Apple Inc. (NASDAQ: AAPL) had their EPS estimates for Q4 2021 increased by Oppenheimer analysts on 29th April, Thursday. M. Yang, the Oppenheimer analyst, expects Apple Inc. to post a $1.14 EPS which is an increase from the previous $1.05.
Detailed Overview Of AAPL Stock
Several research brokerages have also issued their reports on the AAPL stock. Wedbush increased their objective price to $185 from $175 while issuing a rating of “outperform” on Thursday. JPMorgan Chase & Co. increased their objective price to $165 from $150 while issuing a rating of “overweight” on Thursday. Sandford C. Bernstein issued an objective price of $132 and a rating of “neutral” on 8th March, Monday. Jefferies Financial Group increased its target price to $175 from $160 while issuing a rating of “buy” on Thursday. Finally, UBS Group increased their target price to $155 from $142 while issuing a rating of “buy” on Thursday.
On Monday, AAPL had opened at a value of $131.46. The moving average over 50 days for the stock stands at $127.74 while that for 200 days it is $125.77. The highest and lowest of the stock over a year stands at $145.09 and $71.46. The market capitalization value of the stock is $2.21T with a 1.28 beta. The latest earnings result was announced on 27th April, Tuesday. It posed an EPS of $1.40 overshooting the $0.99 general estimate. A 75.15% equity return and a 20.91% net margin were announced as well.
UBS Asset Management Americas Inc., Nuveen Asset Management LLC, Morgan Stanley, Norges Bank, and FMR LLC. All increased their share of AAPL stocks.
Deirdre O’Brien, the SVP, sold off 18,216 shares on 16th April, Friday at an average $134.01 price per share. Jeffrey E. Williams, the COO, also sold off 133,867 AAPL shares on 5th April, Monday at an average $125.74 price per share.