Company Update: Intel Corporation (NASDAQ:INTC) – Stressed Out: What’s Bad for Intel Could Be Killer for AMD; Analysts Weigh in

[at TheStreet] – Investors betting on a recovery of AMD shares should take a closer look at lowered Intel outlook. Read more on this. Intel Corporation (INTC) , valued at $149.70B, opened this morning at $31.49. During today’s session, INTC traded between $31.17 to $31.80 with its 52-week range being $24.87 to $35.59. INTC shares are currently priced at 13.19x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 4.90x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.04 per share annually in dividends, yielding 3.27%. According to a consensus of 30 analysts, the earnings estimate of $0.49 per share would be $0.08 better than the year-ago quarter and a $0.01 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.40 would be a $0.07 improvement 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 $13.99 Billion. If realized, that would be a 9.47% increase over the year-ago quarter. In terms of ratings, Robert W. Baird upgraded INTC from Neutral to Outperform (Mar 3, 2016). Previously, Goldman upgraded INTC from Sell to Neutral. Investors should keep in mind is that the average price target is $35.95, which is 14.16% above where the stock opened this morning. See more in (NASDAQ:INTC) Similar Articles: Company Update: Intel Corporation (NASDAQ:INTC) – Intel (INTC) Stock: Canaccord Lowers Price Target on PC Supply Chain Data Points Company Update: Intel Corporation (NASDAQ:INTC) – Intel Could Slough Billions Off Q1 Sales On Notebook Depression Company Update: Intel Corporation (NASDAQ:INTC) – Why Does Intel Expect a Slow Start to 2016?