Stock Rating Downgrade
The Value Trend Rating for Intel Corp (NASDAQ: INTC) weakened in recent days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/20/24, Intel Corp (NASDAQ: INTC) stock rose modestly by 0.8%, closing at $32.10. However, this advance was accompanied by unusually low trading volume at 63% of normal. Relative to the market the stock has been weak over the last nine months but has risen 7.5% during the last week.
Current PriceTarget Research Rating
INTC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Intel has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Intel has a very high Appreciation Score of 91 but a poor Power Rating of 23, leading to the High Neutral Value Trend Rating.
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