Stock Update: Intel Corporation (NASDAQ:INTC) – Why Investors Hated Intel’s Q4 Earnings Beat

[at Investopedia] – Intel’s results weren’t as bad as the effect to its stock price would indicate. Read more on this. Intel Corporation (INTC) , valued at $141.29B, began trading this morning at $29.63. Looking at the stock, its one day range is $29.50 to $30.50 and has traded between $24.87 and $37.03 over the past year. INTC shares are currently priced at 13.81x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.22x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $0.96 per share annually in dividends, yielding 2.99%. Consensus earnings for the current quarter by the 40 sell-side analysts covering the stock is an estimate of $0.50 per share, which would be $0.09 better than the year-ago quarter and a $0.01 sequential increase. Investors should also note that the full-year EPS estimate of $2.37 is a $0.04 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $13.89 Billion. If realized, that would be a 8.69% increase over the year-ago quarter. In terms of ratings, Sun Trust Rbsn Humphrey Initiated INTC at Neutral (Jan 14, 2016). Previously, Mizuho upgraded INTC from Neutral to Buy. Investors should keep in mind is that the average price target is $36.45, which is 23.02% above where the stock opened this morning. See more in (NASDAQ:INTC) Similar Articles: Company Update: Intel Corporation (NASDAQ:INTC) – What to Expect From Intel Earnings Market Update: Intel Corporation (NASDAQ:INTC) – Why Intel Belongs In Your Portfolio Ahead of Earnings Stock Update: Intel Corporation (NASDAQ:INTC) – Can Intel Turn Itself Back Around With Earnings?