Stock Update: Intel Corporation (NASDAQ:INTC) – Intel tops 2Q profit forecasts

[AP] – Intel Corp. on Wednesday reported a sharp drop in quarterly profit and revenue that was slightly below Wall Street expectations, causing its shares to fall more than 2 percent in late trading. The giant … Read more on this. , currently valued at $ecting to http://finance.ya, finished at $. Looking at the equity, the company’s one day range is $ with a trailing 52-week range being $. Priced at x this year’s forecasted earnings, INTC shares are relatively inexpensive compared to the industry’s x forward p/e ratio. According to a consensus of 0 analysts, the earnings estimate of $ per share would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $ is a $0.00 worse 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 $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. In terms of ratings, d INTC from to (/fin). Previously, d INTC from to . When considering if perhaps the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NASDAQ:INTC) Similar Articles: Stock Update: Intel Corporation (NASDAQ:INTC) – Intel must show cloud growth to fuel restructuring 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