Intel Co. (NASDAQ:INTC – Get Free Report) was the recipient of unusually large options trading on Tuesday. Traders acquired 617,741 call options on the stock. This is an increase of approximately 36% compared to the average volume of 454,501 call options.
Wall Street Analyst Weigh In
Several research firms have recently commented on INTC. UBS Group cut their price objective on Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, January 21st. Hsbc Global Res upgraded shares of Intel from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Barclays dropped their target price on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. HSBC upgraded Intel from a “reduce” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, Benchmark reaffirmed a “hold” rating on shares of Intel in a research report on Friday, January 31st. Four investment analysts have rated the stock with a sell rating, twenty-eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $27.04.
Check Out Our Latest Research Report on INTC
Institutional Trading of Intel
Intel Price Performance
Shares of NASDAQ:INTC opened at $25.69 on Tuesday. The firm has a 50 day moving average of $21.56 and a 200-day moving average of $21.90. Intel has a 12 month low of $18.51 and a 12 month high of $45.41. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $111.24 billion, a PE ratio of -5.87 and a beta of 1.02.
Intel (NASDAQ:INTC – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. On average, equities research analysts predict that Intel will post -0.11 EPS for the current fiscal year.
About Intel
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.
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