Apple (AAPL) Given News Impact Score of 0.18
Press coverage about Apple (NASDAQ:AAPL) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Apple earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news stories about the iPhone maker an impact score of 45.555097598609 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Apple Share Price to Rise on New Products (invezz.com)
- Apple's Impressive Fiscal 2017 in 4 Charts (finance.yahoo.com)
- Report: Apple Inc. (AAPL) To Open First Store In Korea By End Of 2017 – StockNews.com (blog) (stocknews.com)
- Apple Inc. (NASDAQ:AAPL): Your Smartphone is Killing You, Put it Down – Live Trading News (livetradingnews.com)
- 6 gadgets NOT to buy in 2018 (finance.yahoo.com)
Shares of Apple (NASDAQ:AAPL) traded up $1.75 on Friday, hitting $173.97. The stock had a trading volume of 37,054,632 shares, compared to its average volume of 25,473,324. Apple has a 12-month low of $114.76 and a 12-month high of $176.24. The company has a market capitalization of $893,216.25, a PE ratio of 18.91, a PEG ratio of 1.39 and a beta of 1.22. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.23 and a current ratio of 1.28.
Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.87 by $0.20. Apple had a return on equity of 36.29% and a net margin of 21.09%. The firm had revenue of $52.58 billion for the quarter, compared to analysts’ expectations of $50.71 billion. During the same period in the prior year, the business posted $1.50 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. equities analysts expect that Apple will post 11.18 earnings per share for the current year.
A number of equities analysts recently weighed in on AAPL shares. Robert W. Baird reissued a “buy” rating and issued a $172.00 price target on shares of Apple in a report on Tuesday, September 5th. Drexel Hamilton reissued a “buy” rating and issued a $208.00 price target on shares of Apple in a report on Thursday, August 24th. Canaccord Genuity reissued a “buy” rating and issued a $180.00 price target on shares of Apple in a report on Tuesday, August 22nd. UBS reissued a “buy” rating and issued a $180.00 price target on shares of Apple in a report on Tuesday, August 29th. Finally, Cleveland Research raised shares of Apple from a “neutral” rating to a “buy” rating and set a $197.00 price target on the stock in a report on Tuesday, August 29th. One analyst has rated the stock with a sell rating, six have issued a hold rating, forty-five have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $197.57.
In related news, SVP Johny Srouji sold 5,760 shares of the company’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $174.40, for a total value of $1,004,544.00. Following the transaction, the senior vice president now directly owns 81,560 shares in the company, valued at $14,224,064. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Angela J. Ahrendts sold 63,388 shares of the company’s stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $154.21, for a total transaction of $9,775,063.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 232,967 shares of company stock worth $37,944,683. Company insiders own 0.08% of the company’s stock.
Apple Company Profile
Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.
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