Intel Corporation (NASDAQ:INTC) has facing lot of problem since the fall of Personal Computers, and now the recent issue for the company is of leadership.
The company is scrambling to find a new leader, Intel’s chief executive Paul Otellini has unexpectedly announced his resignation in November, and now there is almost a month left in Otellini leaving, but nothing is decided yet by the company regarding new leader.
Analyst Hans Mosesmann, at Raymond James has said that it seems like there was no succession plan in place, which is a troubling thing because nothing is settled in the company, and there is just one month left in Otellini leaving his post.
Otellini had been chief executive of the company since 2005, and now taking retirement at the age of 65.
Analysts has predicted some names for the next CEO of the company, according to the analyst prediction David Perlmutter, who is the chief product officer of Intel and Brian Krzanich, who is the chief operating officer of Intel, are the most favorite contender to be selected as leader.
Other candidates include Stacy Smith, chief financial officer of Intel, who is well liked inside and outside the company and Renee James, the head of Intel’s software group.
Stock Highlights
In last trading activity, Intel Corporation (NASDAQ:INTC) stock opened at $ 21.47 hit maximum price of $21.93 throughout the session and ended at $21.92, in premarket INTC shares fell -0.89%.
Revenue Measures
Intel Corporation generated sales of $53.34 billion in last twelve months with income of 11.01 billion. The Company showed a positive 20.63% in the net profit margin and its operating margin is calculated as 20.63%. Company’s annual sales growth for the past five years was 6.83%.
INTC past twelve months price to sales ratio was 2.03 and price to cash ratio recorded as 5.98. As far as the returns are concern, INTC return on assets stayed at 14.16% while its return on equity recorded as 22.66%.
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