Somewhat Favorable News Coverage Somewhat Unlikely to Affect Intel (INTC) Stock Price

News coverage about Intel (NASDAQ:INTC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Intel earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned headlines about the chip maker an impact score of 46.0854903680376 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

A number of research firms have weighed in on INTC. Canaccord Genuity raised their price target on Intel from $41.00 to $45.00 and gave the company a “hold” rating in a research note on Friday, November 17th. Barclays restated a “buy” rating and issued a $55.00 price target on shares of Intel in a research note on Monday, November 13th. Stifel Nicolaus restated a “buy” rating and issued a $50.00 price target on shares of Intel in a research note on Wednesday, November 1st. Instinet raised their price target on Intel to $50.00 and gave the company a “buy” rating in a research note on Tuesday, December 5th. Finally, Sanford C. Bernstein set a $34.00 price target on Intel and gave the company a “sell” rating in a research note on Friday, October 27th. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $43.97.

Shares of Intel (NASDAQ INTC) traded up $0.01 during trading hours on Wednesday, hitting $43.34. 21,299,910 shares of the company traded hands, compared to its average volume of 23,626,025. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.39. The stock has a market cap of $204,328.80, a P/E ratio of 13.73, a PEG ratio of 1.60 and a beta of 1.06. Intel has a fifty-two week low of $33.23 and a fifty-two week high of $47.30.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 26th. The chip maker reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.21. The business had revenue of $16.15 billion during the quarter, compared to the consensus estimate of $15.73 billion. Intel had a net margin of 22.31% and a return on equity of 22.65%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 EPS. sell-side analysts predict that Intel will post 3.25 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Tuesday, November 7th were given a $0.2725 dividend. The ex-dividend date of this dividend was Monday, November 6th. This represents a $1.09 annualized dividend and a dividend yield of 2.51%. Intel’s dividend payout ratio (DPR) is presently 38.11%.

In other Intel news, CEO Brian M. Krzanich sold 61,860 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $38.74, for a total value of $2,396,456.40. Following the completion of the sale, the chief executive officer now owns 543,948 shares in the company, valued at approximately $21,072,545.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Andy D. Bryant sold 89,087 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $44.80, for a total transaction of $3,991,097.60. Following the completion of the sale, the chairman now owns 428,789 shares of the company’s stock, valued at approximately $19,209,747.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,548,914 shares of company stock valued at $68,196,589. 0.08% of the stock is owned by insiders.

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Intel Company Profile

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Insider Buying and Selling by Quarter for Intel (NASDAQ:INTC)

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