Intel (NASDAQ:INTC) Stock Price Down 2.5% – Should You Sell?

Intel Co. (NASDAQ:INTC)’s share price was down 2.5% during mid-day trading on Friday . The company traded as low as $25.39 and last traded at $25.45. Approximately 34,847,180 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 95,607,469 shares. The stock had previously closed at $26.09.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on INTC shares. Hsbc Global Res raised Intel from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 21st. Robert W. Baird lifted their target price on Intel from $20.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Citigroup cut their target price on Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Tuesday, January 21st. Stifel Nicolaus cut their target price on Intel from $25.00 to $21.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Finally, Cantor Fitzgerald upped their target price on Intel from $22.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday. Five analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Intel has a consensus rating of “Hold” and a consensus target price of $26.88.

Intel Stock Performance

The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. The company has a market cap of $107.80 billion, a PE ratio of -5.68 and a beta of 1.08. The business’s fifty day moving average is $20.75 and its 200-day moving average is $21.62.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. As a group, research analysts predict that Intel Co. will post -0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Finley Financial LLC acquired a new position in shares of Intel during the fourth quarter valued at about $25,000. Synergy Investment Management LLC acquired a new position in Intel in the 4th quarter worth approximately $27,000. Vermillion Wealth Management Inc. acquired a new position in Intel in the 4th quarter worth approximately $27,000. BankPlus Trust Department purchased a new stake in Intel in the 4th quarter worth approximately $28,000. Finally, Keystone Financial Group Inc. purchased a new stake in Intel in the 4th quarter worth approximately $29,000. Institutional investors own 64.53% of the company’s stock.

Intel Company Profile

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.