News articles about Intel Corporation (NASDAQ:INTC) have trended somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Intel Corporation earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media coverage about the chip maker an impact score of 44.5749480153669 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment’s analysis:
- TV Plus Renews Commitment for Satellite Distribution Services on Premier Video Neighborhood Intelsat 19 (markets.financialcontent.com)
- Is Intel Corporation a Buy? (fool.com)
- [$$] Chipmakers bet on the ‘big bang’ of artificial intelligence (finance.yahoo.com)
- NVIDIA (NVDA) vs. Intel (INTC): Is it a Tie in the AI market? – Nasdaq (nasdaq.com)
- INTC, TXN, NVDA: Which Chip Maker to Bet On Post-Q3 Earnings? – Yahoo Finance (finance.yahoo.com)
A number of analysts recently weighed in on the company. B. Riley restated a “buy” rating and issued a $46.00 price target on shares of Intel Corporation in a research note on Friday, July 28th. Summit Redstone restated a “hold” rating on shares of Intel Corporation in a research note on Saturday, July 22nd. BMO Capital Markets restated a “market perform” rating and issued a $34.00 price target on shares of Intel Corporation in a research note on Sunday, July 30th. BidaskClub downgraded Intel Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Finally, Canaccord Genuity lifted their price target on Intel Corporation from $41.00 to $45.00 and gave the company a “hold” rating in a research note on Friday. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $43.40.
Intel Corporation (INTC) traded down $1.02 on Friday, reaching $44.63. The company had a trading volume of 62,637,555 shares, compared to its average volume of 35,290,300. Intel Corporation has a 12-month low of $33.23 and a 12-month high of $47.30. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.39. The firm has a market cap of $208,868.41, a PE ratio of 14.03, a P/E/G ratio of 1.63 and a beta of 1.09.
Intel Corporation (NASDAQ:INTC) last posted its earnings results on Thursday, October 26th. The chip maker reported $1.01 EPS for the quarter, beating the consensus estimate of $0.80 by $0.21. Intel Corporation had a return on equity of 22.65% and a net margin of 22.31%. The firm had revenue of $16.15 billion for the quarter, compared to analysts’ expectations of $15.73 billion. During the same period last year, the firm earned $0.80 EPS. The firm’s revenue was up 2.4% compared to the same quarter last year. equities analysts predict that Intel Corporation will post 3.25 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Tuesday, November 7th will be given a $0.2725 dividend. This represents a $1.09 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend is Monday, November 6th. Intel Corporation’s dividend payout ratio is currently 38.11%.
In other news, CEO Brian M. Krzanich sold 61,860 shares of Intel Corporation stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $38.74, for a total transaction of $2,396,456.40. Following the transaction, the chief executive officer now directly owns 543,948 shares in the company, valued at approximately $21,072,545.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Venkata S. M. Renduchintala sold 1,424 shares of Intel Corporation stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $46.73, for a total value of $66,543.52. Following the transaction, the insider now owns 1,536 shares in the company, valued at $71,777.28. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 659,036 shares of company stock worth $28,872,880. 0.08% of the stock is owned by insiders.
Intel Corporation Company Profile
Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).
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