Apple Inc’s Analysis:
According to 22 analysts’ stock predictions for Apple, the average analyst target price for Apple Inc. over the next 12 months is USD 173.76. Analysts generally rate Apple Inc. as a Strong Buy. Apple Inc.’s stock analysis by Stock Target Advisor is Bullish and is based on 10 positives and 4 negative signals. The stock price of Apple Inc. was USD 144.80 at the most recent closing. Over the previous week, month, and year, Apple Inc.’s stock price has changed by +0.98%, -4.59%, and -2.72%, respectively. The consensus Crowd Target for the stock is $174 per share, with a Crowd Rating of a Buy.
Citigroup just released their coverage update on Apple’s stock after the company’s earnings release on Friday. The analyst reduced their 12 month forecast price target to $175 from $185, and maintained the Buy rating on the stock.
STA Research maintained the Hold rating on the stock, and kept the $150 price target intact on the stock.
KeyBanc Capital Markets lowered their target forecast to $177 to $185, and maintained the Overweight rating.
Apple’s Outperform was reiterated at Robert W. Baird, and the analysts cut the price target to $170 from $185.
Wedbush maintained their firm’s Outperform rating, and reduced the stock’s target to $200 per share from $220.
D.A. Davidson cut their target to $167 from $185, and kept the Buy rating steady.
Deutsche Bank Capital maintained the Buy rating, and slighlty adjusted the target to $170 from $175.
The Equal Weight rating was maintained at Barclays Capital, with a minor increase in the target to $156 from $155.
Finally, Credit Suisse cut one of the loftier targets on Wall Street to $184 from $190, and maintained the Outperform rating on AAPL’s stock price.
Fundamental Analysis of Apple Stock Price Target:
Market capitalization is high: This organization is among the top quartile and is one of the biggest in its industry. These businesses are typically more reliable.
Superior returns on risk: In the top quartile, this stock has outperformed its sector rivals on a risk-adjusted basis over the course of at least a 12-month holding period.
Low Volatility: For a hold duration of at least 12 months, the stock’s yearly returns have been stable and constant when compared to peers in its industry, and they are in the top quartile. Although stability is desirable, it can also restrict returns.
Outstanding total returns: The stock is in the top quartile and has beaten its sector rivals over the previous five years (for a hold duration of at least 12 months).
Excellent return on equity: The management of the company has outperformed its competitors in terms of return on equity over the last four quarters, ranking it in the top quartile.
Superior capital efficiency: In the last four quarters, firm management outperformed its counterparts in terms of return on invested capital, putting it in the top quartile.
Excellent return on assets: The management of the company has outperformed its counterparts in terms of return on assets over the last four quarters, putting it in the top quartile.
Healthy cash flow: The last four quarters saw positive total cash flow for the organization.
Favourable free cash flow: The last four quarters saw the company generate positive total free cash flow.
High Asset to Gross Profit Ratio: When compared to its rivals, this stock’s Gross Profit to Asset Ratio is in the top quartile. Value investors choose this metric because it exhibits superior long-term returns.
Overvalued in comparison to wages: The stock is trading above the sector median and at a premium to its peers in terms of price to earnings.
Compared to book value, it is overpriced: On a price to book value basis, the stock is selling at a premium to the median of its peer group.
Overpriced based on cash flow: On a price to cash flow ratio, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.
Priced excessively based on free cash flow: On a price to free cash flow basis, the stock is trading at a premium to that of its competitors. Its pricing is higher than the sector median. Whenever you are thinking about buying, go with prudence.
AAPL’s stock is rated with a fundamental score of 6.9 out of 10, where 0 is very bad and 10 is very good.