Intel Co. (NASDAQ:INTC – Get Free Report) has received a consensus rating of “Reduce” from the thirty-two research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, twenty-eight have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $27.04.
A number of brokerages have recently issued reports on INTC. Benchmark reissued a “hold” rating on shares of Intel in a research report on Friday, January 31st. JPMorgan Chase & Co. cut their price objective on shares of Intel from $26.00 to $23.00 and set an “underweight” rating for the company in a research report on Friday, January 31st. Roth Mkm cut their price objective on shares of Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Barclays cut their price objective on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Finally, Hsbc Global Res raised shares of Intel from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 21st.
Read Our Latest Stock Analysis on INTC
Institutional Trading of Intel
Intel Price Performance
Shares of INTC opened at $24.05 on Friday. The firm has a market cap of $104.14 billion, a PE ratio of -5.49 and a beta of 1.02. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $21.45 and a two-hundred day simple moving average of $21.87. Intel has a 1-year low of $18.51 and a 1-year high of $45.41.
Intel (NASDAQ:INTC – Get Free Report) last announced its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. On average, equities analysts anticipate that Intel will post -0.11 EPS for the current year.
Intel Company Profile
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.
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