Intel (INTC) Now Covered By Benchmark; ADVANCED DRAINAGE SYSTEMS (WMS) Has 1.74 Sentiment

June 26, 2018 - By Martha Paddon

Intel Corporation (NASDAQ:INTC) Logo

Benchmark issued to clients and investors in an analyst report that it initiated coverage on Intel (NASDAQ:INTC) stock, with “Hold” rating.

ADVANCED DRAINAGE SYSTEMS (WMS) investors sentiment increased to 1.74 in Q1 2018. It’s up 0.69, from 1.05 in 2017Q4. The ratio is positive, as 61 investment professionals increased or started new equity positions, while 35 sold and decreased equity positions in ADVANCED DRAINAGE SYSTEMS. The investment professionals in our database now hold: 42.54 million shares, down from 42.54 million shares in 2017Q4. Also, the number of investment professionals holding ADVANCED DRAINAGE SYSTEMS in top ten equity positions was flat from 2 to 2 for the same number . Sold All: 8 Reduced: 27 Increased: 38 New Position: 23.

Berkshire Partners Llc holds 14.53% of its portfolio in Advanced Drainage Systems, Inc. for 5.26 million shares. Ack Asset Management Llc owns 1.58 million shares or 10.26% of their US portfolio. Moreover, Stockbridge Partners Llc has 4.21% invested in the company for 3.76 million shares. The United Kingdom-based Impax Asset Management Ltd has invested 2.96% in the stock. Daiwa Sb Investments Ltd., a Japan-based fund reported 113,556 shares.

The stock decreased 0.70% or $0.2 during the last trading session, reaching $28.55. About 479,322 shares traded or 59.23% up from the average. Advanced Drainage Systems, Inc. (WMS) has risen 20.95% since June 26, 2017 and is uptrending. It has outperformed by 8.38% the S&P500. Some Historical WMS News: 29/05/2018 – Correct: Advanced Drainage Systems Sees FY19 Adjusted EBITDA $220M-$240M; 29/05/2018 – Advanced Drainage Systems Sees FY19 Capital Expenditures $60M-$70M; 23/03/2018 – Advanced Drainage Closes Below 50-Day Moving Average; 29/05/2018 – ADVANCED DRAINAGE SYSTEMS INC WMS.N SEES FY 2019 SALES $1.375 BLN TO $1.425 BLN; 31/05/2018 – ADVANCED DRAINAGE SYSTEMS – EXPANDED BOARD & APPOINTED ROSS M. JONES AND MICHAEL B. COLEMAN TO FILL NEWLY CREATED VACANCIES, EFFECTIVE MAY 23; 21/03/2018 – ADVANCED DRAINAGE EVP, CO-COO FUSSNER TO RETIRE; 30/05/2018 – Advanced Drainage Systems, Inc. Appoints New Directors; 21/04/2018 – DJ Advanced Drainage Systems Inc, Inst Holders, 1Q 2018 (WMS); 29/05/2018 – Advanced Drainage Systems Announces Quarterly Cash Dividend; 31/05/2018 – BERKSHIRE PARTNERS HOLDINGS LLC – INTEND TO REVIEW THEIR INVESTMENT IN ADVANCED DRAINAGE SYSTEMS ON A CONTINUING BASIS

Advanced Drainage Systems, Inc. designs, makes, and markets thermoplastic corrugated pipes and related water management products for non-residential, residential, agriculture, and infrastructure applications in the United States and internationally. The company has market cap of $1.62 billion. The firm provides single, double, and triple wall corrugated polypropylene and polyethylene pipes; and allied products comprising storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. It has a 28.84 P/E ratio. It also purchases and distributes construction fabrics, as well as other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage.

Analysts await Advanced Drainage Systems, Inc. (NYSE:WMS) to report earnings on August, 2. They expect $0.36 EPS, up 38.46% or $0.10 from last year’s $0.26 per share. WMS’s profit will be $20.43 million for 19.83 P/E if the $0.36 EPS becomes a reality. After $-0.11 actual EPS reported by Advanced Drainage Systems, Inc. for the previous quarter, Wall Street now forecasts -427.27% EPS growth.

