Intel (INTC) Getting Somewhat Positive Press Coverage, Analysis Shows

Media coverage about Intel (NASDAQ:INTC) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Intel earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the chip maker an impact score of 45.9835003229432 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

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

Several research firms recently issued reports on INTC. Barclays increased their target price on Intel from $55.00 to $60.00 and gave the stock an “overweight” rating in a research note on Thursday. Bank of America reissued a “buy” rating and set a $65.00 target price on shares of Intel in a research note on Wednesday. Vetr lowered Intel from a “buy” rating to a “hold” rating and set a $54.70 target price on the stock. in a research note on Wednesday. Macquarie reissued a “buy” rating and set a $58.00 target price on shares of Intel in a research note on Thursday, April 12th. Finally, Tigress Financial raised Intel from a “neutral” rating to a “buy” rating and set a $50.34 price target on the stock in a research report on Thursday, April 5th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twenty-six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Intel has a consensus rating of “Buy” and a consensus target price of $51.10.

NASDAQ:INTC traded down $0.69 during mid-day trading on Friday, reaching $51.53. 26,851,768 shares of the stock were exchanged, compared to its average volume of 30,154,208. The company has a market capitalization of $244,301.72, a PE ratio of 14.89, a P/E/G ratio of 1.75 and a beta of 0.95. The company has a quick ratio of 1.29, a current ratio of 1.69 and a debt-to-equity ratio of 0.36. Intel has a 1 year low of $33.23 and a 1 year high of $54.35.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, January 25th. The chip maker reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.22. The firm had revenue of $17.05 billion for the quarter, compared to the consensus estimate of $16.34 billion. Intel had a return on equity of 24.33% and a net margin of 15.30%. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.79 EPS. sell-side analysts anticipate that Intel will post 3.54 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Monday, May 7th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, May 4th. This represents a $1.20 dividend on an annualized basis and a yield of 2.33%. Intel’s dividend payout ratio is presently 34.68%.

In other Intel news, insider Venkata S. M. Renduchintala sold 1,502 shares of Intel stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $44.58, for a total value of $66,959.16. Following the transaction, the insider now directly owns 1,536 shares in the company, valued at approximately $68,474.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kevin Thomas Mcbride sold 686 shares of Intel stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $46.56, for a total value of $31,940.16. Following the completion of the transaction, the vice president now owns 6,472 shares in the company, valued at $301,336.32. The disclosure for this sale can be found here. Insiders sold a total of 123,914 shares of company stock worth $6,011,490 over the last quarter. Company insiders own 0.03% of the company’s stock.

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About Intel

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.

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

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