Buying Intel Corporation (INTC) Stock Is A Smart Move Today?

MDVL Stock
MDVL Stock

Intel Corporation (NASDAQ:INTC) finished Thursday with a subtraction of -$0.4 to close at $28.07, a downside of -1.40 percent. An average of 42,619,723 shares of common stock have been traded in the last five days. There was a fall of -$0.77 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 41,124,273 shares traded, while the 50-day average volume stands at 41,679,809.

INTC stock has decreased by -17.32% in the last month. The company shares reached their 1-month lowest point of $28.04 on 09/22/22. With the stock rallying to its 52-week high on 01/12/22, shares of the company touched a low of $28.42 and a high of $56.28 in 52 weeks. It has reached a new high 4 times so far this year and lost -45.50% or -$23.43 in price. In spite of this, the price is down -50.12% from the 52-week high.

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Insider Transactions

233 days have passed since Intel Corporation (INTC) last reported insider trading activity. Rodgers Steven Ralph, who is EVP General Counsel, most recently acquired $22,900 shares at $48.27 per share on Feb 02. In this transaction, the insider spent $1,105,383. EVP General Counsel, Rodgers Steven Ralph, disposed of 3,863 shares at a price of $48.81 on Feb 01. The insider now owns more than $188,553 worth of shares. Prior to that, EVP, GM, CCG Bryant Gregory M went on to Sale 1,417 shares at $49.69 each on Dec 03. An amount of $70,411 was transacted.

Valuation Metrics

Intel Corporation (INTC) has a trailing price-to-earnings (P/E) ratio of 6.02. The stock’s beta is 0.66. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.55, the price-to-book (PB) ratio at 1.14, and the price-to-cash flow ratio at 7.35.

The company has a payout ratio of 30.40%. The company’s most recent quarterly dividend payment was $0.3650 a share, without any change from last year. Its latest increase dividend $0.0175 reported on Wednesday January 26 2022.

Financial Health

The quick ratio of Intel Corporation for the three months ended June 29 was 1.40, and the current ratio was 1.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.32 and a total debt to equity ratio of 0.35 for the quarter ending June 29. Its gross profit as reported stood at $43.81 billion compared to revenue of $79.02 billion.

Earnings Surprise

For the three-month period that ended June 29, Intel Corporation had $22.65 billion in cash and short-term investments compared to $32.55 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$454.0 million in the quarter, while revenues of $8.11 billion were grew 1214.76%. The analyst consensus anticipated Intel Corporation’s latest quarter earnings to come in at $0.7 per share, but it turned out to be $0.29, a -58.60% surprise. For the quarter, EBITDA amounted to $2.45 billion. Shareholders own equity worth $4.11 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Intel Corporation (INTC) price momentum. RSI 9-day as of the close on 22 September was 22.66%, suggesting the stock is oversold, with historical volatility in this time frame at 41.27%.

As of today, INTC’s price is $28.84 -2.67% or -$0.77 from its 5-day moving average. INTC is currently trading -17.10% lower than its 20-day SMA and -35.60% lower than its 100-day SMA. However, the stock’s current price level is -24.56% below the SMA50 and -44.95% below the SMA200.

The stochastic %K and %D were 5.19% and 11.60%, respectively, and the average true range (ATR) was 0.89. With the 14-day stochastic at 0.69% and the average true range at 0.93, the RSI (14) stands at 25.72%. The stock has reached -0.73 on the 9-day MACD Oscillator while the 14-day reading was at -1.32.

Analyst Ratings

Stifel launched coverage on Intel Corporation (NASDAQ: INTC) in its analyst report released on September 08, 2022. The firm assigned the stock a Hold rating. The consensus rating for Intel Corporation (INTC) among analysts is Hold. According to current brokerage recommendations, 7 brokerage firms advise that investors sell INTC, while 21 suggest investors hold. There are 2 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 6 others rate it as a “buy”.

What is INTC’s price target for the next 12 months?

Analysts predict a range of price targets between $20.00 and $56.28, with a median target of $37.00. Taking a look at these predictions, the average price target given by analysts for Intel Corporation (INTC) stock is $37.34.


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