FY2025 Earnings Estimate for Apple Issued By Seaport Res Ptn

Key Points

• Seaport Res Ptn has issued a FY2025 earnings estimate for Apple, forecasting earnings of $7.21 per share, which is slightly below the consensus estimate of $7.28.
• Several investment firms have raised their price targets for Apple, with Monness Crespi & Hardt setting a new target of $270, up from $245.
• Apple's recent quarterly earnings exceeded expectations, reporting $1.57 EPS and $94.04 billion in revenue, indicating a 9.6% increase compared to the same quarter last year.

Apple Inc. (NASDAQ:AAPL - Free Report) - Seaport Res Ptn issued their FY2025 earnings per share (EPS) estimates for shares of Apple in a research note issued to investors on Wednesday, October 1st. Seaport Res Ptn analyst J. Goldberg forecasts that the iPhone maker will earn $7.21 per share for the year. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Apple's current full-year earnings is $7.28 per share. Seaport Res Ptn also issued estimates for Apple's Q4 2025 earnings at $1.59 EPS, Q1 2026 earnings at $2.28 EPS, Q2 2026 earnings at $1.64 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.76 EPS, FY2026 earnings at $7.26 EPS, Q1 2027 earnings at $2.34 EPS, Q2 2027 earnings at $1.73 EPS, Q3 2027 earnings at $1.63 EPS, Q4 2027 earnings at $1.79 EPS, FY2027 earnings at $7.49 EPS, FY2028 earnings at $7.56 EPS, FY2029 earnings at $7.57 EPS and FY2030 earnings at $7.52 EPS.

A number of other research firms have also commented on AAPL. Monness Crespi & Hardt lifted their price objective on shares of Apple from $245.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Morgan Stanley set a $298.00 price target on Apple and gave the stock an "overweight" rating in a report on Thursday. Citigroup reaffirmed a "buy" rating on shares of Apple in a research note on Wednesday, September 10th. BMO Capital Markets reaffirmed a "buy" rating on shares of Apple in a research report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. boosted their target price on Apple from $255.00 to $280.00 and gave the company an "overweight" rating in a report on Friday, September 19th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Apple presently has a consensus rating of "Moderate Buy" and an average price target of $247.49.

Apple Stock Up 0.3%

AAPL stock opened at $258.02 on Monday. The company has a market cap of $3.83 trillion, a price-to-earnings ratio of 39.15, a price-to-earnings-growth ratio of 2.51 and a beta of 1.09. The company has a fifty day moving average price of $233.09 and a 200 day moving average price of $214.69. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.87 and a quick ratio of 0.83. Apple has a 12 month low of $169.21 and a 12 month high of $260.10.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The iPhone maker reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. The company had revenue of $94.04 billion for the quarter, compared to analyst estimates of $88.64 billion. Apple had a return on equity of 170.91% and a net margin of 24.30%.The firm's revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 earnings per share.

Institutional Investors Weigh In On Apple

Several hedge funds and other institutional investors have recently modified their holdings of the stock. First National Bank of Hutchinson increased its stake in Apple by 24.6% during the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker's stock valued at $8,845,000 after purchasing an additional 6,982 shares during the last quarter. Eagle Capital Management LLC boosted its holdings in shares of Apple by 0.5% in the 4th quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker's stock valued at $13,544,000 after buying an additional 272 shares during the period. Brighton Jones LLC grew its position in shares of Apple by 14.8% during the 4th quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker's stock valued at $134,554,000 after buying an additional 69,207 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Apple by 4.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker's stock worth $16,742,000 after acquiring an additional 2,695 shares during the period. Finally, Highview Capital Management LLC DE lifted its holdings in Apple by 2.4% in the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker's stock worth $12,587,000 after acquiring an additional 1,155 shares during the last quarter. Institutional investors own 67.73% of the company's stock.

Insider Buying and Selling at Apple

In other Apple news, SVP Katherine L. Adams sold 47,125 shares of Apple stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $256.79, for a total transaction of $12,101,228.75. Following the sale, the senior vice president directly owned 179,158 shares in the company, valued at $46,005,982.82. The trade was a 20.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Timothy D. Cook sold 129,963 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $256.81, for a total value of $33,375,798.03. Following the transaction, the chief executive officer owned 3,280,295 shares of the company's stock, valued at approximately $842,412,558.95. This trade represents a 3.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 254,922 shares of company stock worth $64,320,190 in the last 90 days. 0.06% of the stock is owned by corporate insiders.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Monday, August 11th were paid a $0.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple's payout ratio is 15.78%.

Apple Company Profile

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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