Expert analysts are of the opinion that Intel Corp. has recently outperformed stock market gains. INTC stocks traded at $51.99 in the last trading session. This marked a gain of $1.95% from the previous day’s close. This news came from INTC stocks as S&P 500 made a daily gain of 0.88%, NASDAQ made a gain of 0.7% and Dow added another 0.83%.
Intel, the world’s biggest chipmaker, has gained 11.62% since last month. With these figures, the company has now surpassed Technology and Computer sector’s gain of 11.115 and S&P 500’s high of 9.12% during the period.
Intel Corp. (NASDAQ: INTC) Stock-Metrics Analysis
Analysts expect the Technology Company’s stock to increase in strength by the next release of its earnings report. As per now, Intel Corp. is expected to report $1.10 EPS. This is down by 27.63% since the corresponding quarter last year. The company is expected to announce a quarterly revenue of $17.44 billion, according to the latest consensus. This is also down by 13.7% on a year-over-year basis.
Zacks analysts expect a FY2020 (full year) EPS of $4.89 which shows a positive change of 0.41% since previous year. latest revisions in Intel Corp. trends point towards fresh business trends. An analysis of those trends further show that Intel has room for more growth in the upcoming year. The company’s net revenue is likely to be $75.33 billion, that is about 4.67% more than 2019. Its current PE ratio stands at $28.42 and the PEG ratio at 1.39.
According to Zack Investment Research, INTC stock has a rating of “SELL” currently. Several other firms have also submitted their reports on Intel Corp. stock. Its estimated EPS has also moved up by 0.02% since last month. According to Zacks’ Ranking system, this company is ranked 126 among 250+ industries. This rank puts it at the top 50% of all the industries enlisted under Zacks Ranking system.