As of Wednesday close, Intel Corporation’s (NASDAQ:INTC) stock was down -$0.15, moving down -0.50 percent to $29.67. The average number of shares traded per day over the past five days has been 28,785,879 shares. 2 times new highs have been achieved over the past 5 days, with a $0.14 gain in that time frame. In the last twenty days, the average volume was 43,020,824, while in the previous 50 days, it was 42,909,906.
Since last month, INTC stock rose 8.25%. Shares of the company fell to $26.13 on 10/27/22, the lowest level in the past month. A 52-week high of $56.28 was reached on 01/12/22 after having rallying from a 52-week low of $24.59. Since the beginning of this year, INTC’s stock price has dropped by -42.39% or -$21.83, and marked a new high 4 times. However, the stock has declined by -47.28% since its 52-week high.
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INTC stock investors should be aware that Intel Corporation (INTC) stock had its last reported insider trading activity 9 days ago on Nov 16. TAN LIP BU, the Director of the company, purchased of 50,000 shares for $29.49 on Nov 16. It resulted in a $1,474,365 investment by the insider. TAN LIP BU added 48,146 shares at an average price of $27.98 on Nov 08. The insider now owns 50,500 shares following the transaction. On Nov 04, Director TAN LIP BU bought 1,854 shares at $27.49 apiece. The transaction was valued at $50,975.
Right now, Intel Corporation (INTC) has a P/E ratio of about 9.15. The stock’s beta is 0.74. Besides these, the trailing price-to-sales (P/S) ratio of 1.76, the price-to-book (PB) ratio of 1.22, and the price-to-cash flow ratio of 17.65 may also be considered.
The latest dividend of $0.3650 per share was paid out, remained unchanged from last year’s $0.3650. On Wednesday January 26 2022, a $0.0175 dividend increase was announced.
In the three months ended September 29, Intel Corporation’s quick ratio stood at 1.30, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.37, and the total debt-to-equity ratio was 0.40. On the profitability front, the trailing twelve-month gross margin is 46.60% percent. In the year ended September 29, operating margins totaled 13.60%. Based on annual data, INTC earned $43.81 billion in gross profit and brought in $79.02 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.20%. Return on equity (ROE) for the past 12 months was 13.30%.
In Intel Corporation’s quarter-end financial report for September 29, it reported total debt of $37.24 billion against cash and short-term investments of $18.03 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. INTC’s revenue fell -25.13% to $15.32 billion during the quarter, while net income inched up to $15.34 billion. While analysts expected Intel Corporation to report $0.32 quarterly earnings, the actual figure was $0.59 per share, beating the consensus estimate by 84.40%. During the quarter, the company generated $3.08 billion in EBITDA. The liabilities of Intel Corporation were 74.96 billion at the end of its most recent quarter ended September 29, and its total debt was $39.52 billion. The value of shareholders’ equity is $4.13 billion.
This quick technical analysis looks at Intel Corporation’s (INTC) price momentum. With a historical volatility rate of 51.78%, the RSI 9-day stood at 55.54% on 23 November.
With respect to its five-day moving average, the current Intel Corporation price is up by +0.47% percent or $0.14. At present, INTC shares trade +9.04% above its 20-day simple moving average and -19.13% percent below its 100-day simple moving average. However, the stock is currently trading approximately +1.68% above its SMA50 and -39.21% below its SMA200.
Stochastic coefficient K was 54.57% and Stochastic coefficient D was 56.36%, while ATR was 1.03. Given the Stochastic reading of 57.58% for the 14-day period, the RSI (14) reading has been calculated as 55.40%. As of today, the MACD Oscillator reading stands at -0.44, while the 14-day reading stands at 0.08.
Intel Corporation (INTC) has been rated Hold by analysts. According to 8 brokerage firms, INTC is a sell, and 23 firms recommend it is a Hold. There are 2 analysts who say the stock is underweight. A total of 0 analysts rate Intel Corporation stock as buy, with 6 recommending it as overweight.
With a median target price of $29.00, the current consensus forecast for the stock is $18.00 – $56.28. Based on these forecasts, analysts predict Intel Corporation (INTC) will achieve an average price target of $30.05.