In the last trading session, 21.43 million shares of the Intel Corp (NASDAQ:INTC) were traded, and its beta was 1.15. Most recently the company’s share price was $21.89, and it changed around -$0.85 or -3.74% from the last close, which brings the market valuation of the company to $94.78B. INTC currently trades at a discount to its 52-week high of $46.63, offering almost -113.02% off that amount. The share price’s 52-week low was $18.51, which indicates that the current value has risen by an impressive 15.44% since then.
Intel Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.11. If we narrow it down even further, the data shows that 1 out of 44 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 38 recommended INTC as a Hold, whereas 2 deemed it a Buy, and 3 rated it as Underweight. Intel Corp is expected to report earnings per share of 0.0 for the current quarter.
Intel Corp (NASDAQ:INTC) trade information
Instantly INTC has showed a red trend with a performance of -3.74% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 25.04 on recent trading dayincreased the stock’s daily price by 12.58%. The company’s shares are currently up 9.18% year-to-date, but still down -4.78% over the last five days. On the other hand, Intel Corp (NASDAQ:INTC) is 12.66% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $23.5, which translates to bulls needing to increase their stock price by 6.85% from its current value. Analyst projections state that INTC is forecast to be at a low of $18 and a high of $29.
Intel Corp (INTC) estimates and forecasts
The year-over-year growth rate is expected to be 0.83%, up from the previous year.
Consensus estimates provided by 30 financial analysts predict the company will bring in an average of 12.27B in revenue for the current quarter. 30 analysts expect Intel Corp to make 12.83B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 12.72B and 12.83B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -3.58%. Forecasts for the next quarter put sales growth at -0.01%.
INTC Dividends
Intel Corp’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 1.14 percent and its annual dividend per share was 0.25. It is important to note, however, that the 1.14% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Intel Corp (NASDAQ:INTC)’s Major holders
BLACKROCK INC., with 8.5259% or 361.67 million shares worth $11.2 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 122.0 shares worth $2.6 billion, making up 2.82% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 116.75 shares worth around $2.49 billion, which represents about 2.70% of the total shares outstanding.
