We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
On Tuesday, October, 18th, Intel (INTC - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of C. Intel was upgraded to a strong buy within the last 30 days as well
Dave will look at Intel’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Intel ahead of earnings.
Intel in Focus
Intel (INTC - Free Report) is one of the world's largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.
Intel is expected to report earnings at $0.73 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings beat at $0.59 per share beating the Zack’s Consensus Estimate of $0.53 per share, and they have an average surprise of 11.86% over the last four quarters.
Intel is trading around $37 a share, and they are near to their 52-week high of $38.36 per share.
Intel is tied to the semiconductor industry, and their industry is in the top 18%. The Semiconductor is a strong industry with strong growth due to strong consumer and business to business demand for Intel’s products. Having said that, Intel faces tough competition from competitors including Nvidia (NVDA - Free Report) and Texas Instruments (TXN - Free Report) . Intel has done a good job being an industry leader for years; however, they have to be mindful of other major competitors.
Bottom Line
How should investors play Intel ahead of their earnings report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1:00pm on Monday to see if he’ll be bullish, or bearish. If you are interested this stream and service, then sign up for Zacks Live Trader.
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +26% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 11X worse than the market. See these critical buys and sells free >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Best Options Trade for Intel (INTC) Earnings
On Tuesday, October, 18th, Intel (INTC - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of C. Intel was upgraded to a strong buy within the last 30 days as well
Dave will look at Intel’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Intel ahead of earnings.
Intel in Focus
Intel (INTC - Free Report) is one of the world's largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.
Intel is expected to report earnings at $0.73 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings beat at $0.59 per share beating the Zack’s Consensus Estimate of $0.53 per share, and they have an average surprise of 11.86% over the last four quarters.
INTEL CORP Price, Consensus and EPS Surprise
INTEL CORP Price, Consensus and EPS Surprise | INTEL CORP Quote
Intel is trading around $37 a share, and they are near to their 52-week high of $38.36 per share.
Intel is tied to the semiconductor industry, and their industry is in the top 18%. The Semiconductor is a strong industry with strong growth due to strong consumer and business to business demand for Intel’s products. Having said that, Intel faces tough competition from competitors including Nvidia (NVDA - Free Report) and Texas Instruments (TXN - Free Report) . Intel has done a good job being an industry leader for years; however, they have to be mindful of other major competitors.
Bottom Line
How should investors play Intel ahead of their earnings report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1:00pm on Monday to see if he’ll be bullish, or bearish. If you are interested this stream and service, then sign up for Zacks Live Trader.
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +26% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 11X worse than the market. See these critical buys and sells free >>