Intel Corporation [NASDAQ: INTC] stock went on an upward path that rose over 2.01% on Monday, amounting to a one-week price increase of more than 4.24%. The company report on October 13, 2020 that Intel, IIIT-Hyderabad, PHFI And Telangana Government Launch Applied Artificial Intelligence Research Center.
What’s New: Today at the inaugural all.ai 2020 Virtual Summit, Intel India in collaboration with the government of Telangana, International Institute of Information Technology, Hyderabad (IIIT-H) and Public Health Foundation of India (PHFI) announced the launch of INAI, an applied artificial intelligence (AI) research center in Hyderabad. INAI is an initiative to apply AI to population scale problems in the Indian context, with a focus on identifying and solving challenges in the healthcare and smart mobility segments through strong ecosystem collaboration.
“With its unique strengths of talent, technology, data availability, and the potential for population-scale AI adoption, India has this tremendous opportunity to lead human-centric applications and democratize AI for the world. Our aspiration is to make AI synonymous with India as we strive to achieve the true potential of AI in critical segments like healthcare, smart mobility and the future of work by advancing innovation, research, technology and skills. The launch of the Applied AI Research Center, initiatives to train students on AI readiness skills and the all.ai 2020 Summit reinforce our commitment towards realizing the exponential impact of AI in an inclusive, collaborative and responsible manner.”–Nivruti Rai, Intel country head for India and vice president of the Data Platforms Group.
Over the last 12 months, INTC stock rose by 3.44%. The one-year Intel Corporation stock forecast points to a potential upside of 4.64. The average equity rating for INTC stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $231.54 billion, with 4.25 billion shares outstanding and 4.25 billion shares in the current float. Compared to the average trading volume of 34.13M shares, INTC stock reached a trading volume of 27273481 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Intel Corporation [INTC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INTC shares is $56.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INTC stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Standpoint Research have made an estimate for Intel Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 08, 2020. The new note on the price target was released on July 24, 2020, representing the official price target for Intel Corporation stock.
The Average True Range (ATR) for Intel Corporation is set at 1.25, with the Price to Sales ratio for INTC stock in the period of the last 12 months amounting to 2.93. The Price to Book ratio for the last quarter was 2.79, with the Price to Cash per share for the same quarter was set at 6.01. Price to Free Cash Flow for INTC in the course of the last twelve months was 14.17 with Quick ratio for the last quarter at 1.60.
INTC Stock Performance Analysis:
Intel Corporation [INTC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.24. With this latest performance, INTC shares gained by 9.33% in over the last four-week period, additionally sinking by -11.18% over the last 6 months – not to mention a rise of 3.44% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for INTC stock in for the last two-week period is set at 66.65, with the RSI for the last a single of trading hit 69.09, and the three-weeks RSI is set at 59.84 for Intel Corporation [INTC]. The present Moving Average for the last 50 days of trading for this stock 50.03, while it was recorded at 52.82 for the last single week of trading, and 56.80 for the last 200 days.
Insight into Intel Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Intel Corporation [INTC] shares currently have an operating margin of +31.17 and a Gross Margin at +58.28. Intel Corporation’s Net Margin is presently recorded at +29.25.
Return on Total Capital for INTC is now 21.51, given the latest momentum, and Return on Invested Capital for the company is 20.69. Return on Equity for this stock inclined to 27.68, with Return on Assets sitting at 15.92. When it comes to the capital structure of this company, Intel Corporation [INTC] has a Total Debt to Total Equity ratio set at 38.33. Additionally, INTC Total Debt to Total Capital is recorded at 27.71, with Total Debt to Total Assets ending up at 21.76. Long-Term Debt to Equity for the company is recorded at 33.34, with the Long-Term Debt to Total Capital now at 24.10.
Reflecting on the efficiency of the workforce at the company, Intel Corporation [INTC] managed to generate an average of $189,964 per employee. Receivables Turnover for the company is 9.85 with a Total Asset Turnover recorded at a value of 0.54.Intel Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 2.00.
INTC Stock EPS
With the latest financial reports released by the company, Intel Corporation posted 1.42/share EPS, while the average EPS was predicted by analysts to be reported at 1.24/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 14.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INTC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Intel Corporation go to 8.62%.
Intel Corporation [INTC] Insider Position Details
There are presently around $151,062 million, or 67.40% of INTC stock, in the hands of institutional investors. The top three institutional holders of INTC stocks are: VANGUARD GROUP INC with ownership of 356,139,529, which is approximately -3.701% of the company’s market cap and around 0.05% of the total institutional ownership; BLACKROCK INC., holding 312,226,978 shares of the stock with an approximate value of $16.82 billion in INTC stocks shares; and STATE STREET CORP, currently with $10.21 billion in INTC stock with ownership of nearly -1.624% of the company’s market capitalization.
Positions in Intel Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 1,221 institutional holders increased their position in Intel Corporation [NASDAQ:INTC] by around 150,178,610 shares. Additionally, 1,225 investors decreased positions by around 152,831,760 shares, while 219 investors held positions by with 2,500,666,619 shares. The mentioned changes placed institutional holdings at 2,803,676,989 shares, according to the latest SEC report filing. INTC stock had 160 new institutional investments in for a total of 15,145,038 shares, while 83 institutional investors sold positions of 8,468,330 shares during the same period.