For its third fiscal quarter (ending September 30), Intel Corp (NASDAQ: INTC) has reported a -5643% decline in E.P.S. from $0.07 a year ago to $-3.88 in the current quarter. E.P.S. were $-3.74 for the latest four quarters through September 30 versus $-0.39 for the same period a year ago — an increase of 859%.
Recent Price Action
On 10/31/24, Intel Corp (NASDAQ: INTC) stock declined by -3.5%, closing at $21.52. Moreover, this decline was accompanied by above average trading volume at 138% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -2.1% 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 (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 97 but a very low Power Rating of 2, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment