Investors are poised to add Intel Corp. (INTC) Stock to their long term portfolios

At the time of writing, Intel Corp. [INTC] stock is trading at $21.84, up 3.31%. 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 11.09% over the last week, with a monthly amount glided 2.01%, and seem to be holding up well over a long-time horizon.

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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.

For the past year, the stock price of Intel Corp. fluctuated between $18.51 and $51.28. Currently, Wall Street analysts expect the stock to reach $36.65 within the next 12 months. Intel Corp. [NASDAQ: INTC] shares were valued at $21.84 at the most recent close of the market. An investor can expect a potential return of 67.81% based on the average INTC price forecast.

Analyzing the INTC fundamentals

According to Intel Corp. [NASDAQ:INTC], the company’s sales were 55.12B for trailing twelve months, which represents an -0.90% plunge. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.

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 20.41 points at the first support level, and at 18.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.20, and for the 2nd resistance point, it is at 24.57.

Ratios To Look Out For

It is important to note that Intel Corp. [NASDAQ:INTC] has a current ratio of 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 1.69, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 95.12.

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.

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