Somewhat Critical Media Coverage Somewhat Unlikely to Impact Intel (NASDAQ:INTC) Share Price

News headlines about Intel (NASDAQ:INTC) have been trending somewhat negative recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Intel earned a news sentiment score of -0.04 on Accern’s scale. Accern also gave headlines about the chip maker an impact score of 46.5463730993258 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern’s rankings:

Shares of Intel (NASDAQ INTC) traded up $1.25 on Wednesday, hitting $44.39. 32,360,000 shares of the stock were exchanged, compared to its average volume of 35,270,000. Intel has a fifty-two week low of $33.23 and a fifty-two week high of $47.64. The firm has a market cap of $207,750.00, a price-to-earnings ratio of 15.58, a price-to-earnings-growth ratio of 1.56 and a beta of 1.06. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.60 and a quick ratio of 1.27.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 26th. The chip maker reported $1.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.21. Intel had a net margin of 22.31% and a return on equity of 22.65%. The business had revenue of $16.15 billion for the quarter, compared to analyst estimates of $15.73 billion. During the same period last year, the business earned $0.80 EPS. The company’s revenue was up 2.4% on a year-over-year basis. equities research analysts expect that Intel will post 3.25 EPS for the current year.

Several research firms have recently weighed in on INTC. Zacks Investment Research raised Intel from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a report on Friday, September 22nd. Canaccord Genuity raised their target price on Intel from $41.00 to $45.00 and gave the stock a “hold” rating in a report on Friday, November 17th. JPMorgan Chase & Co. set a $53.00 target price on Intel and gave the stock a “buy” rating in a report on Thursday, January 4th. Oppenheimer reiterated a “hold” rating on shares of Intel in a research note on Thursday, January 4th. Finally, Sanford C. Bernstein set a $34.00 price objective on Intel and gave the company a “sell” rating in a research report on Wednesday, January 10th. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, twenty-seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $44.78.

In related news, insider Venkata S. M. Renduchintala sold 1,424 shares of the stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $46.73, for a total value of $66,543.52. Following the transaction, the insider now directly owns 1,536 shares of the company’s stock, valued at approximately $71,777.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian M. Krzanich sold 889,878 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $44.19, for a total transaction of $39,323,708.82. The disclosure for this sale can be found here. Insiders sold a total of 1,487,054 shares of company stock worth $65,800,132 over the last ninety days. Insiders own 0.08% of the company’s stock.

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About Intel

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Insider Buying and Selling by Quarter for Intel (NASDAQ:INTC)

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