From Nasdaq: 2024-06-13 17:45:19

In recent trading, Apple’s stock (AAPL) closed at $214.24, with a 0.55% increase. It outperformed S&P 500’s 0.23% gain, while the Dow fell by 0.17% and Nasdaq rose by 0.34%. Over the past month, AAPL climbed by 12.31%, surpassing the sector and S&P 500.

Analysts predict Apple will report an EPS of $1.33, up 5.56% YoY. Revenue estimates stand at $83.07 billion, a 1.55% increase. For the full year, earnings of $6.58 per share and revenue of $384.68 billion are projected, up 7.34% and 0.36% respectively.

Apple holds a Zacks Rank of 3 (Hold) with a 0.09% increase in EPS projections. The stock currently trades with a Forward P/E of 32.39 and a PEG ratio of 2.59, higher than the industry average. The Zacks Industry Rank for Computer – Mini computers is at 49, in the top 20%.



Read more at Nasdaq: Apple (AAPL) Outpaces Stock Market Gains: What You Should Know