Intel Corp (NASDAQ: INTC) has reported E.P.S. of $-0.09 for its first fiscal quarter (ending March 31) versus $-0.66 for the same period a year ago. E.P.S. were $0.96 for the latest four quarters through March 31 versus $-0.68 for the same period a year ago.
Recent Price Action
Intel Corp (NASDAQ: INTC) stock closed at $35.11 on 4/25/24 after an increase of 1.8%. Moreover, this advance was accompanied by above average trading volume at 135% of normal. The stock has declined -1.6% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, INTC is expected to continue to be an important Value Builder.
Intel has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Intel has a slightly positive Power Rating of 65 and a very high Appreciation Score of 87, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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