Apple (AAPL) closed at $223.83, up 0.53%, but saw a 13.77% loss in the past month

From Nasdaq: 2025-01-22 17:45:18

In the latest trading session, Apple (AAPL) closed at $223.83, up 0.53%, lagging behind the S&P 500’s 0.61% gain. The company’s shares saw a 13.77% loss in the past month, trailing the Computer and Technology sector’s gain of 1.24% and the S&P 500’s gain of 2.08%.

Investors are eagerly awaiting Apple’s upcoming earnings report on January 30, 2025. The projected EPS is $2.36, up 8.26% from the same quarter last year. Revenue is estimated to be $124.1 billion, a 3.78% increase. Full-year estimates forecast earnings of $7.43 per share and revenue of $412.79 billion.

Analyst estimate revisions for Apple can indicate short-term business trends. The Zacks Rank system, with a rank of #3 (Hold) for Apple, has shown a history of stock price performance correlation. Apple’s Forward P/E ratio of 29.97 and PEG ratio of 2.18 are above industry averages.

Zacks’ Research Chief has identified 5 stocks with potential for +100% gains, highlighting one as the top pick. This innovative financial firm with a growing customer base and cutting-edge solutions is poised for significant growth. Past Zacks’ Stocks Set to Double have seen impressive returns, such as Nano-X Imaging’s +129.6% increase.



Read more at Nasdaq: Apple (AAPL) Ascends But Remains Behind Market: Some Facts to Note