[Business Wire] – Intel Corporation and Cloudera today announced a broad strategic technology and business collaboration, as well as a significant equity investment from Intel making it Cloudera’s largest strategic shareholder and a member of its board of directors. Read more on this.
Intel Corporation (INTC), with a current value of $126.41B, began trading this morning at $25.41. Looking at the stock, its one day range is $25.31 to $25.75 with its 52-week range being $20.75 to $27.12. INTC shares are currently priced at 13.72x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 11.23x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $0.90 per share annually in dividends, yielding 3.60%. According to a consensus of 38 analysts, the earnings estimate of $0.37 per share would be $0.03 worse than the year-ago quarter and a $0.05 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $1.85 is a $0.04 worse when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $12.81 Billion. If reported, that would be a 1.83% increase over the year-ago quarter.