AAPL 175.04 4.3271% MSFT 427.93 1.1033% GOOG 160.79 1.9853% GOOGL 159.41 2.0943% AMZN 189.05 1.6671% NVDA 906.16 4.1097% META 523.16 0.6406% TSLA 174.6 1.6535% TSM 147.2 0.6702% LLY 759.59 -0.3137% V 275.68 0.4372% AVGO 1382.46 4.5441% JPM 195.43 -0.0205% UNH 441.72 -1.8509% NVO 125.4 0.3762% WMT 60.09 -0.8743% LVMUY 171.12 0.5228% XOM 121.78 -0.3437% LVMHF 857.08 0.5255% MA 468.31 -0.1833%

Mar 09, 2023

INTC:NASDAQ
Investment Type
Large-cap
Risk Level
Action
Rec. Price ()

Section 1: Company Overview and Fundamentals

1.1 Company Overview:

INTC creates items and technology and manufactures them. Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Mobileye, Non-Volatile Memory Solutions Group (NSG), and Programmable Solutions Group are some of the business sectors of the company.

1.2 The Key Positives, Negatives, and Investment summary

1.4 Regular Dividend Payout:

 Intel has a history of regular dividend payout since 1995, even in times of financial economic distresses. Further, currently, INTC has a dividend yield of 1.92%, which makes INTC stock an attractive investment opportunity for any regular income-requiring investor.

1.3 Key Metrics:

With the exception of FY22, which had lower revenue from CCG and DCAI, greater revenue from NEX, and no NAND revenue compared to 2021 owing to the divestment in Q1 2022, the graphs below show the firm's revenue creation remained consistent. Additionally, despite the firm's market size and the industry's negative trajectory, the company has been effective in keeping the Debt-to-Equity ratio below 0.50x, which is remarkable.

1.4 Top 10 shareholders:

  • The top 10 shareholders together form ~27.12% of the total shareholding, signifying diverse shareholder ownership. The Vanguard Group, Inc., and BlackRock Institutional Trust Company, being the biggest shareholders are holding the maximum stake in the company at ~8.82% and ~5.15%, respectively.

Section 2: Business Updates and Financial Highlights

2.1 Recent Updates:

The below picture gives an overview of the recent updates:

2.2 Insights of FY22:

Section 3: Key Risks and Outlook

Section 4: Stock Recommendation Summary:

4.1 Price Performance and Technical Summary:

Stock Performance:

  • INTC has corrected by 8.29% in the past three months, furthermore with a 36.99% of correction in the past nine months.
  • The stock is leaning towards the lower band of its 52-week range of USD 52.51 and 52-week low price of USD 24.59, with the current price near a decent support zone of USD 24.00-USD 25.00.
  • The price is currently below both its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of around 43.05.

4.2 Fundamental Valuation

Valuation Methodology: EV/Sales Multiple Based Relative Valuation

Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 22 August 2022. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and or technical analysis taking into consideration both short-term and long-term scenarios.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’

Note 6: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavorable movement in the stock prices.


Disclaimer-

Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.

Kalkine Media LLC, an affiliate of Kalkine Equities LLC, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.