News headlines about Intel (NASDAQ:INTC) have trended negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Intel earned a media sentiment score of -2.00 on their scale. InfoTrie also assigned media coverage about the chip maker an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Intel’s score:
- Intel Is Worth More Than 10x Forward PE – Seeking Alpha (seekingalpha.com)
- Intel kills off a (minor) product line – SemiAccurate (semiaccurate.com)
- Max out your storage with an Intel 1TB M.2 NVMe SSD for an all-time low price of $100 at Amazon – PCWorld (pcworld.com)
- FreedomPop Completes Successful Sale of Retail MVNO Business To Focus Exclusively On SaaS Platform Providing Companies With Unique Digital Transformation Capabilities (prweb.com)
- Transfix’s New Chief Revenue Officer Wants To Change Digital Brokerage’s Business Model (feeds.benzinga.com)
Intel stock opened at $46.03 on Friday. Intel has a 52 week low of $42.36 and a 52 week high of $59.59. The company has a current ratio of 1.54, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35. The company has a market cap of $201.91 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 1.41 and a beta of 0.84.
Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 25th. The chip maker reported $0.89 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.02. Intel had a net margin of 29.04% and a return on equity of 29.54%. The firm had revenue of $16.10 million for the quarter, compared to analysts’ expectations of $16.03 billion. During the same quarter last year, the firm earned $0.87 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. As a group, sell-side analysts expect that Intel will post 4.26 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Saturday, June 1st. Shareholders of record on Tuesday, May 7th were given a dividend of $0.315 per share. The ex-dividend date was Monday, May 6th. This represents a $1.26 annualized dividend and a dividend yield of 2.74%. Intel’s dividend payout ratio is currently 27.51%.
Several analysts have recently commented on the company. New Street Research set a $65.00 target price on Intel and gave the company a “buy” rating in a research note on Tuesday, April 16th. Mizuho restated a “buy” rating on shares of Intel in a research note on Friday, April 26th. JPMorgan Chase & Co. restated a “buy” rating and issued a $64.00 target price on shares of Intel in a research note on Friday, April 26th. SunTrust Banks raised their target price on Intel to $56.00 and gave the company a “buy” rating in a research note on Friday, April 26th. They noted that the move was a valuation call. Finally, Wells Fargo & Co downgraded Intel from an “outperform” rating to a “market perform” rating and raised their target price for the company from $55.00 to $60.00 in a research note on Friday, April 5th. Eight analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty have assigned a buy rating to the company. Intel has an average rating of “Hold” and a consensus target price of $54.23.
In related news, EVP Navin Shenoy sold 8,551 shares of Intel stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $54.33, for a total value of $464,575.83. Following the sale, the executive vice president now owns 67,388 shares of the company’s stock, valued at approximately $3,661,190.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steven Ralph Rodgers sold 25,170 shares of Intel stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $55.00, for a total transaction of $1,384,350.00. Following the completion of the sale, the executive vice president now directly owns 48,140 shares in the company, valued at approximately $2,647,700. The disclosure for this sale can be found here. In the last three months, insiders have sold 73,575 shares of company stock worth $3,926,436. Insiders own 0.02% of the company’s stock.
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Intel Company Profile
Intel Corporation offers computing, networking, data storage, and communication solutions worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments. The company offers microprocessors, and system-on-chip and multichip packaging products.
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