News coverage about Intel (NASDAQ:INTC) has trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news 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 earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media headlines about the chip maker an impact score of 46.007271681808 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Broadcom just suffered its biggest drop since June, but still ended a roller-coaster week up (finance.yahoo.com)
- 2018 Innovations in Artificial Intelligence, Big Data, Prescriptive Analytics, Dark Data, and Cloud Computing – ResearchAndMarkets.com (markets.financialcontent.com)
- Role of Artificial Intelligence in Drug Discovery and Development, 2018 Research Report – ResearchAndMarkets.com (markets.financialcontent.com)
- When Broadcom, Qualcomm, NXP, Intel and AMD Are All in the Same Rumor Mill at Once (feedproxy.google.com)
- Positive Intent to Return Scores Bring Optimism to Restaurant Industry (prweb.com)
A number of research analysts recently issued reports on INTC shares. Nomura reaffirmed a “buy” rating and issued a $50.00 price target on shares of Intel in a report on Thursday, January 4th. B. Riley reaffirmed a “buy” rating and issued a $53.00 price target on shares of Intel in a report on Thursday, January 4th. JPMorgan Chase & Co. set a $53.00 price target on Intel and gave the company a “buy” rating in a report on Thursday, January 4th. Vetr cut Intel from a “strong-buy” rating to a “buy” rating and set a $48.80 price target for the company. in a report on Tuesday, January 2nd. Finally, BidaskClub cut Intel from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 27th. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $50.04.
Intel (NASDAQ:INTC) traded up $0.29 during trading on Friday, hitting $51.17. The stock had a trading volume of 42,548,021 shares, compared to its average volume of 36,969,648. The firm has a market cap of $239,870.00, a price-to-earnings ratio of 16.35, a P/E/G ratio of 1.75 and a beta of 1.01. Intel has a 52 week low of $33.23 and a 52 week high of $53.78. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.69 and a quick ratio of 1.29.
Intel (NASDAQ:INTC) last posted its earnings results on Thursday, January 25th. The chip maker reported $1.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.22. The company had revenue of $17.05 billion during the quarter, compared to analyst estimates of $16.34 billion. Intel had a return on equity of 24.33% and a net margin of 15.30%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.79 EPS. equities research analysts expect that Intel will post 3.51 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Monday, May 7th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, May 4th. This represents a $1.20 annualized dividend and a dividend yield of 2.35%. Intel’s dividend payout ratio is presently 38.34%.
In related news, CEO Brian M. Krzanich sold 8,659 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $49.40, for a total value of $427,754.60. Following the completion of the transaction, the chief executive officer now directly owns 263,382 shares in the company, valued at approximately $13,011,070.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian M. Krzanich sold 5,873 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $45.58, for a total value of $267,691.34. Following the completion of the transaction, the chief executive officer now owns 259,082 shares of the company’s stock, valued at $11,808,957.56. The disclosure for this sale can be found here. Insiders sold a total of 123,914 shares of company stock valued at $6,011,490 over the last quarter. 0.08% of the stock is owned by insiders.
Intel 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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