Intel Corp (INTC) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 57.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 79.1 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $24.54 whereas the lowest price it dropped to was $24.095. The 52-week range on INTC shows that it touched its highest point at $51.28 and its lowest point at $18.51 during that stretch. It currently has a 1-year price target of $24.71. With its current market cap of 104.37 billion, INTC has annualized dividend of $0.38 while the current yield stands at 1.55%. Beta for the stock currently stands at 1.04.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INTC was up-trending over the past week, with a rise of 0.17%, but this was up by 5.95% over a month. Three-month performance surged to 13.03% while six-month performance fell -23.76%. The stock lost -44.76% in the past year, while it has lost -51.84% so far this year. A look at the trailing 12-month EPS for INTC yields -3.72 with Next year EPS estimates of 0.98. For the next quarter, that number is 0.12. This implies an EPS growth rate of -112.24% for this year and 863.96% for next year. EPS is expected to grow by 9.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -38.29%.

Float and Shares Shorts:

At present, 4.31 billion INTC shares are outstanding with a float of 4.31 billion shares on hand for trading. On 2024-10-31, short shares totaled 105.53 million, which was 245.00001 higher than short shares on 1727654400. In addition to Mr. Patrick P. Gelsinger as the firm’s CEO & Director, Mr. David A. Zinsner serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.64523005 of INTC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, INTC reported revenue of $13284000000.0 and operating income of -$3435000000.0. The EBITDA in the recently reported quarter was $555000000.0 and diluted EPS was -$3.88.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INTC since 31 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 4 suggest SELL ratings. Of the remaining analysts, 16 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With INTC analysts setting a high price target of 31.0 and a low target of 20.0, the average target price over the next 12 months is 24.67559. Based on these targets, INTC could surge 28.1% to reach the target high and fall by -17.36% to reach the target low. Reaching the average price target will result in a growth of 1.97% from current levels.

Analysts have provided yearly estimates in a range of $1.04375 being high and -$0.29298 being low. For INTC, this leads to a yearly average estimate of -$0.12818. The surprise factor in the prior quarter was $0.1. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.1.