Headlines about Apple (NASDAQ:AAPL) have been trending somewhat negative on Sunday, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Apple earned a news impact score of -1.08 on their scale. InfoTrie also gave news articles about the iPhone maker an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Apple’s score:
Shares of Apple stock opened at $270.71 on Friday. The firm has a market capitalization of $1,180.04 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 1.92 and a beta of 1.24. The company has a current ratio of 1.54, a quick ratio of 1.50 and a debt-to-equity ratio of 1.01. The business’s fifty day simple moving average is $256.55 and its 200 day simple moving average is $218.07. Apple has a 12 month low of $142.00 and a 12 month high of $268.25.
Apple (NASDAQ:AAPL) last released its earnings results on Wednesday, October 30th. The iPhone maker reported $3.03 EPS for the quarter, topping the Zacks’ consensus estimate of $2.84 by $0.19. The company had revenue of $64.04 billion for the quarter, compared to analysts’ expectations of $62.86 billion. Apple had a return on equity of 53.82% and a net margin of 21.24%. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.91 EPS. Analysts predict that Apple will post 13.18 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, November 11th were given a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Thursday, November 7th. Apple’s dividend payout ratio is 25.90%.
AAPL has been the topic of several research analyst reports. Wells Fargo & Co upped their target price on Apple from $215.00 to $245.00 and gave the company a “market perform” rating in a research report on Thursday, October 31st. ValuEngine cut Apple from a “buy” rating to a “hold” rating in a report on Monday, October 7th. DA Davidson lifted their price objective on shares of Apple from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. HSBC set a $190.00 price target on shares of Apple and gave the stock a “sell” rating in a report on Thursday, September 26th. Finally, Nomura upped their price objective on shares of Apple from $205.00 to $225.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $246.46.
In related news, Director Arthur D. Levinson sold 37,394 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $257.79, for a total value of $9,639,799.26. Following the sale, the director now directly owns 1,170,677 shares in the company, valued at approximately $301,788,823.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Deirdre O’brien sold 12,459 shares of Apple stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $234.04, for a total transaction of $2,915,904.36. Following the completion of the transaction, the senior vice president now owns 57,819 shares of the company’s stock, valued at approximately $13,531,958.76. The disclosure for this sale can be found here. Over the last quarter, insiders sold 182,998 shares of company stock worth $42,351,593. Corporate insiders own 0.05% of the company’s stock.
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.
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