Intel (NASDAQ: INTC) has recently received a number of price target changes and ratings updates:
Intel Co. (NASDAQ:INTC) opened at 35.44 on Monday. Intel Co. has a one year low of $27.68 and a one year high of $38.36. The company has a market capitalization of $167.95 billion, a P/E ratio of 16.63 and a beta of 1.07. The firm has a 50-day moving average of $35.46 and a 200 day moving average of $34.41.
Intel (NASDAQ:INTC) last posted its quarterly earnings results on Tuesday, October 18th. The chip maker reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.07. The business earned $15.78 billion during the quarter, compared to analyst estimates of $15.58 billion. Intel had a net margin of 17.90% and a return on equity of 21.05%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 earnings per share. On average, equities analysts forecast that Intel Co. will post $2.67 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Monday, November 7th will be given a $0.26 dividend. The ex-dividend date is Thursday, November 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.93%. Intel’s payout ratio is currently 49.06%.