Apple (NASDAQ:AAPL) analysts have recently issued reports on the company;
- Nomura restated a “neutral” rating and set a $185.00 price objective on shares of Apple in a research note on, November 5th.
- UBS Group reiterated a “buy” rating and set a $180.00 price objective on shares of Apple in a research report on January 14th.
- Sanford C. Bernstein restated a “neutral” rating and issued a $200.00 target price on shares of Apple in a report on October 22nd.
- Goldman Sachs Group reissued a “neutral” rating and set a $182.00 target price (down from $209.00) on shares of Apple in a research report on November 20th.
- Finally, Wedbush started coverage on shares of Apple in a research note on October 18th. They issued an “outperform” rating and a $310.00 target price for the company.
One analyst has rated the stock with a sell rating, twenty-four have issued a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $191.66.
Apple has a 12-month low of $142.00 and a 12-month high of $233.47. The company has a market cap of $837.59 billion, a P/E ratio of 14.23, a PEG ratio of 1.75 and a beta of 1.13. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 1.30.
Apple (NASDAQ:AAPL) previous earning and prediction.
Apple last issued its quarterly earnings data on January 29th. The iPhone maker reported $4.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.17 by $0.01. Apple had a return on equity of 50.92% and a net margin of 22.72%. The firm had revenue of $84.31 billion during the quarter, compared to analysts’ expectations of $84.07 billion. As a group, analysts predict that Apple will post 11.39 earnings per share for the current fiscal year.