Stock Update: Intel Corporation (NASDAQ:INTC) – Intel must show cloud growth to fuel restructuring
July 19, 2016 at 10:57 AM EDT
[at MarketWatch] – Intel is expected to show growth in its data centers and Internet of Things businesses when it reports second-quarter earnings. Read more on this. , valued at $ecting to http://finance.ya, finished at $. During today’s session, INTC traded between $ with its 52-week range being $. Intel (INTC) shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $ which would be a $0.00 worse than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $0.00 . If reported, that would be a 0.00% decrease over the year-ago quarter. More recently, d INTC from to (/fin). Previously, d INTC from to . The average price target for INTC shares by the analysts covering it is $, which is 0.00% below where the stock opened. See more in (NASDAQ:INTC) Similar Articles: Market Update: Intel Corporation (NASDAQ:INTC) – Options Insight: How to Play Intel Market Update: Intel Corporation (NASDAQ:INTC) – Jim Cramer’s Top Takeaways: Avangrid, Intel, NXP Semiconductors Market Update: Intel Corporation (NASDAQ:INTC) – Intel: Bull, Bear Debate How ‘Decisive’ a Restructuring; CFO Smith Seen as Heir Apparent