Details On INTC Stock After Brokerages Issued A ‘Hold’ Rating


Intel Co (NASDAQ: INTC) acquired a consensus ‘hold’ recommendation from 46 firms according to Ratings. The company has an average of $57.71 price objective for 12 months.

On Tuesday, Intel started from $50.47 with the market cap being $206.83B. The lowest in 1 year is $43.61 while the highest is $69.29. Their current, quick, and debt-to-equity are 1.66, 1.24, and 0.48. The 50-day rolling average is $47.01 while the 200-day is $52.32.

According to the 22nd October report, the company had a quarterly EPS earnings of $1.11, surpassing the $1.10 EPS by $0.01. Their net margin was 28.10% and the return equity was 29.44%. The revenue was $18.33B that surpassed the $18.26B estimate.

Intel paid a $0.33/share dividend, indicating a $1.32 annualized dividend with a 2.62% yield.

INTC Stock Transactions

Credit Suisse demoted the price objective of Intel stock to $65 from $70 and gave a rating of ‘buy’. BidaskClub increased the rating to ‘buy’ from ‘hold’. Cowen decreased the price objective to $50 from $55 and issued a rating of ‘market perform’. Rosenblatt Securities reassigned a rating of ‘sell’ and gave a $40 price target. Royal Canada Bank demoted the price aim to $40 from $45 and gave a rating of ‘underperform’.

Robert Swan, the CEO, purchased 8,021 INTC shares at $44.96 EPS worth $360,624.16. Navin Shenoy, EVP, sold off 2,848 INTC shares at $44.96 EPS worth $128,046.08. 0.04% of the stock is owned by insiders.

FAI Management raised their holdings in Q2 on Intel stock by 390.4%, owning $30,000 worth of shares. Baron Group purchased a new stake in Q3 that is priced at $34,000. Okabena Services purchased a new position in Q2 that is worth $42,000. Holloway Management purchased a new position in Q3 that is worth $41,000. Grace Capital purchased a new stake in Q3, owning $53,000 worth of shares. 60.73% of the INTC stock is owned by hedge funds and institutional investors.