Intel Corp. (NASDAQ:INTC) was downgraded by investment analysts at Vetr from a “hold” rating to a “sell” rating in a research report issued on Tuesday. Analyst expected twelve month price target of $37.61. Vetr’s price target would suggest a potential downside of 3.87% from the company’s current price.
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Intel Corporation (NASDAQ:INTC)’s values for SMA20, SMA50 and SMA200 are 1.62%, 5.57% and 10.83%, respectively. Now the stock has been rated as “Buy” from 4 Analysts.
Computer Sciences Corporation (NYSE:CSC) after beginning at $46.68, closed at $47.35 by building up +1.41% in recent trading session. The count of Hold ratings in that period was 3.
Insider Activity: Corporate insiders look pessimistic about the outlook of the company stock that they seem to offload shares while they have 4.78 jumped so far this year. For the prior quarter revenue for the stock hit $13.8B, with EPS at $0.54. The Bid price in the last session was $34.75 x 100 and the Ask price was $35.14 x 100. The company has its Price to Sales (P/S) ratio of 2.95 where Price to Book (P/B) ratio of 2.71, Price to Cash Per share (P/C) of 9.45 and Price to Free Cash Flow (P/FCF) has a value of 23.73. “0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “0” brokerage firms. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. It has twelve month low of $24.87 and twelve month high of $35.93. (NASDAQ:INTC) opened at 34.91 on Tuesday.
The stock’s price moved up its 200-day moving average of $29.83. Commonly named as P/E ratio, it helps investors know where the company stands in the market. Intel Corporation makes up approx 1.16% of Sit Investment Associates Inc’s portfolio.Trust Co Of Oklahoma reduced its stake in INTC by selling 1,240 shares or 5.79% in the most recent quarter. A month ago, analyst EPS consensus estimated earnings of US$0.64 per share. The firm earned $13.50 billion during the quarter, compared to the consensus estimate of $13.54 billion. During the same quarter in the previous year, the company posted $0.55 EPS. The business’s revenue was up 2.6% compared to the same quarter past year. The group worked out on the stock recommendations given by analysts in the First Call poll.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 1st.
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Other Hedge Funds, Including, Barrow Hanley Mewhinney Strauss reduced its stake in INTC by selling 1,199,568 shares or 6.15% in the most recent quarter. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. The Companys platforms are used to deliver a range of computing experiences in notebooks 2 in 1 systems desktops servers tablets smartphones and the Internet of Things.
