Intel (NASDAQ:INTC) Receives Daily News Impact Score of -1.14

Media coverage about Intel (NASDAQ:INTC) has trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Intel earned a media sentiment score of -1.14 on their scale. InfoTrie also assigned press coverage about the chip maker an news buzz score of 2 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news headlines that may have impacted Intel’s analysis:

Shares of INTC traded down $0.07 during trading hours on Friday, reaching $58.49. The stock had a trading volume of 20,464,197 shares, compared to its average volume of 18,158,996. The company has a quick ratio of 1.30, a current ratio of 1.73 and a debt-to-equity ratio of 0.34. Intel has a 52 week low of $42.36 and a 52 week high of $59.59. The stock has a market cap of $273.63 billion, a P/E ratio of 12.77, a P/E/G ratio of 1.54 and a beta of 0.79.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, January 24th. The chip maker reported $1.28 EPS for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.06. Intel had a net margin of 29.72% and a return on equity of 30.08%. The business had revenue of $18.66 billion during the quarter, compared to analysts’ expectations of $19.02 billion. During the same quarter in the prior year, the company earned $1.08 EPS. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. On average, equities research analysts expect that Intel will post 4.51 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 1st. Shareholders of record on Tuesday, May 7th will be issued a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Monday, May 6th. Intel’s dividend payout ratio (DPR) is presently 27.51%.

Several research analysts have recently commented on INTC shares. BidaskClub downgraded Intel from a “buy” rating to a “hold” rating in a report on Thursday, January 17th. Royal Bank of Canada reaffirmed a “neutral” rating and set a $55.00 price objective on shares of Intel in a report on Wednesday, January 23rd. Morgan Stanley raised Intel from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $55.00 to $64.00 in a report on Friday, February 22nd. Citigroup reaffirmed a “buy” rating and set a $54.00 price objective (up previously from $50.00) on shares of Intel in a report on Friday, January 11th. Finally, Goldman Sachs Group reaffirmed a “sell” rating and set a $45.00 price objective on shares of Intel in a report on Wednesday, April 3rd. Six analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $55.40.

In other news, EVP Steven Ralph Rodgers sold 25,170 shares of the stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $55.00, for a total transaction of $1,384,350.00. Following the completion of the transaction, the executive vice president now directly owns 48,140 shares in the company, valued at approximately $2,647,700. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Navin Shenoy sold 8,551 shares of the stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $54.33, for a total transaction of $464,575.83. Following the transaction, the executive vice president now owns 67,388 shares of the company’s stock, valued at $3,661,190.04. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,431 shares of company stock valued at $3,500,497. Corporate insiders own 0.02% of the company’s stock.

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About Intel

Intel Corporation offers computing, networking, data storage, and communication solutions worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments. The company offers microprocessors, and system-on-chip and multichip packaging products.

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