The stock price of Intel Corporation (NASDAQ: INTC) has dropped by -2.03 compared to previous close of 38.67. Despite this, the company has seen a fall of -0.33% in its stock price over the last five trading days. InvestorPlace reported 2023-09-15 that The Dow Jones Industrial Average has climbed 5.3% so far this year. The index is trailing the S&P 500, which has climbed 17.8%.
Is It Worth Investing in Intel Corporation (NASDAQ: INTC) Right Now?
Additionally, the 36-month beta value for INTC is 0.88. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 1 rating it as “overweight,” 28 rating it as “hold,” and 6 rating it as “sell.”
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The average price predicted by analysts for INTC is $36.91, which is -$2.74 below the current price. The public float for INTC is 4.19B and currently, short sellers hold a 1.47% ratio of that float. The average trading volume of INTC on September 15, 2023 was 39.51M shares.
INTC’s Market Performance
INTC’s stock has seen a -0.33% decrease for the week, with a 12.99% rise in the past month and a 5.76% gain in the past quarter. The volatility ratio for the week is 2.59%, and the volatility levels for the past 30 days are at 3.09% for Intel Corporation. The simple moving average for the past 20 days is 6.70% for INTC’s stock, with a 22.72% simple moving average for the past 200 days.
Analysts’ Opinion of INTC
Many brokerage firms have already submitted their reports for INTC stocks, with Wolfe Research repeating the rating for INTC by listing it as a “Underperform.” The predicted price for INTC in the upcoming period, according to Wolfe Research is $31 based on the research report published on July 28, 2023 of the current year 2023.
INTC Trading at 8.92% from the 50-Day Moving Average
After a stumble in the market that brought INTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.45% of loss for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 2.59%, as shares surge +16.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.85% upper at present.
During the last 5 trading sessions, INTC fell by -0.04%, which changed the moving average for the period of 200-days by +32.27% in comparison to the 20-day moving average, which settled at $35.78. In addition, Intel Corporation saw 43.34% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INTC starting from Holthaus Michelle Johnston, who sale 1 shares at the price of $32.41 back on Aug 21. After this action, Holthaus Michelle Johnston now owns 193,955 shares of Intel Corporation, valued at $32 using the latest closing price.
GELSINGER PATRICK P, the CEO of Intel Corporation, purchase 3,850 shares at $34.63 during a trade that took place back on Aug 02, which means that GELSINGER PATRICK P is holding 105,495 shares at $133,343 based on the most recent closing price.
Stock Fundamentals for INTC
Current profitability levels for the company are sitting at:
- +3.70 for the present operating margin
- +42.31 for the gross margin
The net margin for Intel Corporation stands at +12.71. The total capital return value is set at 1.67, while invested capital returns managed to touch 5.97. Equity return is now at value -0.90, with -0.50 for asset returns.
Based on Intel Corporation (INTC), the company’s capital structure generated 41.86 points at debt to equity in total, while total debt to capital is 29.51. Total debt to assets is 23.32, with long-term debt to equity ratio resting at 37.39. Finally, the long-term debt to capital ratio is 26.35.
When we switch over and look at the enterprise to sales, we see a ratio of 3.26, with the company’s debt to enterprise value settled at 0.34. The receivables turnover for the company is 8.95 and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
In conclusion, Intel Corporation (INTC) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
