rts logo

Things appear to be looking up for Intel Corp. (INTC)

Intel Corp. (NASDAQ: INTC) is -12.56% lower on its value in year-to-date trading and has touched a low of $26.85 and a high of $51.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INTC stock was last observed hovering at around $44.52 in the last trading session, with the day’s loss setting it -0.58%.

Currently trading at $43.94, the stock is 0.97% and 0.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 31.85 million and changing -1.30% at the moment leaves the stock 10.89% off its SMA200. INTC registered 36.93% gain for a year compared to 6-month gain of 23.60%. The firm has a 50-day simple moving average (SMA 50) of $3.87 and a 200-day simple moving average (SMA200) of $18.69.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 0.27% loss in the last 1 month and extending the period to 3 months gives it a -12.56%, and is 5.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.15% over the week and 3.07% over the month.

Intel Corp. (INTC) has around 124800 employees, a market worth around $185.78B and $54.23B in sales. Current P/E ratio is 113.89 and Fwd P/E is 19.66. Profit margin for the company is 3.11%. Distance from 52-week low is 63.62% and -14.31% from its 52-week high. The company has generated returns on investments over the last 12 months (1.10%).

Intel Corp. quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $12.77B over the same period.The EPS is expected to grow by 30.23% this year, but quarterly earnings will post 5.90% year-over-year. Quarterly sales are estimated to grow 15.70% in year-over-year returns.

Intel Corp. (INTC) Top Institutional Holders

3,469 institutions hold shares in Intel Corp. (INTC), with institutional investors hold 67.86% of the company’s shares. The shares outstanding are 4.23B, and float is at 4.23B with Short Float at 1.71%. Institutions hold 67.82% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 379.49 million shares valued at $12.69 billion. The investor’s holdings represent 9.06% of the INTC Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 333.46 million shares valued at $11.15 billion to account for 7.96% of the shares outstanding. The other top investors are State Street Corporation which holds 181.56 million shares representing 4.34% and valued at over $6.07 billion, while Geode Capital Management, LLC holds 2.03% of the shares totaling 84.9 million with a market value of $2.84 billion.

Intel Corp. (INTC) Insider Activity

The most recent transaction is an insider purchase by GELSINGER PATRICK P,the company’sCEO. SEC filings show that GELSINGER PATRICK P bought 2,800 shares of the company’s common stock on Feb 01 ’24 at a price of $42.74 per share for a total of $0.12 million. Following the purchase, the insider now owns 31275.0 shares.

Intel Corp. disclosed in a document filed with the SEC on Jan 29 ’24 that GELSINGER PATRICK P (CEO) bought a total of 3,000 shares of the company’s common stock. The trade occurred on Jan 29 ’24 and was made at $43.36 per share for $0.13 million. Following the transaction, the insider now directly holds 28475.0 shares of the INTC stock.

Still, SEC filings show that on Nov 01 ’23, GELSINGER PATRICK P (CEO) acquired 6,775 shares at an average price of $36.80 for $0.25 million. The insider now directly holds 25,475 shares of Intel Corp. (INTC).

Related Posts