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Wednesday, February 8, 2023

Make Sure You Stick With Intel Corporation (INTC). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Intel Corporation (INTC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.04%, to $27.67. The Intel Corporation has recorded 2,317,247 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Intel to Report Fourth-Quarter and Full-Year 2022 Financial Results.

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Stocks Info

Intel Corporation is listed on the NASDAQ in the Technology sector while operating in the Semiconductors industry. At the end of the last regular session, the stock closed at $27.68 and fluctuated between $27.92 as its day high and $27.16 as its day low. The current market capitalization of Intel Corporation is $113.28B. A total of 37.58 million shares were traded on the day, compared to an average of 39.93M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, INTC has seen 19 BUY and 15 SELL insider trades, representing the acquisition of 278,232 and the disposition of 73,840 shares. Over the last 12 months, there were 72 BUYs and 57 SELLs from insiders. Insiders purchased 697,895 shares during that period but sold 277,283.

In the most recent transaction, TAN LIP BU bought 50,000 shares of INTC for 29.49 per share on Nov 16. After the transaction, the Director now owns 100,000 company shares. In a previous transaction on Nov 08, TAN LIP BU bought 48,146 shares at 27.98 per share. INTC shares that Director owns now total 50,500.

Among the insiders who bought shares, TAN LIP BU acquired of 1,854 shares on Nov 04 at a per-share price of $27.49. This resulted in the Director holding 2,354 shares of INTC after the transaction. In another insider transaction, GELSINGER PATRICK P bought 8,830 shares at $28.16 per share on Oct 31. Company shares held by the CEO now total 96,049.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Intel Corporation pays an annual dividend of $1.46, resulting in a dividend yield of 5.27%, and it has a price to earnings (P/E) ratio of 8.54. INTC’s most recent ex-dividend date was 11/4/2022 when it declared a $0.3650 quarterly dividend that was paid in cash on 12/1/2022. Previously, the company paid the dividend on 9/1/2022 with an ex-dividend date of 8/5/2022. The INTC stock dividend was $0.3650 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for INTC in the last 3 months, the mean price target is $29.21 with high estimates of $52.00 and low estimates of $18.00. In terms of 52-week highs and lows, INTC has a high of $56.28 and a low of $24.59.

As of this writing, INTC has an earnings estimate of $0.66 per share for the current quarter. EPS was calculated based on a consensus of 30 estimates, with a high estimate of $0.81 per share and a lower estimate of $0.3. The company reported an EPS of $0.29 in the last quarter, which was -58.60% lower than expectations of $0.7.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 38 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INTC is Sell with a score of 2.76. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 23 rated it as Hold. Among the other participants, 2 thought the stock was Underweight and 8 thought it should be Sold.

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