rts logo

Intel Corp. (INTC) Stock Could Soon Reward Patient Investors

Intel Corp. (NASDAQ: INTC) is -36.84% 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 $32.10 in the last trading session, with the day’s loss setting it -0.36%.

Currently trading at $31.74, the stock is 0.80% and -13.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 36.47 million and changing -1.12% at the moment leaves the stock -19.90% off its SMA200. INTC registered 6.05% gain for a year compared to 6-month loss of -27.55%.

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 -7.76% gain in the last 1 month and extending the period to 3 months gives it a -26.98%, and is 2.22% 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 1.99% over the week and 2.26% over the month.

Intel Corp. (INTC) has around 124800 employees, a market worth around $135.12B and $55.24B in sales. Current P/E ratio is 33.07 and Fwd P/E is 16.38. Profit margin for the company is 7.36%. Distance from 52-week low is 18.19% and -38.10% from its 52-week high. The company has generated returns on investments over the last 12 months (2.64%).

The EPS is expected to grow by 6.11% this year.

Intel Corp. (INTC) Top Institutional Holders

The shares outstanding are 4.26B, and float is at 4.25B with Short Float at 1.65%.

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 4,100 shares of the company’s common stock on May 01 ’24 at a price of $30.29 per share for a total of $0.12 million. Following the purchase, the insider now owns 39375.0 shares.

Intel Corp. disclosed in a document filed with the SEC on Apr 29 ’24 that GELSINGER PATRICK P (CEO) bought a total of 4,000 shares of the company’s common stock. The trade occurred on Apr 29 ’24 and was made at $31.42 per share for $0.13 million. Following the transaction, the insider now directly holds 35275.0 shares of the INTC stock.

Still, SEC filings show that on Feb 01 ’24, GELSINGER PATRICK P (CEO) acquired 2,800 shares at an average price of $42.74 for $0.12 million. The insider now directly holds 31,275 shares of Intel Corp. (INTC).

Related Posts