3 days Ago By ABMN Staff
Apple Inc. ( NASDAQ:AAPL – Free Report ) – Research analysts at Wedbush reduced their FY2025 earnings per share estimates for shares of Apple in a report released on Sunday, April 13th. Wedbush analyst D.
Ives now anticipates that the iPhone maker will post earnings of $7.00 per share for the year, down from their previous forecast of $7.44.
Wedbush currently has a “Outperform” rating and a $250.00 target price on the stock. The consensus estimate for Apple’s current full-year earnings is $7.
28 per share. Wedbush also issued estimates for Apple’s Q2 2026 earnings at $1.69 EPS and Q3 2026 earnings at $1.
57 EPS. A number of other analysts also recently issued reports on AAPL. Jefferies Financial Group upgraded shares of Apple from an “underperform” rating to a “hold” rating and cut their price target for the stock from $202.
33 to $167.88 in a report on Wednesday, April 9th. JPMorgan Chase & Co.
cut their target price on Apple from $270.00 to $245.00 and set an “overweight” rating for the company in a research note on Monday.
Morgan Stanley lowered their target price on shares of Apple from $252.00 to $220.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th.
Needham & Company LLC reiterated a “buy” rating and issued a $225.00 price objective on shares of Apple in a report on Monday. Finally, Sanford C.
Bernstein boosted their price target on shares of Apple from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd.
Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Apple has a consensus rating of “Moderate Buy” and an average target price of $235.85.
Apple Price Performance Apple stock opened at $194.27 on Tuesday. The company has a current ratio of 0.
92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26.
The company has a 50-day moving average price of $220.98 and a 200 day moving average price of $230.53.
Apple has a 12-month low of $164.08 and a 12-month high of $260.10.
The stock has a market cap of $2.92 trillion, a P/E ratio of 30.84, a PEG ratio of 2.
44 and a beta of 1.26. Apple ( NASDAQ:AAPL – Get Free Report ) last issued its earnings results on Thursday, January 30th.
The iPhone maker reported $2.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.
04. Apple had a return on equity of 160.83% and a net margin of 24.
30%. Institutional Inflows and Outflows A number of hedge funds have recently added to or reduced their stakes in the stock. Drystone LLC acquired a new position in Apple during the fourth quarter worth $25,000.
Bull Oak Capital LLC increased its position in shares of Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after buying an additional 111 shares in the last quarter.
Life Planning Partners Inc acquired a new position in shares of Apple during the 4th quarter worth $47,000. Conquis Financial LLC purchased a new stake in shares of Apple in the 4th quarter worth about $63,000. Finally, LSV Asset Management acquired a new stake in Apple in the 4th quarter valued at about $65,000.
67.73% of the stock is owned by hedge funds and other institutional investors. Insider Activity at Apple In other Apple news, COO Jeffrey E.
Williams sold 35,493 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $224.01, for a total value of $7,950,786.
93. Following the completion of the transaction, the chief operating officer now owns 390,059 shares in the company, valued at approximately $87,377,116.59.
This represents a 8.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link .
Also, SVP Katherine L. Adams sold 38,822 shares of the business’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $223.
67, for a total transaction of $8,683,316.74. Following the sale, the senior vice president now owns 179,158 shares in the company, valued at $40,072,269.
86. The trade was a 17.81 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders sold a total of 182,451 shares of company stock worth $40,818,720 over the last 90 days. Company insiders own 0.
06% of the company’s stock. Apple Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were issued a dividend of $0.
25 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.
00 annualized dividend and a yield of 0.51%. Apple’s dividend payout ratio is currently 15.
87%. About Apple ( Get Free Report ) Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
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