Stock Update (NASDAQ:INTC): Drone Wars: DJI Vs. Intel (INTC)

[at Investopedia] – Find out which drone technology leaders, Intel Corporation or DJI Innovations, is most likely to emerge victorious in the coming drone wars. Read more on this. Intel Corporation (INTC) , with a current market cap of $131.94B, opened this morning at $27.82. A quick look at the market, the company’s stock traded between $27.68 and $28.19 with the price of the stock fluctuating between $24.87 to $35.59 over the last 52 weeks. Intel (INTC) shares are currently priced at 11.86x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 6.66x earnings multiple for the same period. The company pays shareholders $1.04 per share annually in dividends, yielding 3.58%. In a review of the consensus earnings estimate this quarter, 30 sell-side analysts are looking at $0.50 per share, which would be $0.09 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $2.43 which would be a $0.10 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $14.08 Billion. If realized, that would be a 10.17% increase over the year-ago quarter. Recently, Goldman upgraded INTC from Sell to Neutral (Feb 3, 2016). Previously, Macquarie upgraded INTC from Neutral to Outperform. Given all the information above, we should disclose to readers that the average price target is $36.32, which is 30.55% above than it opened this morning. See more in (NASDAQ:INTC) Similar Articles: Stock Update (NASDAQ:INTC): Intel Acquires Drone Company Ascending Technologies Market Update: Intel Corporation (NASDAQ:INTC) – China Drone Maker Yuneec Eyes Acquisitions After Intel Investment Company Update (NASDAQ:INTC): Here are some drone makers to watch as Intel invests $60M in one from China