The stocks of INTC have been provided with a rating of “hold” by around forty-one different brokerages that have covered the company. According to a report, thirteen of the investment analysts have provided the company with a rating of sell, while eleven of them have given the company a rating of hold. Close to twelve different investment analysts have provided the company with a rating of buy. The price target of the company after a period of one year has been set at $63.29.
The Stock Commentary Of INTC
There have been quite a few research equities that have commented on the stocks of INTC. The Royal Bank of Canada has already increased the price target of the company from $40 to $47 with a rating of sell in a 22nd January research report. Oppenheimer has also put up a rating of hold in a 22nd January research report.
Morgan Stanley has gone ahead and increased the price target of the company from $70 to $72 with a rating of overweight in a 22nd January research report. Roth Capital, too, decided to follow suit and increased the price target of the company from $60 to $65 with a rating of neutral in a 30th March research report.
The stocks of INTC traded on Friday at $54.01. The moving average price of the company over a period of 50 days is $61.90, whereas the moving average price of the company over a period of 200 days is $55.72. The year low of the company is $43.61, while the year high of the company has been set at $68.49. The market cap of the firm is $218.09 billion, with a 0.59 PE ratio. The current ratio of the company is 1.66, with a 1.24 quick ratio, and a 0.48 debt-to-equity ratio.
INTC previously announced its quarterly reports on the 21st of April. The manufacturer of chips had reported an EPS of $1.39 or the quarter, which was more than the consensus estimate of $1.15. The return on equity for the company was 29.44%, with a 28.19% net margin.