Intel Co. (NASDAQ:INTC – Free Report) – Research analysts at Wedbush reduced their FY2025 earnings per share estimates for shares of Intel in a report released on Monday, January 27th. Wedbush analyst M. Bryson now expects that the chip maker will earn $0.44 per share for the year, down from their previous forecast of $0.72. The consensus estimate for Intel’s current full-year earnings is ($0.87) per share.
INTC has been the topic of several other research reports. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a report on Friday, November 1st. Truist Financial increased their price target on Intel from $25.00 to $26.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Benchmark reiterated a “hold” rating on shares of Intel in a report on Friday, November 1st. Barclays lowered their price objective on Intel from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Finally, The Goldman Sachs Group lowered their price objective on Intel from $22.00 to $21.00 and set a “sell” rating for the company in a research note on Thursday, October 17th. Five investment analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $28.00.
Intel Stock Up 1.3 %
Shares of NASDAQ:INTC opened at $20.01 on Wednesday. The business’s 50 day simple moving average is $20.97 and its two-hundred day simple moving average is $22.63. The firm has a market cap of $86.30 billion, a P/E ratio of -5.38, a PEG ratio of 9.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.97 and a current ratio of 1.31. Intel has a 52-week low of $18.51 and a 52-week high of $46.63.
Intel (NASDAQ:INTC – Get Free Report) last announced its earnings results on Thursday, January 30th. The chip maker reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative net margin of 29.42% and a negative return on equity of 1.71%.
Institutional Investors Weigh In On Intel
A number of hedge funds and other institutional investors have recently modified their holdings of INTC. Csenge Advisory Group grew its holdings in shares of Intel by 10.0% during the 4th quarter. Csenge Advisory Group now owns 41,739 shares of the chip maker’s stock worth $837,000 after acquiring an additional 3,780 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of Intel during the 4th quarter worth approximately $782,000. Allworth Financial LP grew its holdings in shares of Intel by 9.2% during the 4th quarter. Allworth Financial LP now owns 253,820 shares of the chip maker’s stock worth $5,549,000 after acquiring an additional 21,425 shares during the period. Principal Securities Inc. grew its holdings in shares of Intel by 19.6% during the 4th quarter. Principal Securities Inc. now owns 40,722 shares of the chip maker’s stock worth $816,000 after acquiring an additional 6,668 shares during the period. Finally, Roxbury Financial LLC purchased a new stake in shares of Intel in the 4th quarter worth approximately $38,000. Institutional investors own 64.53% of the company’s stock.
Insider Buying and Selling
In other news, EVP Michelle Johnston Holthaus sold 25,000 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $26.00, for a total value of $650,000.00. Following the completion of the sale, the executive vice president now owns 273,258 shares of the company’s stock, valued at approximately $7,104,708. The trade was a 8.38 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.04% of the stock is owned by company insiders.
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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