Currently, there are 4.31B common shares owned by the public and among those 4.31B shares have been available to trade.
The company’s stock has a 5-day price change of 5.90% and -7.01% over the past three months. INTC shares are trading 3.89% year to date (YTD), with the 12-month market performance down to -57.39% lower. It has a 12-month low price of $18.51 and touched a high of $50.30 over the same period. INTC has an average intraday trading volume of 72.98 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.61%, -3.54%, and -19.34% respectively.
Institutional ownership of Intel Corp (NASDAQ: INTC) shares accounts for 62.31% of the company’s 4.31B shares outstanding.
It has a market capitalization of $89.84B and a beta (3y monthly) value of 1.09. The earnings-per-share (ttm) stands at -$3.72. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.08% over the week and 3.01% over the month.
Earnings per share for the fiscal year are expected to decrease by -113.56%, and 761.34% over the next financial year. EPS should grow at an annualized rate of 16.03% over the next five years, compared to -38.29% over the past 5-year period.
Mizuho coverage for the Intel Corp (INTC) stock in a research note released on August 08, 2024 offered a Neutral rating with a price target of $22. Argus was of a view on August 06, 2024 that the stock is Hold, while TD Cowen gave the stock Hold rating on August 02, 2024, issuing a price target of $35- $25. The Benchmark Company on their part issued Hold rating on August 02, 2024.
