Analysts who follow Apple Inc (AAPL) on average expect it to increase 9.95% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns AAPL an Analyst Ranking of 48, which means it ranks higher than 48 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating AAPL a Strong Buy today. Find out what this means to you and get the rest of the rankings on AAPL!
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Apple Inc Stock Today?
Apple Inc (AAPL) stock is lower by -0.58% while the S&P 500 is up 0.15% as of 11:01 AM on Monday, Feb 12. AAPL is down -$1.10 from the previous closing price of $188.85 on volume of 11,414,418 shares. Over the past year the S&P 500 has risen 21.68% while AAPL is up 22.04%. AAPL earned $6.43 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.22.
Click Here to get the full Stock Report for Apple Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
