Several research analysts believe that INTC would be releasing its quarterly earnings on the 22nd of July after the market closes. Most of the analysts have expected the company to put forward an EPS of $1.06 for the quarter. Investors and clients who want to be a part of the conference call of the company can log in from the official website.
The Quarterly Report Of INTC
INTC previously uploaded its quarterly earnings on the 21st of April. The company had put up an EPS of $1.39 for the quarter, which was more than the consensus estimate of $1.15. The net margin of the company is 23.93%, with a return on equity of 27.59%. The revenue generated by the company during this period was $18.60 billion which was more than the consensus estimate of $17.97 billion.
The stocks of INTC traded on Thursday at $56.52. The moving average price of the company over a period of 50 days is $56.44. The year low of the company is $43.61, with a year high set at $68.49. The quick ratio of the company is 1.54, with a 1.90 current ratio and a 0.42 debt-to-equity ratio. The market cap of the company is $228.23 billion with a 12.70 PE ratio and a 1.64 PEG ratio.
There have been quite a few research equities that have commented on the stocks of INTC. Citigroup has already reduced the price target of the company from $65 to $60 with a rating of neutral in a 21st June research report. Northland Securities has also put up a rating of sell with a price target of $48 in a 24th March research report. Mizuho Securities has also increased the price target of the company from $70 to $72 in a 24th March research report.
Thirteen different analysts have already provided the company with a rating of sell, while thirteen others have put up a rating of hold. Thirteen other research analysts have given the company a rating of buy. Currently, INTC has a hold rating with a $62.12 price target.
