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Stock Update (NASDAQ:INTC): Intel Attractive After Post-Earnings Selloff: Argus

[at Barrons.com] – Intel (INTC) was down following its second-quarter earnings even as the results were better than expected. More detail from the note: Intel maintained its full-year 2016 guidance for mid-single-digit revenue growth. Given the upside in PCs year-to-date, the unchanged guidance implies a dial-down in the Data Center outlook. Read more on this. , valued at $ecting to http://finance.ya, finished at $. During the trading session, INTC traded between $ with its 52-week range being $. 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. Consensus earnings for the current quarter by the 0 sell-side analysts covering the stock is an estimate of $ 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 better than last year. 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 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 Company Update: Intel Corporation (NASDAQ:INTC) – Intel (INTC) Stock Retreats, Pacific Crest: Expect Q1 Earnings Miss Company Update (NASDAQ:INTC): Intel (INTC) Stock Falls on Ratings Downgrade as ‘Short Case Has Become More Attractive’
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