Intel Corporation (INTC) Stock Is a No-Brainer Buy Ahead of Earnings

Behind Intel’s Transition into a Data Centric Company

Intel Corporation (NASDAQ:INTC) Quarterly growth Review

During the first quarter, Intel also generated about $3.9 billion in cash from operations, paid dividends of $1.2 billion, and used $1.2 billion to repurchase 35 million shares of stock.

Intel Security Group revenue of $534 million, down 1%. Westwood Management Corp IL purchased a new position in Intel during the third quarter valued at approximately $415,000. (NASDAQ:INTC) by 23.0% during the fourth quarter, Holdings Channel reports. The stock's 52-week range is $29.50 - $38.45. The company has a market cap of $174.61 billion, a PE ratio of 17.42 and a beta of 1.03. Intel Co. Intel also was the target of unusually large options trading activity on Monday. Prudential PLC now owns 4,891,130 shares of the chip maker's stock valued at $177,401,000 after buying an additional 653,104 shares during the period. In terms of recent volatility, the average for the month is 1.24% and 1.13% for the past week.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, January 26th. The chip maker reported $0.79 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.75 by $0.04.

Intel also said that for its current (second) quarter, it estimates sales of $14.4 billion, "plus or minus" $500 million, which puts Intel's sales forecast range between $13.9 billion and $14.9 billion. Presently, it has a Return on Equity (ROE) of 6.30% and Return on Investment (ROI) of 5.30%. In the last quarter, insiders sold 186,703 shares of company stock worth $6,728,262. They expect $0.20 EPS, up 66.67% or $0.08 from last year's $0.12 per share. Investors of record on Sunday, May 7th will be issued a $0.2725 dividend. This represents a $1.09 annualized dividend and a dividend yield of 2.95%.

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According to Zacks brokerage recommendations, Intel Corporation (NASDAQ:INTC)'s Buy count is 1 and Strong Buy is 14 while the number of analysts recommending Sell and Strong Sell are 0 and 8, respectively. The stock of Intel Corporation (NASDAQ:INTC) earned "Buy" rating by Mizuho on Wednesday, April 12. They noted that the move was a valuation call. Brean Capital restated a buy rating on shares of Intel in a report on Tuesday, December 13th. Wells Fargo & Co reissued a "top pick" rating and set a $45.00 price target on shares of Intel in a research note on Tuesday, January 3rd. Finally, Barclays PLC reissued an "overweight" rating and issued a $45.00 target price on shares of Intel in a report on Friday, January 27th. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.

Intel is fundamentally strong, but its stock is now trading at a lower price due to its slowing growth. The stock has earnings growth of 88.40% yoy and showed a low EPS growth of -59.90% over the past five years. The shares were sold at an average price of $37.13, for a total value of $659,243.15. Manning And Napier Limited Liability Company owns 584,857 shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

In other Intel news, EVP Diane M. Bryant sold 680 shares of the business's stock in a transaction on Monday, January 30th.

Looking about the past performance history, the company jumped 3.08% in past week and climbed 4.86% in one month. The disclosure for this sale can be found here.

Intel, however, argues that its manufacturing technology remains a couple of years ahead of its rivals, giving Intel an advantage in production costs.

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