Intel Corp (NASDAQ: INTC) is -61.15% lower on its value in year-to-date trading and has touched a low of $18.51 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 $19.06 in the last trading session, with the day’s gains setting it 0.46%.
Currently trading at $19.52, the stock is -9.75% and -14.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 106.93 million and changing 2.41% at the moment leaves the stock -30.66% off its SMA200. INTC registered -57.34% loss for a year compared to 6-month loss of -36.15%. The firm has a 50-day simple moving average (SMA 50) of $22.7828 and a 200-day simple moving average (SMA200) of $28.15265.
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The stock witnessed a -18.70% gain in the last 1 month and extending the period to 3 months gives it a -13.48%, and is -4.03% down 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 4.60% over the week and 4.14% over the month.
Intel Corp (INTC) has around 124800 employees, a market worth around $86.22B and $54.25B in sales. Fwd P/E is 20.16. Profit margin for the company is -29.42%. Distance from 52-week low is 5.46% and -61.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.93%).
with sales reaching $13.83B over the same period.The EPS is expected to shrink by -113.46% this year, but quarterly earnings will post -2.90% year-over-year. Quarterly sales are estimated to shrink -10.24% in year-over-year returns.
Intel Corp (INTC) Top Institutional Holders
2824.0 institutions hold shares in Intel Corp (INTC), with institutional investors hold 64.72% of the company’s shares. The shares outstanding are 4.31B, and float is at 4.31B with Short Float at 2.63%. Institutions hold 64.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 393.49 million shares valued at $12.19 billion. The investor’s holdings represent 9.276% of the INTC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 361.67 million shares valued at $11.2 billion to account for 8.5259 of the shares outstanding. The other top investors are STATE STREET CORP which holds 192.54 million shares representing 4.5389% and valued at over $5.96 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.0841 of the shares totaling 88.41 million with a market value of $2.73 billion.
Intel Corp (INTC) Insider Activity
The most recent transaction is an insider sale by Holthaus Michelle Johnston, the company’s EVP & GM, CCG. SEC filings show that Holthaus Michelle Johnston sold 25,000 shares of the company’s common stock on Nov 07 ’24 at a price of $26.00 per share for a total of $0.65 million. Following the sale, the insider now owns 0.27 million shares.
Still, SEC filings show that on Nov 04 ’24, GELSINGER PATRICK P (CEO) acquired 11,150 shares at an average price of $22.53 for $0.25 million. The insider now directly holds 105,033 shares of Intel Corp (INTC).
