Intel (NASDAQ:INTC) Given New $20.00 Price Target at Roth Mkm

Intel (NASDAQ:INTC) had its price target decreased by equities researchers at Roth Mkm from $25.00 to $20.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the chip maker’s stock. Roth Mkm’s price objective indicates a potential downside of 0.05% from the stock’s current price.

Several other analysts have also weighed in on the company. Benchmark reissued a “hold” rating on shares of Intel in a report on Friday, November 1st. Hsbc Global Res upgraded Intel from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 21st. Mizuho cut their target price on shares of Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, January 10th. HSBC upgraded shares of Intel from a “reduce” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, Rosenblatt Securities reissued a “sell” rating and set a $20.00 price objective on shares of Intel in a research note on Thursday. Five equities research analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $27.80.

Intel Stock Up 1.3 %

INTC stock opened at $20.01 on Friday. The stock has a market capitalization of $86.30 billion, a PE ratio of -5.38, a price-to-earnings-growth ratio of 9.64 and a beta of 1.07. Intel has a one year low of $18.51 and a one year high of $46.63. The company has a fifty day moving average of $20.97 and a 200-day moving average of $22.63. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.97 and a current ratio of 1.31.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%. As a group, analysts expect that Intel will post -0.87 EPS for the current year.

Insider Activity at Intel

In other news, EVP Michelle Johnston Holthaus sold 25,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $26.00, for a total value of $650,000.00. Following the completion of the sale, the executive vice president now owns 273,258 shares of the company’s stock, valued at approximately $7,104,708. This represents a 8.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.04% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Quest Partners LLC grew its stake in Intel by 7,370.6% in the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after buying an additional 1,253 shares during the last quarter. Finley Financial LLC acquired a new stake in Intel during the 4th quarter worth approximately $25,000. Keystone Financial Group Inc. bought a new stake in Intel in the 4th quarter valued at $29,000. FSA Wealth Management LLC acquired a new position in Intel in the 3rd quarter valued at $34,000. Finally, Capital Performance Advisors LLP bought a new position in Intel during the 3rd quarter worth $36,000. 64.53% of the stock is owned by institutional investors and hedge funds.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.