Intel (INTC) Earning Somewhat Positive Media Coverage, Analysis Finds

Media coverage about Intel (NASDAQ:INTC) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Intel earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave press coverage about the chip maker an impact score of 46.9274789402278 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern’s analysis:

Several analysts recently commented on INTC shares. Zacks Investment Research raised Intel from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Friday, September 22nd. Mizuho reaffirmed a “buy” rating and set a $45.00 target price (up from $42.00) on shares of Intel in a report on Monday, October 9th. Vetr lowered Intel from a “strong-buy” rating to a “buy” rating and set a $42.80 target price on the stock. in a report on Tuesday, October 3rd. ValuEngine raised Intel from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Bank of America raised Intel from a “neutral” rating to a “buy” rating and set a $49.00 target price on the stock in a report on Friday, October 27th. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $44.77.

Intel (NASDAQ:INTC) traded up $0.09 during midday trading on Thursday, hitting $44.48. The stock had a trading volume of 26,826,529 shares, compared to its average volume of 35,460,000. The stock has a market capitalization of $208,170.00, a P/E ratio of 15.61, a PEG ratio of 1.56 and a beta of 1.06. Intel has a 1-year low of $33.23 and a 1-year high of $47.64. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.27 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 26th. The chip maker reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.21. The business had revenue of $16.15 billion for the quarter, compared to the consensus estimate of $15.73 billion. Intel had a return on equity of 22.65% and a net margin of 22.31%. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 earnings per share. research analysts forecast that Intel will post 3.25 EPS for the current fiscal year.

In other news, insider Venkata S. M. Renduchintala sold 1,424 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $46.73, for a total value of $66,543.52. Following the transaction, the insider now owns 1,536 shares in the company, valued at $71,777.28. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Diane M. Bryant sold 570 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $44.49, for a total value of $25,359.30. Following the completion of the transaction, the executive vice president now owns 110,850 shares in the company, valued at approximately $4,931,716.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,487,054 shares of company stock worth $65,800,132. Company insiders own 0.08% of the company’s stock.

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About Intel

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Insider Buying and Selling by Quarter for Intel (NASDAQ:INTC)

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