Intel Corp [NASDAQ: INTC] loss -2.72% on the last trading session, reaching $24.35 price per share at the time.
If compared to the average trading volume of 79.38M shares, INTC reached a trading volume of 53624685 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Intel Corp [INTC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INTC shares is $24.71 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 3.07. 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.
Mizuho have made an estimate for Intel Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 08, 2024. The new note on the price target was released on August 06, 2024, representing the official price target for Intel Corp stock. Previously, the target price had yet another drop from $35 to $25, while TD Cowen kept a Hold rating on INTC stock.
The Average True Range (ATR) for Intel Corp is set at 1.00, with the Price to Sales ratio for INTC stock in the period of the last 12 months amounting to 1.88. The Price to Book ratio for the last quarter was 1.05, with the Price to Cash per share for the same quarter was set at 5.74.
Trading performance analysis for INTC stock
Intel Corp [INTC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.06. With this latest performance, INTC shares gained by 8.51% in over the last four-week period, additionally sinking by -23.50% over the last 6 months – not to mention a drop of -40.04% 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 54.01, with the RSI for the last a single of trading hit 52.42, and the three-weeks RSI is set at 53.78 for Intel Corp [INTC]. The present Moving Average for the last 50 days of trading for this stock 22.69, while it was recorded at 24.70 for the last single week of trading, and 30.72 for the last 200 days.
Intel Corp [INTC]: A deeper dive into fundamental analysis
Intel Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.97 and a Current Ratio set at 1.31.
Intel Corp [INTC]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Intel Corp posted 0.54/share EPS, while the average EPS was predicted by analysts to be reported at 0.45/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. 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 Corp go to 9.72%.
An analysis of Institutional ownership at Intel Corp [INTC]
There are presently around $64.48%, or 64.51%% of INTC stock, in the hands of institutional investors. The top three institutional holders of INTC stocks are: VANGUARD GROUP INC with ownership of 393.49 million shares, which is approximately 9.276%. BLACKROCK INC., holding 361.67 million shares of the stock with an approximate value of $$11.2 billion in INTC stocks shares; and BLACKROCK INC., currently with $$5.96 billion in INTC stock with ownership which is approximately 4.5389%.
