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) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
Intel (INTC - Free Report) closed at $48.35 in the latest trading session, marking a -1.19% move from the prior day. This change lagged the S&P 500's daily loss of 0.53%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Prior to today's trading, shares of the world's largest chipmaker had gained 1.33% over the past month. This has outpaced the Computer and Technology sector's loss of 1.88% and the S&P 500's loss of 1.47% in that time.
Investors will be hoping for strength from INTC as it approaches its next earnings release, which is expected to be January 24, 2019. The company is expected to report EPS of $1.22, up 12.96% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $19.01 billion, up 11.48% from the year-ago period.
Investors should also note any recent changes to analyst estimates for INTC. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.19% lower. INTC is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note INTC's current valuation metrics, including its Forward P/E ratio of 10.73. For comparison, its industry has an average Forward P/E of 12.39, which means INTC is trading at a discount to the group.
We can also see that INTC currently has a PEG ratio of 1.28. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Semiconductor - General stocks are, on average, holding a PEG ratio of 1.89 based on yesterday's closing prices.
The Semiconductor - General industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 108, putting it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Intel (INTC) Dips More Than Broader Markets: What You Should Know
Intel (INTC - Free Report) closed at $48.35 in the latest trading session, marking a -1.19% move from the prior day. This change lagged the S&P 500's daily loss of 0.53%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Prior to today's trading, shares of the world's largest chipmaker had gained 1.33% over the past month. This has outpaced the Computer and Technology sector's loss of 1.88% and the S&P 500's loss of 1.47% in that time.
Investors will be hoping for strength from INTC as it approaches its next earnings release, which is expected to be January 24, 2019. The company is expected to report EPS of $1.22, up 12.96% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $19.01 billion, up 11.48% from the year-ago period.
Investors should also note any recent changes to analyst estimates for INTC. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.19% lower. INTC is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note INTC's current valuation metrics, including its Forward P/E ratio of 10.73. For comparison, its industry has an average Forward P/E of 12.39, which means INTC is trading at a discount to the group.
We can also see that INTC currently has a PEG ratio of 1.28. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Semiconductor - General stocks are, on average, holding a PEG ratio of 1.89 based on yesterday's closing prices.
The Semiconductor - General industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 108, putting it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.