Market Update: Intel Corporation (NASDAQ:INTC) – Is Intel Corp.’s Revised Guidance Conservative Enough?

[at Motley Fool] – A look at whether Intel’s newly revised guidance is conservative enough to avoid further downward guidance revisions. Read more on this. Intel Corporation (INTC) , valued at $137.13B, started trading this morning at $29.58. Today’s price range has been between $29.01 and $29.75 per share with its 52-week range being $24.87 to $35.59. Intel (INTC) shares are currently priced at 12.25x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 9.50x earnings multiple for the same period. And for income investors, the company pays shareholders $1.04 per share annually in dividends, yielding 3.37%. According to a consensus of 31 analysts, the earnings estimate of $0.50 per share would be $0.09 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $2.43, which would be a $0.10 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $14.08 Billion. If realized, that would be a 10.17% increase over the year-ago quarter. Recently, Goldman upgraded INTC from Sell to Neutral (Feb 3, 2016). Previously, Macquarie upgraded INTC from Neutral to Outperform. The average price target for INTC shares by the analysts covering it is $36.54, which is 23.53% above where the stock opened. See more in (NASDAQ:INTC) Similar Articles: Market Update: Intel Corporation (NASDAQ:INTC) – The 2016 Bullish and Bearish Case for Intel Market Update: Intel Corporation (NASDAQ:INTC) – Intel sees its future in sensors, drones, wearables Market Update: Intel Corporation (NASDAQ:INTC) – Intel (INTC) Stock Up on Regulatory Approval of $16.7 Billion Altera Deal
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