Apple Incorporated (NASDAQ: AAPL) received an overall “buy” rating from the brokerages covering the shares. In total there are forty-two brokerages researching it. The general price objective for a year stands at $134.82 among the covering analysts.
Commentary On AAPL Stock
Multiple equities analysts have issued their reports on AAPL. Loop Capital increased its price objective to $155 from $131 and rated the stock as “buy” on 15th January. Smith Barney Citigroup increased their target price for the stock to $150 from $125 on 18th December. UBS Group rated the stock as “buy” which is an upgrade from “neutral” and increased their target price to $142 from $115 on 31st March. Sanford C. Bernstein gave a rating of “neutral” and a price objective of $132 on 8th March. Monnes Crespi & Hardt also increased their target price to $170 from $144 and rated the stock as “buy” on 28th January.
The lowest and highest over a year for AAPL stock stands at $59.22 and $145.09 respectively. The market capitalization value of the stock is $2.05T with a 1.28 beta. The moving average for 50 days is $124.83 while that for 200 days is $123.09.
The most recent earning results were posted on 26th January. The company reported an EPS of $1.68 overshooting the general estimate which was $1.41. The stock had a 20.91% net margin with a 75.15% equity return. Analysts forecast an EPS of $4.03 for AAPL for this financial year.
The firm recently paid out quarterly dividends on 11th February. The dividends stood at $0.205 for each share. This indicates an annualized dividend of $0.82 and a 0.67% dividend yield. The company currently has a 25% ratio when it comes to dividend payout.
Cordant Inc., GW&K Investment Management LLC, Pacific Financial Group, Lountzis Asset Management LLC, and Clear Perspectives Financial Planning LLC all increased their stakes in the company’s shares.