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Apple Stock Price, Forecast & Analysis (NASDAQ:AAPL)

$261.81
-0.39 (-0.15 %)
(As of 11/13/2019 06:45 AM ET)
Today's Range
$260.92
Now: $261.81
$262.79
50-Day Range
$217.58
MA: $237.93
$261.65
52-Week Range
$142.00
Now: $261.81
$262.79
Volume21.83 million shs
Average Volume28.43 million shs
Market Capitalization$1.16 trillion
P/E Ratio22.02
Dividend Yield1.17%
Beta1.25
Apple Inc designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems. Read More…

Industry, Sector and Symbol

Industry Electronic computers
Sub-IndustryComputer Hardware
SectorComputer and Technology
Current SymbolNASDAQ:AAPL
CUSIP03783310
Phone408-996-1010

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$260.17 billion
Cash Flow$15.36 per share
Book Value$20.36 per share

Profitability

Net Income$55.26 billion

Miscellaneous

Employees137,000
Outstanding Shares4,443,265,000
Market Cap$1.16 trillion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Apple (NASDAQ:AAPL) Frequently Asked Questions

What is Apple's stock symbol?

Apple trades on the NASDAQ under the ticker symbol "AAPL."

How often does Apple pay dividends? What is the dividend yield for Apple?

Apple declared a quarterly dividend on Wednesday, October 30th. Investors of record on Monday, November 11th will be paid a dividend of $0.77 per share on Thursday, November 14th. This represents a $3.08 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Thursday, November 7th. View Apple's Dividend History.

When did Apple's stock split? How did Apple's stock split work?

Apple shares split on the morning of Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly created shares were issued to shareholders after the market closes on Friday, June 6th 2014. An investor that had 100 shares of Apple stock prior to the split would have 700 shares after the split.

How will Apple's stock buyback program work?

Apple declared that its Board of Directors has initiated a share buyback program on Tuesday, April 30th 2019, which allows the company to buyback $75,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) released its quarterly earnings data on Wednesday, October, 30th. The iPhone maker reported $3.03 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.84 by $0.19. The iPhone maker had revenue of $64.04 billion for the quarter, compared to the consensus estimate of $62.86 billion. Apple had a return on equity of 53.82% and a net margin of 21.24%. The firm's revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.91 EPS. View Apple's Earnings History.

When is Apple's next earnings date?

Apple is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Apple.

What price target have analysts set for AAPL?

40 equities research analysts have issued 12 month target prices for Apple's shares. Their forecasts range from $150.00 to $300.00. On average, they expect Apple's stock price to reach $239.28 in the next year. This suggests that the stock has a possible downside of 8.6%. View Analyst Price Targets for Apple.

What is the consensus analysts' recommendation for Apple?

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 3 sell ratings, 14 hold ratings and 23 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Apple.

What are Wall Street analysts saying about Apple stock?

Here are some recent quotes from research analysts about Apple stock:
  • 1. According to Zacks Investment Research, "Apple’s shares have outperformed the S&P 500 on a year-to-date basis. The company’s focus on strengthening the Services business and a strong slate of upcoming app releases, including its streaming service Apple TV+, are key catalysts. The company is also expected to benefit from the launch of latest iPhones, refreshed Macbook, iPad and Apple Watch product lines. Apple Arcade is likely to boost the company’s footprint in the video game space. Estimates have been stable lately ahead of the company’s Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, the ongoing U.S.-China trade war does not bode well for the company. Legal woes have increased due to a lawsuit from customers related to App Store charges. The company has also been accused of unfair practices by Spotify." (10/14/2019)
  • 2. Rosenblatt Securities analysts commented, "We believe there is less reward for owning Apple stock after the recent stock rebound from stock buybacks and stable second quarter guidance. We do not think Apple is a short (the company has plenty of cash and a meaningful stock buy back program), however, we believe Apple will face fundamental deterioration over the next 6-12 months. We downgrade and maintain our $150 price target. Adding to our Sell thesis, we believe new iPhone sales will be disappointing, iPad sales growth will slow in the second half of 2019, other product sales growth, such as the HomePod, AirPod and iWatch, may not be meaningful to support total revenue growth. After strong service revenue growth over the last 4-6 quarters and the launch of Apple Music and news, we believe service revenue growth will also decelerate." (7/8/2019)
  • 3. Maxim Group analysts commented, "Services GM q/q & y/y trajectory disclosure paint a positive picture, but product GM trend is then even more concerning. Installed base disclosures are on a y/y basis, failing to assuage fears China iPhone installed base is now in decline. Guidance indicates further deterioration in business fundamentals. Reiterate Hold rating and 12-month price target of $160." (1/30/2019)

Has Apple been receiving favorable news coverage?

