What do Analysts suggest for: Intel Corporation (NASDAQ:INTC)
- Author: Zachary Reyes Nov 03, 2016,
Nov 03, 2016, 22:46
Sanford C. Bernstein set a $33.00 price objective on Intel Corp. The brokerage now has a a neutral rating on the chip maker's stock. 21 presented the recommendations about the stock as a "Buy" signal and "Overweight" signal was reported by 3. Wells Fargo & Co. reiterated a "market perform" rating on shares of EMC Corp.in a research report on Wednesday, August 31st.
The stock has received rating from many Reuters analysts. The company presently has an average rating of Buy and an average price target of $39.87. According to the ETF Finder at ETF Channel, INTC makes up 19.34% of the ProShares Ultra Semiconductors ETF (Symbol: USD) which is trading lower by about 3.1% on the day Tuesday. The market capitalization of the company is at $164.54 Billion. Intel Corporation (NASDAQ:INTC)'s distance from 20 day simple moving average is -5.34% whereas its distance from 50 day simple moving average is -5.26% along with 5.69% distance from 200 day simple moving average. Company stock is -9.80% away from its one year high and is moving 27.04% ahead of its one year low. Of all companies tracked, Intel Corp. had the 12th highest net in-flow for the day. The median estimate represents a +15.14% increase from the last price of 34.74. 1 brokerage firms have suggested Sell for the company. In contrast to the year ago quarter EPS was at 0.56. In the last six months the stock's performance soared 16.52% while yearly performance of the company advanced 4.49%.The company's year to date (YTD) performance is at 2.73%.
More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Fool.com which released: "3 Ways Intel Corporation Has Changed in 3 Years" on November 01, 2016, also Fool.com with their article: "3 Possible Reasons for Intel Corporation's Increased Data-Center Spending" published on November 01, 2016, Fool.com published: "Intel Corporation Needs to Deliver a Revolution With Icelake" on October 31, 2016. The company had revenue of $15778.00 million for the quarter, compared to analysts expectations of $15605.45 million. Even with dividends reinvested, that only amounts to an average annual total return of about 1.6%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. Intel Corp.'s dividend payout ratio (DPR) is 49.06%. Vanguard Group Inc. now owns 299,534,545 shares of the chip maker's stock valued at $9,824,733,000 after buying an additional 5,697,051 shares during the last quarter. The stock hit its 52-week high price on 10/10/16 and 52-week low price on 2/11/16. The company recorded a trading capacity of 0 shares below its three months average daily volume of 8.69 million shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. A trade or transaction occurs when the buyer and seller agree on a price for the security. The shares were sold at an average price of $36.50, for a total transaction of $9,132,008.00. INTC CEO Krzanich Brian M also sold 67,508 shares, at a stock price of $37.71. The disclosure for this sale can be found here.
Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Intel Corp.by 1.9% in the second quarter.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Intel Corporation (NASDAQ:INTC) beats earnings by 91%%, The Stock Missed Earnings 1 times and has met earnings 0 times. These ratios are important while doing valuation of the company or the shares of the company. The stock now has Weekly Volatility of 1.45% and Monthly Volatility of 1.53%. Stratos Wealth Partners LTD. boosted its stake in Intel Corp.by 15.2% in the first quarter.
When we have a peek on stock's historical trends we come to know that, the stock has slipped -1.65% in the past one week and plunged -8.34% during previous one month drive, the stock went up 0.79% during past quarter. The stock now showing Weekly Volatility of 1.17%% and Monthly Volatility of 1.51% Percent with Average True Range of 0.62 and Beta of 1.06.
Intel Corporation's (INTC) is a part of Technology sector and belongs to Semiconductor - Broad Line industry.