Analysts expect Apple to report full year earnings of $6.16 per share for the current year, with estimates ranging from $5.83 to $6.43. Analysts expect the company to report earnings of $6.69 per share for the next year, with estimates ranging from $6.25 to $7.29. The average is based on a survey of sell-side analysts that follow Apple.
Apple’s quarterly earnings data was released on January 27th. The company reported $2.10 earnings per share for the quarter, beating analysts’ estimates by $0.21. Apple had a net margin of 28.61% and a return on equity of 149.81%. The firm had revenue of $123.95 billion for the quarter, which was higher than analyst estimates. The business posted earnings per share of $1.68 in the previous year. The revenue was up compared to last year.
There are a number of reports on AAPL. On Wednesday, March 2nd, a research report was issued by Zacks Investment Research which stated that they had a buy rating on the shares of Apple. On Thursday, March 31st, StockNews.com initiated coverage on Apple. They gave a hold rating to the stock. Tigress Financial raised their price objective on shares of Apple from $198.00 to $210.00 and gave the stock a “strong-buy” rating in a report on Tuesday, February 15th. The company’s target price was increased to $200.00 from $175.00 by the research firm, which gave it an “overweight” rating. On Monday, April 4th, the price target on Apple was set in a research note. Twenty-six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $190.43, based on data from MarketBeat.com.
On Tuesday, shares of AAPL opened at $165.07. Apple has a one year low of $122.25 and a one year high of $182.94. The stock has a 50 day moving average of $167.19 and a 200 day moving average of $163.96. The company has a debt-to-equity ratio of, a quick ratio of, and a current ratio of 1.04. The company has a market cap of $2.69 trillion, a P/E ratio of 27.33, a P/E/G ratio of 2.15 and a beta of 1.19.
The business paid a quarterly dividend on February 10th. The dividend was paid on Monday, February 7th. There is a dividend of $0.88 per annum and a yield of 0.53%. The ex-dividend date was Friday, February 4th. Apple has a dividendPayout ratio of 14.57%.
Director Arthur D. Levinson sold 1,986 shares of the company’s stock on Tuesday, February 1st. The stock was sold at an average price of $173.29 The transaction can be accessed through the SEC website. Jeffrey E. Williams sold 105,901 shares of Apple stock on Monday, April 4th. The total value of the shares sold was $18,823,902.50. The chief operating officer now owns 489,662 shares in the company, which is valued at $87 million. This sale’s disclosure can be found here. In the last quarter, the company’s Insiders sold a total of 161,085 shares of company stock. The stock is owned by an individual.
Large investors have recently purchased and sold shares of the company. In the first quarter, Veracity Capital grew its position in Apple. After buying an additional 4,343 shares during the last quarter, Veracity Capital now owns 36,956 shares of the iPhone maker’s stock, worth $6,453,000. LCM Capital Management Inc increased its holdings in Apple. LCM Capital Management Inc acquired an additional 1,638 shares of the iPhone maker’s stock during the last quarter. In the 1st quarter, Veery Capital grew its holdings in Apple. After acquiring an additional 679 shares during the last quarter, Veery Capital now owns 8,030 shares of the iPhone maker’s stock, worth $1,402,000. The position in shares of Apple was raised by 27.4%. After purchasing an additional 361 shares of the stock, the investment counsel now owns 1,707 shares of the company’s stock, worth $298,000. Key Client Fiduciary Advisors LLC increased its holdings in Apple during the first quarter. After purchasing an additional 308 shares during the last quarter, Key Client Fiduciary Advisors LLC now owns 34,082 shares of the iPhone maker’s stock. The company’s stock is owned by institutional investors.
Get the rating for Apple Company Profile.
Apple designs, manufactures, and markets a wide range of products. It sells a variety of services. In addition, the company has a line of multi-purpose tablets, a line of personal computers, and a line of Wearables.
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