Media coverage about AAPL stock has been trending very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apple earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned media headlines about the iPhone maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Apple.

Are investors shorting Apple?

Apple saw a increase in short interest in October. As of October 31st, there was short interest totalling 48,020,000 shares, an increase of 9.3% from the September 30th total of 43,930,000 shares. Based on an average trading volume of 28,700,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.1% of the company's shares are sold short. View Apple's Current Options Chain.

Who are some of Apple's key competitors?

What other stocks do shareholders of Apple own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Apple investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Netflix (NFLX), Canopy Growth (CGC), Tesla (TSLA), Walt Disney (DIS), Bank of America (BAC) and Alphabet (GOOG).

Who are Apple's key executives?

Apple's management team includes the folowing people:
  • Mr. Timothy D. Cook, CEO & Director (Age 58)
  • Mr. Luca Maestri, CFO & Sr. VP (Age 55)
  • Mr. Jeffrey E. Williams, Chief Operating Officer (Age 55)
  • Ms. Katherine L. Adams, Sr. VP, Gen. Counsel & Sec. (Age 55)
  • Mr. Chris Kondo, Sr. Director of Corp. Accounting

Who are Apple's major shareholders?

Apple's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.42%), Fisher Asset Management LLC (0.31%), California Public Employees Retirement System (0.24%), Rhumbline Advisers (0.18%), Massachusetts Financial Services Co. MA (0.16%) and New York State Teachers Retirement System (0.14%). Company insiders that own Apple stock include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, Daniel J Riccio, Deirdre O'brien, Eduardo H Cue, Jeffrey E Williams, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View Institutional Ownership Trends for Apple.

Which institutional investors are selling Apple stock?

AAPL stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, DNB Asset Management AS, H&H International Investment LLC, Sumitomo Mitsui Trust Holdings Inc., Sawgrass Asset Management LLC, Russell Investments Group Ltd., New York State Teachers Retirement System and Parnassus Investments CA. Company insiders that have sold Apple company stock in the last year include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Luca Maestri and Timothy D Cook. View Insider Buying and Selling for Apple.

Which institutional investors are buying Apple stock?

AAPL stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Fisher Asset Management LLC, Locust Wood Capital Advisers LLC, CIBC Private Wealth Group LLC, Bartlett & Co. LLC, IFM Investors Pty Ltd, State of Alaska Department of Revenue and AMF Pensionsforsakring AB. View Insider Buying and Selling for Apple.

How do I buy shares of Apple?

Shares of AAPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Apple's stock price today?

One share of AAPL stock can currently be purchased for approximately $261.81.

How big of a company is Apple?

Apple has a market capitalization of $1.16 trillion and generates $260.17 billion in revenue each year. The iPhone maker earns $55.26 billion in net income (profit) each year or $11.89 on an earnings per share basis. Apple employs 137,000 workers across the globe.View Additional Information About Apple.

What is Apple's official website?

The official website for Apple is http://www.apple.com/.

How can I contact Apple?

Apple's mailing address is ONE APPLE PARK WAY, CUPERTINO CA, 95014. The iPhone maker can be reached via phone at 408-996-1010 or via email at [email protected]


MarketBeat Community Rating for Apple (NASDAQ AAPL)

Community Ranking:  3.7 out of 5 (star star star)
Outperform Votes:  6,438 (Vote Outperform)
Underperform Votes:  2,233 (Vote Underperform)
Total Votes:  8,671
MarketBeat's community ratings are surveys of what our community members think about Apple and other stocks. Vote "Outperform" if you believe AAPL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AAPL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2019 by MarketBeat.com Staff

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