How did Intel Corp. (INTC) surprise investors with its report?

Intel Corp. [INTC] stock is trading at $22.04, up 9.49%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The INTC shares have gain 7.30% over the last week, with a monthly amount drifted -24.13%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Intel Corp. [NASDAQ: INTC] stock has seen the most recent analyst activity on August 08, 2024, when Mizuho downgraded its rating to a Neutral and also revised its price target to $22 from $36. Previously, Argus downgraded its rating to Hold on August 06, 2024. On August 02, 2024, TD Cowen reiterated its Hold rating and revised its price target to $25 on the stock. The Benchmark Company downgraded its rating to a Hold. Raymond James downgraded its rating to a Mkt Perform. New Street downgraded its rating to Neutral for this stock on August 02, 2024. In a note dated August 02, 2024, HSBC Securities downgraded an Reduce rating on this stock.

Intel Corp. [INTC] stock has fluctuated between $18.84 and $51.28 over the past year. Currently, Wall Street analysts expect the stock to reach $37.64 within the next 12 months. Intel Corp. [NASDAQ: INTC] shares were valued at $22.04 at the most recent close of the market. An investor can expect a potential return of 70.78% based on the average INTC price forecast.

Analyzing the INTC fundamentals

Intel Corp. [NASDAQ:INTC] reported sales of 55.12B for the trailing twelve months, which represents a drop of -0.90%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.32 points at the first support level, and at 20.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.44, and for the 2nd resistance point, it is at 22.84.

Ratios To Look Out For

For context, Intel Corp.’s Current Ratio is 1.59. As well, the Quick Ratio is 1.24, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 0.82 and price to earnings (TTM) ratio is 95.99.

Transactions by insiders

Recent insider trading involved GELSINGER PATRICK P, CEO, that happened on Aug 05 ’24 when 12500.0 shares were purchased. CEO, GELSINGER PATRICK P completed a deal on May 01 ’24 to buy 4100.0 shares. Meanwhile, CEO GELSINGER PATRICK P bought 4000.0 shares on Apr 29 ’24.

Related Posts