Intel (INTC): Today's Post-Market Laggard
Trade-Ideas LLC identified Intel ( INTC) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Intel as such a stock due to the following factors:
- INTC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $828.8 million.
- INTC is down 3.3% today from today's close.
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More details on INTC: Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. The stock currently has a dividend yield of 3%. INTC has a PE ratio of 15. Currently there are 19 analysts that rate Intel a buy, 3 analysts rate it a sell, and 9 rate it a hold. The average volume for Intel has been 22.0 million shares per day over the past 30 days. Intel has a market cap of $165.5 billion and is part of the technology sector and electronics industry. The stock has a beta of 1.06 and a short float of 1.6% with 3.07 days to cover. Shares are up 2% year-to-date as of the close of trading on Tuesday.
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Analysis:
rates Intel as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Highlights from the ratings report include:
- INTC's revenue growth has slightly outpaced the industry average of 5.9%. Since the same quarter one year prior, revenues slightly increased by 7.2%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The current debt-to-equity ratio, 0.41, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.12, which illustrates the ability to avoid short-term cash problems.
- The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- The net income growth from the same quarter one year ago has significantly exceeded that of the Semiconductors & Semiconductor Equipment industry average, but is less than that of the S&P 500. The net income increased by 2.7% when compared to the same quarter one year prior, going from $1,992.00 million to $2,046.00 million.
- You can view the full Intel Ratings Report.
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