Intel Earnings: Crushes Estimates, Stock Surges

Galtero Lara
Abril 27, 2018

Flippin Bruce Porter Inc owns 136,449 shares.

Beat earnings estimates. The company posted non-GAAP earnings of $0.87 per share, crushing the Zacks Consensus Estimate of $0.71. 37,034 are held by Beacon Financial Group. Moreover, River Road Asset Mgmt Limited Liability Corp has 1.32% invested in Intel Corporation (NASDAQ:INTC) for 1.50M shares. 840,000 were reported by Central Corporation. New York-based Focused Wealth Mngmt has invested 0.68% in Intel Corporation (NASDAQ:INTC). 68,273 were reported by Natl Asset Incorporated. Capital World Investors now owns 197,750,361 shares of the chip maker's stock valued at $6,672,097,000 after purchasing an additional 10,257,260 shares during the period. The SI to VEIDEKKE ASA ORDINARY SHARES NORWAY's float is 0.02%. The companyÂ's products include Datawatch Monarch, a self-service data preparation tool to explore, manipulate, and merge new data sources; Datawatch Panopticon that enables real-time preparation of streaming data for data analysis; and Datawatch Report Mining Server, a Web report analytics solution that integrates with existing enterprise content management system for unlocking the corporate data. Halsey Associate Ct holds 0.36% of its portfolio in Intel Corporation (NASDAQ:INTC) for 45,646 shares. 30,189 are held by Sequent Asset Limited Liability Corp.

Since January 1, 0001, it had 0 insider buys, and 15 insider sales for $32.38 million activity. Cubic Asset Management Limited Liability Corp holds 1.9% of its portfolio in Intel Corporation (NASDAQ:INTC) for 147,742 shares. RENDUCHINTALA VENKATA S M sold 17,946 shares worth $880,540. Insiders have sold a total of 116,384 shares of company stock worth $5,671,516 in the last 90 days. Birch Hill Investment Advisors Lc reported 0.13% in Intel Corporation (NASDAQ:INTC).

Investors liked what Intel said, and sent the company's shares up by 8 percent, to $57.31, in after-hours trading, Thursday. $3.99 million worth of Intel Corporation (NASDAQ:INTC) was sold by BRYANT ANDY D. Smith Stacy J had sold 472,337 shares worth $20.89 million on Monday, October 30.

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Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 4 Sell and 15 Hold. Therefore 64% are positive. Twelve analysts have issued estimates for Intel's earnings, with estimates ranging from $0.70 to $0.75. DZ Bank reissued a "hold" rating and issued a $53.00 price objective on shares of Intel in a research note on Wednesday, March 28th. Stifel Nicolaus has "Buy" rating and $4100 target. On Wednesday, October 14 the stock rating was maintained by Cowen & Co with "Market Perform". Intel presently has an average rating of "Buy" and an average target price of $51.49. Stifel Nicolaus maintained Intel Corporation (NASDAQ:INTC) on Thursday, July 27 with "Buy" rating. Macquarie Research upgraded Toyota Motor Corporation (NYSE:TM) on Monday, February 20 to "Outperform" rating. The rating was maintained by Credit Suisse with "Hold" on Friday, October 27.

Investors sentiment decreased to 1.02 in 2017 Q4.

Since February 9, 2018, it had 0 insider purchases, and 1 sale for $360,753 activity. Optimum Investment reported 103,925 shares or 1.53% of all its holdings. Park National Corp OH raised its stake in Intel 2.7% in the second quarter. Country Club Trust Company n.a.'s holdings in Intel Corp. were worth $15,109,000 as of its most recent filing with the SEC. Rhumbline Advisers reported 0.01% stake. (NYSE:BIO). Chicago Equity Prtnrs Limited Liability Com accumulated 0.03% or 3,875 shares. Shares of the Santa Clara, California-based chipmaker rose 5.2 per cent to $55.85 (€46.11) after the bell on Wall Street. Rhumbline Advisers holds 0.8% or 8.58M shares in its portfolio. Finally, Capital Investment Advisors LLC lifted its stake in shares of Intel by 1.9% in the fourth quarter. Citigroup reported 0% stake. Farr Miller Washington Ltd Dc owns 81,220 shares for 0.33% of their portfolio. Its up 2.91% from 4.47 million shares previously. Sabal invested 0.02% in Visa Inc. The New York-based Spirit Of America Management Corp Ny has invested 1.54% in the stock. (NYSE:BIO). Rhumbline Advisers has 46,635 shares for 0.02% of their portfolio. Woodmont Invest Counsel Lc stated it has 0.24% of its portfolio in Vonage Holdings Corp. PPG Industries had 80 analyst reports since September 6, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with "Buy" rating and $96.0 target in Wednesday, October 18 report. The market capitalization of the company is $250.07 Billion. Mizuho maintained it with "Neutral" rating and $31 target in Monday, September 21 report.

A number of equities research analysts have issued reports on INTC shares. The firm earned "Hold" rating on Thursday, June 1 by Jefferies. The firm has "Buy" rating given on Friday, April 20 by Robert W. Baird. The firm has "Buy" rating given on Friday, July 28 by Loop Capital Markets.

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