Company Update (NASDAQ:INTC): French Legislators Urge Intel Overhaul After Paris Attacks

[at Bloomberg] – Paris (AP) — French lawmakers say a parliamentary investigation found multiple intelligence failures before Islamic extremist attacks that killed 147 people in Paris last year, and are urging the creation … Read more on this. Intel Corporation (INTC) , valued at $153.98B, ended trading at $32.75. Looking at today’s trading action, the company’s one day range from $32.50 to $32.62 with the price of the stock fluctuating between $24.87 to $35.59 over the last 52 weeks. Priced at 13.59x this year’s forecasted earnings, INTC shares are relatively expensive compared to the industry’s 12.63x forward p/e ratio. And for dividend hunters, the company pays shareholders $1.04 per share annually in dividends, yielding 3.18%. According to a consensus of 26 analysts, the earnings estimate of $0.53 per share would be $0.02 worse than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $2.41, which would be a $0.08 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $13.53 Billion. If reported, that would be a 2.50% increase over the year-ago quarter. More recently, Credit Agricole Initiated INTC at Underperform (May 17, 2016). Previously, Northland Capital downgraded INTC from Outperform to Market Perform. Investors should keep in mind is that the average price target is $35.43, which is 8.18% above where the stock opened this morning. See more in (NASDAQ:INTC) Similar Articles: Company Update: Intel Corporation (NASDAQ:INTC) – Intel Poised to Benefit at Apple’s WWDC (INTC, AAPL) Company Update: Intel Corporation (NASDAQ:INTC) – Intel (INTC) Stock Retreats, Pacific Crest: Expect Q1 Earnings Miss Company Update: Intel Corporation (NASDAQ:INTC) – Intel (INTC) Stock: Canaccord Lowers Price Target on PC Supply Chain Data Points