Intel (NASDAQ:INTC) Stock Price Up 1.7% - Should You Buy?

Intel Co. (NASDAQ:INTC - Get Free Report) shares rose 1.7% during mid-day trading on Monday . The company traded as high as $21.08 and last traded at $20.39. Approximately 41,743,531 shares changed hands during trading, a decline of 47% from the average daily volume of 79,321,259 shares. The stock had previously closed at $20.05.

Wall Street Analyst Weigh In

INTC has been the topic of a number of analyst reports. Seaport Res Ptn raised shares of Intel to a "strong sell" rating in a report on Wednesday. UBS Group cut their price target on shares of Intel from $22.00 to $21.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. Cantor Fitzgerald cut their price target on shares of Intel from $29.00 to $20.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. Wells Fargo & Company cut their price target on shares of Intel from $25.00 to $22.00 and set an "equal weight" rating on the stock in a report on Friday, April 25th. Finally, Wedbush cut their price target on shares of Intel from $20.00 to $19.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. Six analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $22.23.

Intel Stock Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. The company's 50-day moving average price is $21.61 and its two-hundred day moving average price is $21.81. The stock has a market cap of $87.12 billion, a PE ratio of -4.56 and a beta of 1.13.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, April 24th. The chip maker reported $0.13 EPS for the quarter, beating the consensus estimate of $0.01 by $0.12. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. The company had revenue of $12.67 billion for the quarter, compared to analyst estimates of $12.26 billion. During the same quarter last year, the firm earned $0.18 EPS. The firm's quarterly revenue was down .4% compared to the same quarter last year. On average, equities research analysts forecast that Intel Co. will post -0.11 EPS for the current year.

Institutional Investors Weigh In On Intel

A number of large investors have recently added to or reduced their stakes in INTC. Finley Financial LLC bought a new stake in shares of Intel during the 4th quarter valued at about $25,000. Synergy Investment Management LLC bought a new stake in shares of Intel during the fourth quarter valued at approximately $27,000. Vermillion Wealth Management Inc. purchased a new position in Intel in the 4th quarter worth approximately $27,000. BankPlus Trust Department purchased a new stake in Intel during the 4th quarter valued at $28,000. Finally, Keystone Financial Group Inc. purchased a new stake in Intel during the 4th quarter valued at $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.