In the latest trading session, Apple (AAPL) closed at $267.26, down 1.38%, lagging behind the S&P 500’s 0.64% gain. Over the past month, AAPL shares have decreased by 2.79%, underperforming the Computer and Technology sector’s loss of 0.21% and the S&P 500’s gain of 0.55%.

Analysts anticipate Apple will report an EPS of $2.65, a 10.42% increase from the previous year. Revenue is estimated to be $137.4 billion, up 10.54% from the same quarter last year. Zacks Consensus Estimates project full-year earnings of $8.11 per share and revenue of $451.74 billion, showing 8.71% and 8.55% growth, respectively.

Apple’s Zacks Rank currently stands at #3 (Hold) with a Forward P/E ratio of 33.4, trading at a premium to its industry average of 12.72. AAPL’s PEG ratio is 2.54, higher than the industry average of 1.66. The industry ranks in the bottom 15% of all industries, according to Zacks Industry Rank of 210.

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