Intel Corporation (NASDAQ:INTC) Relative Strength Index (RSI) is 64.49, with weekly volatility at 2.28% and ATR at 1.25. The INTC stock’s 52-week price range has touched low of $43.61 and a $69.29 high. Intraday shares traded counted 57.75 million, which was -72.6% lower than its 30-day average trading volume of 33.46M. Its shares traded higher over the last trading session, gaining 2.50% on 12/01/20. The shares fell to a low of $48.71 before closing at $49.56. INTC’s previous close was $48.35 while the outstanding shares total 4.19B. The firm has a beta of 0.71, a 12-month trailing P/E ratio of 9.72, and a growth ratio of 1.22.
Investors have identified the Semiconductors company Intel Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $201.38 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Intel Corporation (INTC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For INTC, the company has in raw cash 3.36 billion on their books with 504.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 36785000000 million total, with 22112000000 million as their total liabilities.
INTC were able to record 15.1 billion as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by -838.0 million. In cash movements, the company had a total of 25.49 billion as operating cash flow.
Potential earnings growth for Intel Corporation (INTC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Intel Corporation recorded a total of 18.33 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -4.67% coming in sequential stages and their sales for the third quarter reducing by -7.61%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 8.59 billion trying to sell their products during the last quarter, with the result yielding a gross income of 9.74 billion. This allows shareholders to hold on to 4.19B with the revenue now reading 1.02 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (1.10 cents a share).
Having a look at the company’s valuation, the company is expected to record 4.87 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on INTC sounds very interesting.
Is the stock of INTC attractive?
In related news, EVP, GM – Data Platforms Group, Shenoy Navin sold 2,848 shares of the company’s stock in a transaction that recorded on Nov 02. The sale was performed at an average price of 44.96, for a total value of 128,046. As the sale deal closes, the VP Finance, Corp. Controller, McBride Kevin Thomas now sold 589 shares of the company’s stock, valued at 26,481. Also, EVP, GM, CCG, Bryant Gregory M sold 3,692 shares of the company’s stock in a deal that was recorded on Nov 02. The shares were price at an average price of 44.96 per share, with a total market value of 165,992. Following this completion of acquisition, the CEO, SWAN ROBERT HOLMES now holds 8,021 shares of the company’s stock, valued at 360,624. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.05%.