What's Happening with AAPL
Apple Inc (AAPL) is scheduled to report Quarter 4 numbers after market close on February 2. Analysts forecast the company will earn $1.96 per share for the quarter. During the same period last year, the company earned $2.1 per share. The stock is up 4.92% on the year.
Technical Analysis
AAPL was recently trading at $145.86, down $33.75 from its 12-month high and $21.69 above its 12-month low. InvestorsObserver gives AAPL a 25 long-term technical score and a 29 short-term technical score. The stock has recent support above $132 and recent resistance below $152. Of the 23 analysts who cover the stock 17 rate it Strong Buy, 2 rate it Buy, 4 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, AAPL gets an overall score of 38 from InvestorsObserver.
Analysts' Thoughts
AAPL has shown an annual earnings growth of 22.59% over the last five years, and, looking ahead, analysts expect the company's profits to rise 8.28% per annum over the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects earnings of $1.96 per share. AAPL is currently trading at $145.86 with an average price target of $173.00.