Intel Corporation (NASDAQ:INTC) Has 22 Percent Upside Potential

Intel Corporation (NASDAQ:INTC) shares traded 0.77% during the most recent session the stock exchanged hands 22.04M shares versus average trading capacity of 22.67M shares, yielding a market cap of $177.30B. Wall Street analysts covering the stock are projecting that the stock will reach $40.18 within the next 52-weeks. The mean target projections are based on 34 opinions, the mean target was last revised on 05/01/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Intel Corporation (NASDAQ:INTC) high price target of $45.00 and with a conservative view have low price target of $30.00 with a standard deviation of $3.36. If seeing target price from optimistic overview then it has a 22 percent upside potential from the latest closing price of $36.98.

Intel Corporation (NASDAQ:INTC) “Initiated” by Macquarie in a research note issued to investors on Mar-31-17 as Outperform at $40.

Additionally on Mar-15-17 Intel Corporation (NASDAQ:INTC) was “Downgraded” by Credit Suisse from Outperform to Neutral and on Mar-01-17 the stock was “Downgraded” by Bernstein from Mkt Perform to Underperform. Furthermore on Feb-10-17 the stock was “Downgraded” by Canaccord Genuity from Buy to Hold from $43 to $38.

On the other hand the company has Relative Strength Index (RSI 14) of 62.62 along with Average True Range (ATR 14) of 0.56, Consequently Intel Corporation (NASDAQ:INTC) weekly and monthly volatility is 1.68%, 1.31% respectively. The company’s beta value is at 1.02.

In terms of Buy, Sell or Hold recommendations, Intel Corporation (NASDAQ:INTC) has analysts’ mean recommendation of 2.50. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Intel Corporation (NASDAQ:INTC) will report earnings of $0.68 for the current quarter, however the company’s high EPS estimates are $0.69 and low estimates are $0.67. However the company reported $0.59 earnings per share for the same quarter during last year.

Previously Intel Corporation (NASDAQ:INTC) reported $0.66 earnings per share (EPS) for the quarter on 4/27/2017 After Market Close, beating the consensus estimate of $0.65 by $0.01. The company posted an earnings surprise of 1.54%.

While considering growth estimates of the company, it has next quarter growth estimates of -7.50% whereas during current quarter it has 15.30% estimations over growth, comparing to the estimations of 4.80% during current year and 4.20% for next year. Past 5 years growth of Intel Corporation (NASDAQ:INTC) observed at 6.76%, looking forward for the next 5 years it has a strong prediction of 8.36% over growth.

Intel Corporation (NASDAQ:INTC) revenue estimates for the current quarter are $14.41B according to 33 number of analysts, for the current quarter the company has high revenue estimates of $14.49B in contradiction of low revenue estimates of $14.37B. For the current year the company’s revenue estimates are $60.15B compared to low analyst estimates of $59.41B and high estimates of $61.23B according 39 number of analysts.

Currently Intel Corporation (NASDAQ:INTC) shares owned by insiders are 0.04%, whereas shares owned by institutional owners are 69.50%. However the six-month change in the insider ownership was recorded -18.63%, as well as three-month change in the institutional ownership was recorded -0.17%.

Intel Corporation (NASDAQ:INTC) trading -3.14% away from its 52 week high of $38.18 and +28.17% far from the stock’s low point over the past 52 weeks, which was $28.85. The stock hit its 52-week high on 01/27/17, and 52-week low on 05/19/16. The company’s trailing twelve month income is 10.32B dollars and is paying 2.95% dividend yield annually.

Intel Corporation (NASDAQ:INTC) trailing twelve month revenues are $59.39B, whereas its price to sales ratio for the same period is 3.04. Its book value per share for the most recent quarter is $14.15 while its price to book ratio for the same period is 2.61, as for as the company’s cash per share for the most recent quarter is $3.54, however its price to cash per share ratio for the same period is 10.44. The stock has a current PEG ratio of 2.09 where as its trailing twelve month P/E ratio is 17.48.

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