Related Articles
Apple stock has undergone multiple analysts rating changes in the recent past. Apple stock Target Set by Barclays PLC on 6/26/2020. In a note to investors, the firm issued a new target price of $326.00. The analysts previously had target price. Barclays PLC’s price target would indicate a potential upside of -10.65% from the stock’s previous close.
Shares of Apple traded down -$0.68 on Friday, reaching $364.16. 476967 shares of the stock traded hands, compared to its average volume of 34597625. Shares of AAPL
Apple were trading at $364.16 on Friday. The firm’s 50 day moving average is $$316.39 and its 200 day moving average is $281.21.Apple has a 12 month low of $363.37 and a 12 month high of $372.38. While on yearly highs and lows, Apple today has traded high as $365.32 and has touched $363.37 on the downward trend.
Apple Earnings and What to expect:
Apple last posted its quarterly earnings data on April 30th, 2020. The iPhone maker reported $2.55 EPS for the quarter, topping analysts’ consensus estimates of $2.26 by $0.29. The business earned $58.31 billion during the quarter, compared to analysts’ expectations of $54.64 billion. Its revenue was up .5% on a year-over-year basis. Apple has generated $11.89 earnings per share over the last year and currently has a price-to-earnings ratio of 28.6. Apple has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.
Earnings for Apple are expected to grow by 23.78% in the coming year, from $12.32 to $15.25 per share. The P/E ratio of Apple is 28.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.49. The P/E ratio of Apple is 28.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.39. Apple has a PEG Ratio of 2.66. PEG Ratios above 1 indicate that a company could be overvalued. Apple has a P/B Ratio of 17.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Latest Insiders Trading and Volume :
- Insider Ownership Percentage: 0.05%
- On 5/8/2020 Insider Chris Kondo Sell 4,491 at average share price of $305.62 which equates to $1,372,539.42 in money value.
- On 4/16/2020 SVP Deirdre O’brien Sell 9,137 at average price of $285.12 with total value of : Not Data Available
- On 4/7/2020 CFO Luca Maestri Sell 41,062 at average price of $264.44 with total value of : $10,858,435.28
- See More Analyst Rating at: RATING
Other Analyst’s rating for Apple
- 6/25/2020 – Apple had its price target raised by analysts at Wedbush from $375.00 to $425.00. They now have an “outperform” rating on the stock.
- 6/23/2020 – Apple is now covered by analysts at Monness Crespi & Hardt. They set a “buy” rating and a $370.00 price target on the stock.
- 6/23/2020 – Apple had its “buy” rating re-affirmed by analysts at JPMorgan Chase & Co..
- 6/23/2020 – Apple had its price target raised by analysts at Loop Capital from $280.00 to $330.00. They now have a “hold” rating on the stock.
- See More Analyst Rating at: RATING
Other rating updates by Barclays PLC:
- 6/26/2020 – UNITE Group had its price target raised by analysts at Barclays PLC from GBX 1,065 to GBX 1,090. They now have an “overweight” rating on the stock.
- 6/26/2020 – Royal Mail had its price target lowered by analysts at Barclays PLC from GBX 250 to GBX 200. They now have an “overweight” rating on the stock.
- 6/26/2020 – Electrocomponents had its price target raised by analysts at Barclays PLC from GBX 646 to GBX 659. They now have an “equal weight” rating on the stock.
- 6/26/2020 – Auto Trader Group had its price target raised by analysts at Barclays PLC from GBX 440 to GBX 490. They now have an “equal weight” rating on the stock.
- See More Analyst Rating at: RATING
Apple (NASDAQ:AAPL) Moving Average Technical Analysis
5 day Moving Average is $$360.00 And 5 day price change is $13.11 (3.73%) with average volume for 5 day average is 47,111,082. While technical analysis for average 20 days shows significant difference, 20 day moving average is $342.27 and 20 day price change is $46.59 (14.64%) and average 20 day moving volume is 36,513,398. 50 day moving average is $316.39 and 50 day price change is $80.41 ( 28.27%) and with average volume for 50 days is : 35,876,527. 200 day moving average is $281.21 and 200 day price change is $148.14 (68.36%) and with average volume for 200 days is : 36,733,344.
See More Analyst Rating at: RATING
Source link
