Headlines about Intel (NASDAQ:INTC) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Intel earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media coverage about the chip maker an impact score of 46.3030540402811 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
INTC has been the topic of a number of research reports. Wells Fargo & Co reissued an “outperform” rating and issued a $65.00 price objective on shares of Intel in a research note on Friday, April 27th. Bank of America reissued a “buy” rating and issued a $65.00 price objective on shares of Intel in a research note on Wednesday, April 18th. DZ Bank reissued a “hold” rating and issued a $53.00 price objective on shares of Intel in a research note on Wednesday, March 28th. Vetr downgraded Intel from a “strong-buy” rating to a “buy” rating and set a $54.41 price objective on the stock. in a research note on Friday, March 30th. Finally, Citigroup initiated coverage on Intel in a research note on Tuesday, January 30th. They issued a “buy” rating and a $58.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $55.43.
Shares of Intel traded up $0.69, reaching $55.44, on Friday, Marketbeat reports. 18,549,989 shares of the company’s stock traded hands, compared to its average volume of 24,705,342. Intel has a 12-month low of $33.23 and a 12-month high of $55.79. The company has a current ratio of 1.58, a quick ratio of 1.23 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $259.37 billion, a price-to-earnings ratio of 16.02, a P/E/G ratio of 1.72 and a beta of 0.94.
Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 26th. The chip maker reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.15. Intel had a return on equity of 25.41% and a net margin of 17.32%. The business had revenue of $16.10 billion for the quarter, compared to the consensus estimate of $15.08 billion. During the same quarter in the previous year, the company posted $0.66 earnings per share. Intel’s revenue for the quarter was up 8.8% compared to the same quarter last year. sell-side analysts predict that Intel will post 3.84 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Monday, May 7th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.16%. Intel’s dividend payout ratio is 34.68%.
In other news, CEO Brian M. Krzanich sold 74,456 shares of Intel stock in a transaction on Monday, February 26th. The stock was sold at an average price of $48.67, for a total transaction of $3,623,773.52. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Navin Shenoy sold 8,967 shares of Intel stock in a transaction on Monday, February 26th. The shares were sold at an average price of $48.67, for a total value of $436,423.89. The disclosure for this sale can be found here. Insiders have sold 96,615 shares of company stock worth $4,753,757 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.
Intel Corporation designs, manufactures, and sells computer, networking, data storage, and communication platforms worldwide. The company operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments.
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