Why Analysts Like Intel Corporation (INTC)

Intel (NASDAQ:INTC) shares are up about 8% since the start of 2017. Intel ’s biggest strength is its penetration in the self-driving business. The company acquired Mobileye, which is a pioneer in the driverless cars technology. Over 15 million vehicles in the world have chips designed by Mobileye. Intel is also tapping into the futuristic markets.

The company recently revealed a 17-qubit superconducting chip for quantum computing. Some other drivers for Intel include 5G, IoT and FPGA. Intel will be one of the biggest benefactors of the upcoming tax cuts by the Trump administration. Intel has about $20 billion in cash, most of which is located outside the US. Currently, the company has to pay a whopping 35% in tax in case of tax repartition. But President Trump is expected to dwindle this tax to 10%, which will be a boon from heaven for Intel .

Based on the analysts' consensus: both the revenue and the net result would be on record levels. Over the current book year the total revenue will be 61,38 billion USD (consensus estimates). The expected revenue would be the highest in her history. This is slightly more than 2016's revenue of 59,39 billion USD.

Historical revenues and results Intel plus estimates 2017

financial analysis

The analysts anticipate for 2017 a record net profit a 14,51 billion USD. According to most of the analysts the company will have a profit per share for this book year of 3,01 USD. Based on this the price/earnings-ratio is 13,02.

For this year the analysts expect a dividend of 1,08 USD per share. Thus the dividend yield equals 2,76 percent. The average dividend yield of the semiconductor companies equals a low 0,24 percent.

Latest estimates around 32 USD

The most recent recommendations for the semiconductor company are from KBC Securities, Sanford C. Bernstein & Co and Jefferies & Co..

Intel 's market capitalization is around 185,17 billion USD.

On Thursday the stock closed at 39,19 USD.

Historical stock prices Intel past 10 years

financial analysis intel

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