Intel Corp (NASDAQ:INTC) has a beta value of -44.42% and has seen 88.89 shares traded in the last trading session. The company, currently valued at $91.95B, closed the last trade at $21.49 per share which meant it gained $0.08 on the day or 21.08% during that session. The INTC stock price is -72.92% off its 52-week high price of $37.16 and 17.78% above the 52-week low of $17.67. If we look at the company’s 10-day average daily trading volume, we find that it stood at 104.89 million shares traded. The 3-month trading volume is 1.50 shares.
The consensus among analysts is that Intel Corp (INTC) is Hold stock at the moment, with a recommendation rating of 52.73. 4 analysts rate the stock as a Sell, while 0 rate it as Overweight. 16 out of 31 have rated it as a Hold, with 11 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.
Intel Corp (NASDAQ:INTC) trade information
Sporting 21.08% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the INTC stock price touched $21.49 or saw a rise of 1.83%. Year-to-date, Intel Corp shares have moved -31.96%, while the 5-day performance has seen it change 1.49%. Over the past 30 days, the shares of Intel Corp (NASDAQ:INTC) have changed -0.89%. Short interest in the company has seen 103.17 million shares shorted with days to cover at 1.55.
Wall Street analysts have a consensus price target for the stock at $22, which means that the shares’ value could jump 2.32% from current levels. The projected low price target is $19.0 while the price target rests at a high of $29.0. In that case, then, we find that the current price level is -34.95% off the targeted high while a plunge would see the stock lose 11.59% from current levels.
Intel Corp (INTC) estimates and forecasts
The company’s shares have gained 1.20% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -5.09%.
34 analysts offering their estimates for the company have set an average revenue estimate of 11.88B for the current quarter. 33 have an estimated revenue figure of 12.6B for the next ending quarter. Year-ago sales stood 12.83B and 13.28B respectively for this quarter and the next, and analysts expect sales will shrink by -7.40% for the current quarter and -5.09% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was – – over the past 5 years.
INTC Dividends
Intel Corp is expected to release its next earnings report on 2025-Apr-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.04 at a share yield of 0.20%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.79%.
Intel Corp (NASDAQ:INTC)’s Major holders
Insiders own 0.08% of the company shares, while shares held by institutions stand at 67.44% with a share float percentage of 67.49%. Investors are also buoyed by the number of investors in a company, with Intel Corp having a total of 2759.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 393.49 million shares worth more than $12.19 billion. As of 2024-06-30, VANGUARD GROUP INC held 9.2216% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 361.67 million shares as of 2024-06-30. The firm’s total holdings are worth over $11.2 billion and represent 8.476% of shares outstanding.
