Apple Inc. (NASDAQ:AAPL) most recently reported quarterly actual earnings per share of $1.42 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $1.39. The difference between the estimate and the actual EPS was $0.03 creating a surprise factor of 2.16%. Currently, the company has an impact score of 71. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.006. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $124.821 on the shares. The most bullish brokerage firm has a $168 target, while the most bearish sees the stock headed towards $82. This is according to the 28 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.5. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 28 recommendations taking into account in order to arrive at this number. Of the 28, 26 have a Strong Buy rating and 3 are rating it a Buy.
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. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.
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