a little less at 111.75, or 2.58% of the shares, all valued at about 2.68 billion.