[Business Wire] – TAIPEI, Taiwan–(BUSINESSWIRE)– Insyde® Software, a leading provider of Unified Firmware Interface BIOS and x86 Android™ software distributions today announced its participation in delivering Android porting, development and testing services for the nabi® DreamTab HD8, the industry’s first Android tablet based on Intel® Atom™ Z3745 processor (codename Bay Trail). Insyde Software has extensive experience in helping the world’s leading computing companies get to market with Android-on-x86 products. With unmatched expertise in Android deployment and porting services, Insyde continues to be one of the most trusted sources that companies turn to when deciding to enable the most stable and optimized Android experience on their platforms. “We are excited to provide our considerable Android-on-x86 development experience for this important tablet based on Intel technology,” said Aven Chuang, Senior Vice President and General Manager of the Personal Computing Group at Insyde Software.
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Intel Corporation (INTC), valued at $135.33B, opened at $27.30.
Looking at the stock, its one day range is $27.12 to $27.35 with the price of the stock fluctuating between $21.89 to $27.35 over the last 52 weeks.
INTC shares are currently priced at 14.46x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 17.47x earnings multiple for the same period.
And for passive income investors, the company pays shareholders $0.90 per share annually in dividends, yielding 3.30%.
According to a consensus of 38 analysts, the earnings estimate of $0.47 per share would be $0.08 better than the year-ago quarter and a $0.04 sequential increase. What we find to be interesting is that the full-year EPS estimate of $1.89 is a $0.00 setback when compared to the previous year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $13.02 Billion. If realized, that would be a 1.64% increase over the year-ago quarter.
In terms of ratings, Pacific Crest upgraded INTC from Sector Perform to Outperform (Apr 7, 2014). Previously, RBC Capital Mkts downgraded INTC from Outperform to Sector Perform.
Investors should keep in mind is that the average price target is $26.92, which is 1.39% below where the stock opened this morning.
Summary (NASDAQ:INTC) : Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. The companys platforms are used in various computing applications comprising notebooks, desktops, servers, tablets, smartphones, automobile infotainment systems, automated factory systems, and medical devices. It offers microprocessors that processes system data and controls other devices in the system; and chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; system-on-chip products that integrate its processing functions with other system components, including graphics, audio, and video onto a single chip; wired network connectivity products; and wireless connectivity products. The company also provides mobile components comprising baseband processors, radio frequency transceivers, WiFi products, Bluetooth products, global navigation satellite system, and power management chips; and gateway and set-top box components. In addition, it offers endpoint security, network and content security, risk and compliance, and consumer and mobile security software products for consumer, mobile, and corporate environments to protect systems from malicious virus attacks, as well as loss of data. Further, the company provides NAND flash memory products, which are used in solid-state drives; and custom foundry services. Intel Corporation sells its products primarily to original equipment manufacturers, original design manufacturers, and industrial and communications equipment manufacturers in the computing and communications industries. It has strategic agreement with Rockchip. Intel Corporation was founded in 1968 and is based in Santa Clara, California.
Tag Helper ~ Stock Code: INTC | Common Company name: Intel | Full Company name: Intel Corporation (NASDAQ:INTC) .