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Intel (INTC) Stock Moves -1.63%: What You Should Know
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Intel (INTC - Free Report) closed the most recent trading day at $47.08, moving -1.63% from the previous trading session. This change was narrower than the S&P 500's daily loss of 2.08%. Elsewhere, the Dow lost 2.11%, while the tech-heavy Nasdaq lost 2.27%.
Prior to today's trading, shares of the world's largest chipmaker had lost 0.52% over the past month. This has was narrower than the Computer and Technology sector's loss of 1.55% and the S&P 500's loss of 3.6% 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. 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.
It is also important to note the recent changes to analyst estimates for INTC. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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).
Investors should also note INTC's current valuation metrics, including its Forward P/E ratio of 10.57. This represents a discount compared to its industry's average Forward P/E of 12.31.
Also, we should mention that INTC has a PEG ratio of 1.26. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Semiconductor - General was holding an average PEG ratio of 1.78 at yesterday's closing price.
The Semiconductor - General industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 209, which puts 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Intel (INTC) Stock Moves -1.63%: What You Should Know
Intel (INTC - Free Report) closed the most recent trading day at $47.08, moving -1.63% from the previous trading session. This change was narrower than the S&P 500's daily loss of 2.08%. Elsewhere, the Dow lost 2.11%, while the tech-heavy Nasdaq lost 2.27%.
Prior to today's trading, shares of the world's largest chipmaker had lost 0.52% over the past month. This has was narrower than the Computer and Technology sector's loss of 1.55% and the S&P 500's loss of 3.6% 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. 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.
It is also important to note the recent changes to analyst estimates for INTC. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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).
Investors should also note INTC's current valuation metrics, including its Forward P/E ratio of 10.57. This represents a discount compared to its industry's average Forward P/E of 12.31.
Also, we should mention that INTC has a PEG ratio of 1.26. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Semiconductor - General was holding an average PEG ratio of 1.78 at yesterday's closing price.
The Semiconductor - General industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 209, which puts 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.