February 24, 2017

Analytical Approach on: Apple Inc. (NASDAQ:AAPL)

17 February 2017, 02:20 | Marlene Myers

REUTERS Bobby YipA worker climbs outside an Apple store in Hong Kong China in this

REUTERS  Bobby YipA worker climbs outside an Apple store in Hong Kong China in this

Also, the current price highlights a discount of 21.86% to analysts' high consensus price target. The firm has a market capitalization of $710.96 billion, a PE ratio of 16.27 and a beta of 1.26. The growth estimate for the next quarter is 14.1 percent.

Apple Inc. (NASDAQ:AAPL) share price increased in the last trading session with a previous 52-week high of $135.09. Its price to free cash flow for trailing twelve months is 17.75 and Current ratio for most recent quarter of 1.20. A research note issued on 10/26/2016 the stock was downgraded by Stifel from Buy to Hold. Vanguard Group Inc. now owns 504,208,409 shares of the software giant's stock worth $25,800,344,000 after buying an additional 8,371,988 shares during the period. Four research analysts have rated the stock with a sell rating, eight have given a hold rating, thirty-nine have assigned a buy rating and two have issued a strong buy rating to the company. The company now has a consensus rating of "Buy" and a consensus target price of $135.45.

Apple Inc. (NASDAQ:AAPL) has 5.26 Billion shares outstanding and 5.23 Billion shares were floated in market. Stock's intraday price range hit the peak level of $136.27 and touched the lowest level of $134.62.

On Dec 16 Apple Inc. The Company's year to date (YTD) performance is now positive at 17.51%.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Tuesday, January 31st. The company reported the earnings of $3.36/Share in the last quarter where the estimated EPS by analysts was $3.21/share.

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In case of Revenue Estimates, 33 analysts have provided their consensus Average Revenue Estimates for Apple 52.85 Billion. The company has a Return on Assets (ROA) of 14.30%. During the same quarter in the previous year, the business posted $0.78 EPS. The mean forecast was for $77.25 billion and $3.21 a share, respectively. (NYSE:AIG)'s earnings per share has been growing at a -58.2 percent rate over the past 5 year when average revenue increase was noted as -4.8 percent. The company's shares were closed at $60.85. Shareholders of record on Monday, February 13th will be paid a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Tuesday, February 14th. Apple's dividend payout ratio is presently 27.31%.

This report was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and republished in violation of US & global trademark and copyright laws. One quarter earlier, revenue for the stock was at $46.85 billion, with earnings at $1.67/share. The stock was sold at an average price of $117.67, for a total transaction of $270,641.00. Following the transaction, the insider now directly owns 4,632 shares of the company's stock, valued at $545,047.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Tracking most recent quarter period, Price to book (P/B) ration is at 5.42 and Price to cash per share ration is at 11.75. The stock was sold at an average price of $120.00, for a total value of $3,600,000.00. The disclosure for this sale can be found here. Armbruster Capital Management Inc. now owns 1,024 shares of the iPhone maker's stock worth $116,000 after buying an additional 266 shares during the period.

Large investors have recently modified their holdings of the company.

Shares of Apple Inc.

According to CIRP (Consumer Intelligence Research Partners), only 15% of iPhone 7 and iPhone 7 Plus sales in the December quarter of 2016 came from customers who were previously Android users. Tesco Pension Investment Ltd acquired a new position in shares of Microsoft Corporation during the third quarter worth about $170,936,000. LeJeune Puetz Investment Counsel LLC bought a new position in shares of Apple during the fourth quarter valued at about $2,770,000.

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