Apple Inc (NASDAQ:AAPL) shares traded 1.7% up during most recent session to reach at the closing price of $153.31. The stock exchanged hands 45.1 Million shares versus average trading capacity of 44.82 Million shares, yielding a market cap of $774.92 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $218.78 within the next 52-weeks. The mean target projections are based on 37 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Apple Inc (NASDAQ:AAPL) high price target of $300 and with a conservative view have low price target of $162.
Citigroup “Maintained” Apple Inc (NASDAQ:AAPL) in a research note issued to investors on 1/04/19 to Buy with price target of $170.
Additionally on 1/03/19 Nomura “Maintained” Apple Inc (NASDAQ:AAPL) to Neutral setting price target at $175 and on 1/03/19 Canaccord Genuity “Maintained” the stock to Buy at $190. Furthermore on 1/03/19 Baird “Maintained” the stock to Outperform at $185.
On the other hand the company has Relative Strength Index (RSI 14) of 39.44 along with Average True Range (ATR 14) of 5.98, Consequently Apple Inc (NASDAQ:AAPL)’s weekly and monthly volatility is 2.69%, 3.30% respectively. The company’s beta value is at 1.21.
In terms of Buy, Sell or Hold recommendations, Apple Inc (NASDAQ:AAPL) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Apple Inc (NASDAQ:AAPL)’s minimum EPS for the current quarter is at $4.38 and can go high up to $4.85. The consensus mean EPS for the current quarter is at $4.65 derived from a total of 35 estimates from the analysts who have weighed in on projected earnings. However the company reported $3.89 earnings per share for the same quarter during last year.
Previously Apple Inc (NASDAQ:AAPL) reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.13. The company posted an earnings surprise of 4.7%.
Apple Inc (NASDAQ:AAPL)’s revenue estimates for the current quarter are $91.49 Billion according to 32 number of analysts, for the current quarter the company has high revenue estimates of $100.93 Billion in contradiction of low revenue estimates of $88.96 Billion. For the current year the company’s revenue estimates are $277.91 Billion compared to low analyst estimates of $269 Billion and high estimates of $292.33 Billion according to 39 number of analysts.
Currently Apple Inc (NASDAQ:AAPL)’s shares owned by insiders are 0.07%, whereas shares owned by institutional owners are 61.2%. However the six-month change in the insider ownership was recorded -14.45%, as well as three-month change in the institutional ownership was recorded -0.02%.
Apple Inc (NASDAQ:AAPL)’s trailing twelve month revenues are $265.6 Billion, whereas its price to sales ratio for the same period is 2.92. Its book value per share for the most recent quarter is $22.31 while its price to book ratio for the same period is 6.87, as for as the company’s cash per share for the most recent quarter is $13.12, however its price to cash per share ratio for the same period is 11.69. The stock has 5 year expected PEG ratio of 0.97 whereas its trailing twelve month P/E ratio is 12.62.