Intel Off 3% Despite Q1 EPS Beat, Raised Year View

Loop Capital initiated coverage on shares of Intel in a research note on Tuesday, December 13th. The stock now has an average rating of "Hold" and an average target price of $40.45. Royal Bank of Canada restated a sector perform rating and set a $37.00 target price on shares of Intel in a report on Friday, January 27th. They noted that the move was a valuation call. Six investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-six have assigned a buy rating to the company's stock. A ratio under one shows that the price has lowered over that defined time period.

Intel's stock is down 3.2 percent in after-hours trading, at about $36.25 a share. Overall, 26.95 Million shares exchanged hands versus its average trading volume of 23.52 Million shares. The company's 50-day moving average is $35.75 and its 200-day moving average is $35.94. Intel Corporation P/E (price to earnings) ratio is 17.42 and Forward P/E ratio of 12.62. The number of shares now owned by investors are 4.74 bln. In terms of recent volatility, the average for the month is 1.24% and 1.13% for the past week.

(INTC) fell in Thursday's extended session after the chip maker announced quarterly earnings.

Chip giant Intel (INTC) this afternoon reported Q1 revenue in line with analysts' expectations, and profit that beat by a penny, and forecast revenue and profit this quarter above consensus, but its shares declined 3% in late trading. Intel had a return on equity of 20.95% and a net margin of 17.37%.

Wall Street was looking for earnings of 65 cents a share on revenue of $14.81 billion. They expect $0.20 EPS, up 66.67% or $0.08 from last year's $0.12 per share.

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COPYRIGHT VIOLATION NOTICE: This story was reported by BBNS and is owned by of BBNS. If you are reading this news story on another site, it was copied illegally and reposted in violation of USA and global trademark and copyright law. Investors of record on Sunday, May 7th will be issued a $0.2725 dividend. The ex-dividend date is Wednesday, May 3rd. Those processors are 52 percent faster on a per clock basis than the previous generation, and it's not a simple matter for Intel to respond. This represents a $1.09 dividend on an annualized basis and a yield of 2.95%. Intel's dividend payout ratio (DPR) is 49.29%. Following the completion of the transaction, the executive vice president now owns 107,758 shares in the company, valued at $4,044,157.74. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The company is set at a mean analysts' recommendation of 2.40. The stock was sold at an average price of $35.21, for a total transaction of $2,541,176.12. Sumitomo Mitsui Trust Holdings Inc. now owns 14,453,797 shares of the chip maker's stock valued at $545,631,000 after buying an additional 81,682 shares during the period. The disclosure for this sale can be found here. Insiders sold a total of 159,972 shares of company stock worth $5,762,085 over the last quarter.

Since October 31, 2016, it had 0 insider buys, and 14 sales for $19.26 million activity.

Let's look at these three companies' stock prices to see whether their prices justify their earnings. The current share price indicates that stock is -3.42% away from its one year high and is moving 27.79% ahead of its 52-week low. Dimensional Fund Advisors LP boosted its stake in Intel by 2.2% in the fourth quarter. The stock's average target of $29.33 is -3.52% below today's ($30.4) share price. Community Bank N.A. raised its position in Intel by 0.6% in the third quarter. Edmond DE Rothschild Monaco purchased a new position in shares of Intel during the third quarter valued at approximately $113,000. The stock plunged -1.6 percent over the past quarter, while surged 6.28 percent over the past six months.

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. Client Computing Group revenue was $8.0 billion, up 6 percent; Data Center Group revenue was $4.2 billion, up 6 percent; and Internet of Things Group revenue of $721 million, up 11 percent.

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