Headlines about Intel (NASDAQ:INTC) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Intel earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the chip maker an impact score of 45.0406328780708 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
- House Republicans say probe found no evidence of collusion between Trump, Russia (feeds.reuters.com)
- The Wall Street Journal: Republicans on House intelligence panel find no evidence of collusion between Trump, Russia (marketwatch.com)
- U.S. House panel ending ‘interview phase’ of Trump-Russia investigation (feeds.reuters.com)
- Intel mulls Broadcom acquisition if Qualcomm takeover moves forward (datacenterdynamics.com)
- Intel Stock Chart Breakout Underwhelms (finance.yahoo.com)
Shares of Intel (NASDAQ INTC) traded down $0.67 during mid-day trading on Monday, hitting $51.52. 32,040,000 shares of the stock were exchanged, compared to its average volume of 34,990,000. Intel has a 52 week low of $33.23 and a 52 week high of $52.30. The firm has a market cap of $240,500.00, a PE ratio of 16.46, a price-to-earnings-growth ratio of 1.77 and a beta of 1.01. The company has a current ratio of 1.69, a quick ratio of 1.29 and a debt-to-equity ratio of 0.36.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 7th were paid a $0.30 dividend. This is a boost from Intel’s previous quarterly dividend of $0.27. The ex-dividend date was Tuesday, February 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.33%. Intel’s dividend payout ratio is currently 38.34%.
Several analysts have commented on the stock. Morningstar set a $41.00 target price on shares of Intel and gave the stock a “neutral” rating in a research report on Friday, January 26th. Morgan Stanley boosted their target price on shares of Intel from $39.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, January 26th. KeyCorp boosted their target price on shares of Intel from $50.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. ValuEngine downgraded shares of Intel from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 7th. Finally, BidaskClub raised shares of Intel from a “hold” rating to a “buy” rating in a report on Saturday, January 20th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $49.96.
In related news, CEO Brian M. Krzanich sold 5,873 shares of the stock in a transaction dated Wednesday, January 24th. The shares were sold at an average price of $45.58, for a total transaction of $267,691.34. Following the completion of the sale, the chief executive officer now owns 259,082 shares in the company, valued at approximately $11,808,957.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Venkata S. M. Renduchintala sold 17,946 shares of the stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $49.07, for a total transaction of $880,610.22. Following the sale, the insider now owns 1,536 shares of the company’s stock, valued at approximately $75,371.52. The disclosure for this sale can be found here. Insiders have sold a total of 123,914 shares of company stock valued at $6,011,490 in the last quarter. 0.08% of the stock is currently owned by corporate insiders.
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).
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