Intel Corporation’s (INTC) made a return of 4.64%% in one month through last close, displaying a 13.86% return during the past three months. It has been assigned a low target price of $29 and a high target price of $56.
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The highest short term price target forecast on Intel Corporation (INTC) is $45 and the lowest target price is $30.
A number of hedge funds have modified their holdings of INTC. Tekne Capital Management Llc owns 1.08 million shares or 9.58% of their United States portfolio. Zacks Investment Research suggests a Buy with a rank of 2.
In an announcement on July 01, BMW Group, Intel and Mobileye (NYSE:MBLY) said that they are joining forces to make self-driving vehicles and future mobility concepts a reality. Johnson Financial Group Inc. now owns 107,153 shares of the chip maker’s stock worth $3,691,000 after buying an additional 364 shares during the last quarter.
As you can see, Intel hasn’t hesitated to split its shares when the time has been right in the past. Also, EVP Venkata S.M. Renduchintala sold 13,997 shares of the firm’s stock in a transaction dated Thursday, July 28th. Moreover, since the beginning of 2012, Intel stock price has gained only 48%.
In related news, Chairman Andy D. Bryant sold 445,095 shares of the stock in a transaction on Monday, July 25th. With the last stock price up 11.17% from the 200-day moving average, compared with the S&P 500 which has not changed over the date range. The Company holds 4729.00 million shares outstanding. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The shares were sold at an average price of $34.69, for a total value of $15,440,345.55. The disclosure for this sale can be found here.
Analysts’ mean recommendation for EMC Corporation’s (EMC) stands at 2.50.
The 52 week high of Intel Corporation’s shares is 35.93 whilst the 52 week low for the company’s shares is 27.68.
INTC has been the topic of several other research reports.
The market cap of 169723.81 for Intel Corporation in today’s market indicated its current strength, making the company’s shares a lucrative one.
The number of shares Intel Corporation now has in issue is 4,731,000,000, which have a value of 35.89 per share calculating Intel Corporation’s market capitalisation to 169.80B Dollars. The Corporation has average brokerage recommendation (ABR) of 1.98 based on consensus of the brokerage firms issuing ratings.
Over the last 52 weeks Intel Corporation’s stock price has increased by 33.17% from 26.95 to 35.89.
During last 5 trades the stock sticks nearly 0.59%.
The recent traded volume of 20.56 million shares lower than its average volume of 21.63 million shares.
EPS in next five year years is expected to touch 3.00% while EPS growth in past 5 year was 2.80% along with sales growth of 7.70% in the last five years. Current price places the company’s stock 12.48% away from its 200-day simple moving average, 5.11%, away from the 50-day average and also 2.48% away from 20-day average.
Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on October, 11. The chip maker reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.06. During the same period in the previous year, the business earned $0.55 earnings per share. “2” brokerage firms have rated the company as a “Hold”. Intel Corp.’s quarterly revenue was up 2.6% compared to the same quarter a year ago.
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The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Stockholders of record on Sunday, August 7th were issued a $0.26 dividend.
