During the recent session, Intel Corp (NASDAQ:INTC)’s traded shares were 21.75 million, with the beta value of the company hitting 1.17. At the last check today, the stock’s price was $20.62, reflecting an intraday loss of -0.63% or -$0.13. The 52-week high for the INTC share is $46.63, that puts it down -126.14 from that peak though still a striking 10.23% gain since the share price plummeted to a 52-week low of $18.51. The company’s market capitalization is $89.28B, and the average trade volume was 90.54 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 3.07. 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. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.0.
Intel Corp (NASDAQ:INTC) trade information
Intel Corp (INTC) registered a -0.63% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.63% in intraday trading to $20.62, hitting a weekly high. The stock’s 5-day price performance is -13.11%, and it has moved by 4.94% in 30 days. Based on these gigs, the overall price performance for the year is -52.22%.
The consensus price target of analysts on Wall Street is $23.5, which implies an increase of 12.26% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $29 respectively. As a result, INTC is trading at a discount of -40.64% off the target high and 12.71% off the low.
Intel Corp (INTC) estimates and forecasts
In the rating firms’ projections, revenue will increase 0.87% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.26B as predicted by 32 analyst(s). Meanwhile, a consensus of 32 analyst(s) estimates revenue growth to 12.83B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 12.72B and 12.83B respectively.
INTC Dividends
Intel Corp is due to release its next quarterly earnings in April. 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 0.25, with the dividend yield indicating at 1.21 percent, continuing the trend of increasing dividends in recent years.
Intel Corp (NASDAQ:INTC)’s Major holders
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.
Also, the Mutual Funds coming in first place with the largest holdings of Intel Corp (INTC) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 122.0 shares. This amounts to just over 2.82 percent of the company’s overall shares, with a $2.51 billion market value. The same data shows that the other fund manager holds slightly less at 116.75, or about 2.70% of the stock, which is worth about $2.4 billion.
