Intel Shares Slide After First-quarter Earnings Release

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Shares of Intel Co. (NASDAQ:INTC) from a hold rating to a buy rating in a report published on Monday morning.

Other analysts have also issued research reports about the stock. Loop Capital initiated coverage on shares of Intel in a research note on Tuesday, December 13th. Finally, Citigroup Inc reissued a "hold" rating on shares of Intel in a report on Saturday, February 11th.

Depending on the earnings numbers reported, Intel Corporation (NASDAQ:INTC) stock may see increased volatility following the report. The stock of Intel Corporation (NASDAQ:INTC) earned "Buy" rating by Mizuho on Wednesday, April 12. The share price is now down -1.29% for the past three months. They noted that the move was a valuation call. Six investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-six have issued a buy rating to the company. Bernstein Downgrades the company's stock to Underperform on 3/01/17 by setting a price target of $30. $403,281 worth of Intel Corporation (NASDAQ:INTC) shares were sold by Bryant Diane M. The stock traded at a volume of 22.01 million shares.

Intel Co. has a 52 week low of $29.50 and a 52 week high of $38.45. Korea Investment CORP now owns 3,427,798 shares of the chip maker's stock valued at $129,399,000 after buying an additional 402,824 shares during the period. The company has a market cap of $174.61 billion, a PE ratio of 17.42 and a beta of 1.03.

In terms of earnings per share, 23 analysts have a 1.77 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 23 analysts have a 1.87 EPS mean target and for the quarter ending Sep-17 there are 27 estimates of 7.22 EPS.

A company's PE (price-to-earnings) ratio tells us the amount investors are willing to pay for every dollar of a company's EPS (earnings per share). Intel's revenue for the quarter was up 10.1% on a year-over-year basis.

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Intel also raised its full-year revenue forecast to about $60 billion and its adjusted profit forecast to $2.85 per share, plus or minus 5 percent.

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The business also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Sunday, May 7th will be given a dividend of $0.2725 per share. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.95%. Intel's dividend payout ratio is presently 49.29%. Looking back over the last month, shares have performed 4.86%. Analyst's mean target price for INUV is $3.17 while analysts mean recommendation is 1.70. Following the completion of the transaction, the insider now owns 318,654 shares of the company's stock, valued at approximately $11,560,767.12. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Analyst recommendation for this stock stands at 2.50. The stock was sold at an average price of $37.13, for a total value of $659,243.15. The disclosure for this sale can be found here. The company reported its last quarter on 12/31/2016. Stock investors acquired 4,477 put options on the company. Albion Financial Group UT now owns 80,767 shares of the chip maker's stock valued at $3,049,000 after buying an additional 56,838 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Intel by 0.6% in the third quarter. This showed the surprise of 5.3% in the last quarter earnings. Finally, Gulf International Bank UK Ltd raised its position in Intel by 1.4% in the third quarter. As with any strategy, it is important to carefully consider risk and other market factors that might be in play when examining stock volatility levels.

Intel, however, argues that its manufacturing technology remains a couple of years ahead of its rivals, giving Intel an advantage in production costs. Client Computing Group revenue rose 6% to $8 billion, while Data Center Group revenue ticked higher by 6% to $4.2 billion.

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