Intel (INTC) Increases Despite Market Slip: Here's What You Need to Know

Company Overview - Intel's stock closed at $37.30, reflecting a daily increase of 1.69%, outperforming the S&P 500, which fell by 0.14% [1] - Over the past month, Intel's shares have decreased by 8.32%, underperforming the Computer and Technology sector's gain of 0.2% and the S&P 500's gain of 0.94% [1] Upcoming Earnings - Intel's upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of $0.08, indicating a 38.46% decrease from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $13.38 billion, down 6.2% from the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $0.34 per share and revenue of $52.4 billion, representing shifts of +361.54% and -1.32% respectively from the last year [3] - Recent modifications to analyst estimates for Intel are crucial as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] Stock Performance and Ranking - The Zacks Rank system, which assesses estimate changes, indicates that Intel currently holds a Zacks Rank of 3 (Hold) [5] - The Zacks Consensus EPS estimate has increased by 11.98% in the past month [5] Valuation Metrics - Intel is trading at a Forward P/E ratio of 108.68, significantly higher than the industry average of 34.67, suggesting a premium valuation [6] - The company has a PEG ratio of 11.71, compared to the industry average PEG ratio of 3.99 [6] Industry Context - The Semiconductor - General industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 31, placing it in the top 13% of over 250 industries [7] - Strong industry rankings correlate with stock performance, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]