Intel Corporation designs, manufactures, and sells computer, networking, and communications platforms worldwide. The company has market cap of $236.31 billion. The firm operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Intel Security Group, Programmable Solutions Group, and All Other divisions. It has a 21.99 P/E ratio. The Company’s platforms are used in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, and mobile communication components; enterprise, cloud, and communication infrastructure; and retail, transportation, industrial, video, buildings, and other market divisions.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 26. They expect $0.86 EPS, up 19.44% or $0.14 from last year’s $0.72 per share. INTC’s profit will be $4.01B for 14.74 P/E if the $0.86 EPS becomes a reality. After $0.87 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts -1.15% negative EPS growth.

Investors sentiment decreased to 0.76 in 2018 Q1. Its down 0.26, from 1.02 in 2017Q4. It is negative, as 76 investors sold Intel Corporation shares while 796 reduced holdings. 131 funds opened positions while 531 raised stakes. 3.00 billion shares or 1.96% less from 3.06 billion shares in 2017Q4 were reported. New York-based Cohen Klingenstein Limited Liability Company has invested 0.42% in Intel Corporation (NASDAQ:INTC). New England Private Wealth Advsrs Ltd Limited Liability Company has invested 0.08% in Intel Corporation (NASDAQ:INTC). Kistler holds 0.48% or 22,288 shares in its portfolio. Lvw Ltd Liability Com has 1.48% invested in Intel Corporation (NASDAQ:INTC). Ipg Advsr Ltd Liability reported 20,635 shares stake. Franklin Street Advisors Nc has invested 0.19% in Intel Corporation (NASDAQ:INTC). Hamlin Capital Mngmt Lc holds 4.27 million shares or 4.3% of its portfolio. Harvey Investment Co Ltd Com reported 0.24% in Intel Corporation (NASDAQ:INTC). Valmark Advisers Inc has invested 0.01% in Intel Corporation (NASDAQ:INTC). Denver Invest Ltd Com has invested 0.25% in Intel Corporation (NASDAQ:INTC). Peak6 Invs Limited Partnership holds 438,673 shares. Bluefin Trading Ltd Llc has 953,529 shares. Natl Bank Of Nova Scotia reported 6.09M shares. Alps Inc invested 0% of its portfolio in Intel Corporation (NASDAQ:INTC). Dorsey And Whitney Communication Limited Liability reported 106,792 shares.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel And Its Real Value” on June 25, 2018, also Nasdaq.com with their article: “The Real Catalyst Advanced Micro Devices Investors Need to Watch” published on June 25, 2018, Nasdaq.com published: “4 Reasons AMD’s Ryzen Isn’t Gaining Ground in Notebooks” on June 25, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Fool.com and their article: “How Intel and AMD’s Partnership Could Throttle NVIDIA’s Growth” published on June 23, 2018 as well as Investorplace.com‘s news article titled: “Will Apple Stock Be Tarnished by a Trade War?” with publication date: June 25, 2018.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 35 have Buy rating, 4 Sell and 16 Hold. Therefore 64% are positive. Intel Corporation has $70 highest and $25 lowest target. $50.05’s average target is -1.30% below currents $50.71 stock price. Intel Corporation had 276 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Evercore with “Buy” on Tuesday, April 3. Needham maintained Intel Corporation (NASDAQ:INTC) on Wednesday, October 19 with “Buy” rating. As per Friday, January 15, the company rating was maintained by UBS. Bernstein maintained it with “Sell” rating and $34.0 target in Friday, October 27 report. The firm has “Buy” rating by Topeka Capital Markets given on Monday, January 18. Bernstein maintained the stock with “Sell” rating in Wednesday, July 12 report. The firm has “Sector Perform” rating given on Friday, August 28 by RBC Capital Markets. The firm has “Outperform” rating given on Thursday, October 22 by RBC Capital Markets. The rating was downgraded by BNP Paribas to “Neutral” on Monday, April 4. The rating was maintained by RBC Capital Markets on Friday, January 15 with “Sector Perform”.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart