Posted 3/1/2024, 2:00:10 PM
Intel Stock Slips Despite Strong Fundamentals; Forecasted Earnings Growth May Boost Share Price
- Intel's stock price has declined 1.6% over the past 3 months despite some positive fundamentals
- ROE is an important metric showing how effectively capital is reinvested; Intel's ROE is only 1.5%
- Intel's earnings have declined 27% over the past 5 years while the industry grew earnings 27%
- Despite reinvesting most profits, Intel's declining earnings indicate those efforts haven't paid off
- Analysts forecast Intel's payout ratio to drop and ROE to rise over the next 3 years, indicating expected earnings growth