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.
Intel (INTC) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
Intel (INTC - Free Report) closed at $47.38 in the latest trading session, marking a +0.36% move from the prior day. This move outpaced the S&P 500's daily loss of 0.04%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq gained 0.16%.
Prior to today's trading, shares of the world's largest chipmaker had gained 1.2% over the past month. This has outpaced the Computer and Technology sector's loss of 4.01% and the S&P 500's loss of 4.99% in that time.
Wall Street will be looking for positivity from INTC as it approaches its next earnings report date. This is expected to be January 24, 2019. In that report, analysts expect INTC to post earnings of $1.22 per share. This would mark year-over-year growth of 12.96%. Meanwhile, our latest consensus estimate is calling for revenue of $19.01 billion, up 11.48% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.53 per share and revenue of $71.20 billion. These totals would mark changes of +30.92% and +13.45%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for INTC. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. INTC is currently a Zacks Rank #1 (Strong Buy).
In terms of valuation, INTC is currently trading at a Forward P/E ratio of 10.42. This represents a discount compared to its industry's average Forward P/E of 12.24.
Meanwhile, INTC's PEG ratio is currently 1.24. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Semiconductor - General industry currently had an average PEG ratio of 1.77 as of yesterday's close.
The Semiconductor - General industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 208, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTC in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Intel (INTC) Gains As Market Dips: What You Should Know
Intel (INTC - Free Report) closed at $47.38 in the latest trading session, marking a +0.36% move from the prior day. This move outpaced the S&P 500's daily loss of 0.04%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq gained 0.16%.
Prior to today's trading, shares of the world's largest chipmaker had gained 1.2% over the past month. This has outpaced the Computer and Technology sector's loss of 4.01% and the S&P 500's loss of 4.99% in that time.
Wall Street will be looking for positivity from INTC as it approaches its next earnings report date. This is expected to be January 24, 2019. In that report, analysts expect INTC to post earnings of $1.22 per share. This would mark year-over-year growth of 12.96%. Meanwhile, our latest consensus estimate is calling for revenue of $19.01 billion, up 11.48% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.53 per share and revenue of $71.20 billion. These totals would mark changes of +30.92% and +13.45%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for INTC. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. INTC is currently a Zacks Rank #1 (Strong Buy).
In terms of valuation, INTC is currently trading at a Forward P/E ratio of 10.42. This represents a discount compared to its industry's average Forward P/E of 12.24.
Meanwhile, INTC's PEG ratio is currently 1.24. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Semiconductor - General industry currently had an average PEG ratio of 1.77 as of yesterday's close.
The Semiconductor - General industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 208, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTC in the coming trading sessions, be sure to utilize Zacks.com.