High Market Cap Stock of the Day – Intel Corporation (NASDAQ:INTC)

Jefferies Group now has a “Buy” rating and a $49.00 target price on the stock.

Several other equities analysts have also weighed in on the company.

For the current week, the company shares have a recommendation consensus of Buy. Argus restated a buy rating and set a $41.00 price objective on shares of Intel Corp.in a research note on Monday, July 25th. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $66.43 while the highest price target suggested by the analysts is $72.00 and low price target is $58.00.

Receive News & Ratings for Intel Corp. It is our core belief that value investing can outperform the market, hence the name “ValueWalk”.

Atomera Incorporated (NASDAQ:ATMR) [Trend Analysis] retains strong position in active trade, as shares scoring 2.84% to $8.34 in a active trade session, while looking at the shares volume, about 56013 shares have changed hands in this session. The P/E is 18.18, combined with a forward P/E of 13.6.

The company is trading above its 50-day moving averages of 35.47 and up from 200-day moving averages of 32.89.

Intel Corp. had a return on equity of 19.99% and a net margin of 17.84%. In the meantime, it announced, “Quiet Period” that started from September 16 and will continue until the third-quarter earnings release.

Presently, Analysts decided consensus EPS estimate of $0.67 for present quarter and one month ago projected EPS estimate was at $0.66. The business had revenue of $13.50 billion for the quarter, compared to analyst estimates of $13.54 billion. Intel Corp. The company’s revenue was up 2.6% on a year-over-year basis.

Currently Intel Corporation (INTC) captured an average recommendation of ” Overweight ” from analysts, according to FactSet data.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. If you’re tracking the timing of Intel’s previous announcement of hikes in dividends, it usually comes in November. Overweight rating was given by “2” and Underweight rating was given by “1”. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The disclosure for this sale can be found here. Following the transaction, the vice president now directly owns 84,505 shares in the company, valued at $2,912,042.30.

In the most recent quarter, revenue at Intel’s different product lines solidified expectations that the company is on the right track and its strategy is working. Day & Ennis LLC increased its stake in shares of Intel Corp.by 0.4% in the second quarter.

During last 3 month it remained at 16.39%. Carnick & Kubik LLC bought a new stake in Intel Corp. during the first quarter worth $100,000. Following the transaction, the chief executive officer now owns 435,796 shares of the company’s stock, valued at $14,263,603.08. Intel Corporation is comprised of insider ownership at 0.04% and institutional ownership of 66.90%.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s operating segments include the PC Client Group (PCCG) the Data Center Group (DCG) the Internet of Things Group (IOTG) the Mobile and Communications Group (MCG) the software and services (SSG) and all other. The Company’s platforms are used to deliver a range of computing experiences in notebooks 2 in 1 systems desktops servers tablets smartphones and the Internet of Things.