Apple's stock rose 1.82% but trailed the market, upcoming earnings report positive.
From Nasdaq: 2025-03-14 17:45:10
In the latest trading session, Apple (AAPL) closed at $213.49, marking a +1.82% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 2.13%. The Dow added 1.65%, and the Nasdaq gained 2.61%. Heading into today, Apple shares had lost 13.19% over the past month, outpacing the sector’s loss of 13.29%.
Investors are eagerly awaiting Apple’s upcoming earnings disclosure. Analysts project an EPS of $1.61, reflecting a 5.23% increase from last year. The Zacks Consensus Estimate for revenue predicts $93.67 billion in net sales, up 3.22% from the year-ago period. For the entire year, estimates forecast earnings of $7.26 per share and revenue of $406.43 billion.
Recent analyst estimate revisions for Apple indicate the ever-changing business trends. Positive revisions reflect analysts’ confidence in the company’s performance. The Zacks Rank system considers these changes, with Apple holding a #3 (Hold) rank. Zacks Rank #1 stocks have historically returned an average annual gain of +25% since 1988.
Apple is currently trading at a Forward P/E ratio of 28.87, a premium compared to the industry average of 11.53. The PEG ratio stands at 2.09, higher than the industry average of 1.45. The Computer – Micro Computers industry ranks in the top 15% of all industries, with the top 50% rated industries outperforming the bottom half by 2 to 1.
Zacks Investment Research has identified the stock most likely to double in the coming months. Director of Research Sheraz Mian highlights this innovative financial firm with a fast-growing customer base and cutting-edge solutions. This top pick is poised for significant gains and could surpass previous stocks like Nano-X Imaging, which saw a +129.6% increase in 9 months.
Read more at Nasdaq: Apple (AAPL) Rises But Trails Market: What Investors Should Know
