Apple stock closed down 0.16%, but has gained 8.11% over the last month

From Nasdaq: 2024-07-22 17:45:23

Apple (AAPL) closed at $223.96, -0.16% change from previous session, underperformed S&P 500. Over last month, stock gained 8.11%, outperforming Computer and Technology sector. Earnings report coming August 1, projected EPS $1.33, revenue $83.79 billion. Zacks Rank #2 (Buy). Forward P/E ratio 34.03, PEG ratio 2.73. Industry rank 19/250.

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Investors should pay attention to analyst estimates for Apple as recent revisions reflect near-term business trends. Apple has a Zacks Rank of #2 (Buy) and a track record of superior performance. Valuation metrics show a premium compared to industry averages. Industry rank in top 8% of all industries. Visit Zacks.com for more information.



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