Intel Stock -Latest Status in Intel Stock Movements

  Intel Stock -Latest Status in Intel Stock Movements Intel Stock closed the last trading day at $ 56.90,  -0.63 % move relative to the previous trading session. This change was narrower than the S&P 500's 0.67 % daily loss. Thus, INTC is expected to report earnings of $ 1.07 per share,  13.01 % decline year-over-year. Meanwhile, the Zacks Consensus Forecast for revenue predicts net sales of $ 17.97 billion, down 8,9 %  from the prior period. INTC's ( INTC (NasdaqGS) $56.56 -1.11(-1.92% ) full-year Zacks Consensus Forecasts call for earnings of $ 4.62 per share and $ 73.67 billion in revenue. Investors may notice recent revisions in analyst forecasts for INTC. These revisions reflect the latest short-term business trends that can change frequently. With these in mind, it is useful to accept positive forecast revisions as a sign of optimism regarding the business outlook of the company.

Intel Stock closed the last trading day at $ 56.90,  -0.63 % move relative

Traders can take advantage of this by using Zacks Rank. The model takes these forecast changes into account and provides a simple, actionable ranking system. Investors should also take note of INTC's current valuation metrics, including the Forward P / E ratio of 12.39. This valuation points to a reduction compared to the sector's average Forward P / E of 23.55. The Zacks Industry Ranking of the “Semiconductor” group, which is part of the computer and technology industry, is 125. This ranking; makes it one of the top 50 % in the list of more than 250 industries.    

Source: finance.yahoo.com

 

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