Analyst Activity - Piper Jaffray Companies Reiterates Overweight on Apple (NASDAQ:AAPL)

"Outperform View" rating was revealed by 25 and "Underperform Signal" rating was issued by 0. Royal Bank of Canada reissued an "outperform" rating and issued a $125.00 price objective on shares of Apple in a report on Friday, January 13th. Finally, Vetr raised Apple from a "buy" rating to a "strong-buy" rating and set a $133.51 price objective for the company in a report on Tuesday, January 10th.

There are 1 sell rating, 8 hold ratings, 37 buy ratings, 2 strong buy ratings on the stock.

While some feel that Apple (APPL) might be too reliant on the iPhone, Cowen said the outlook for Apple's signature product warrants a price target increase to $155 from $135, according to a note released on Monday morning. Apple Inc. (NASDAQ:AAPL)'s distance from 20 day simple moving average is 1.24% whereas its distance from 50 day simple moving average is 8.08% along with 24.52% distance from 200 day simple moving average.

A trend analysis is a method of analysis that allows traders to predict what will happen with a stock in the future. Apple has a 52-week low of $89.47 and a 52-week high of $141.34.

A total of 36 brokerages have issued a ratings update on Apple Inc.

The company reported its EPS on 01/31/2017. Bearish revenue estimates established at $51.71B while the bullish revenue forecast has been figured out at $54.16B. Presently, it has a Return on Equity (ROE) of 34.90% and Return on Investment (ROI) of 20.60%. The company's a year ago sales total was 50.56 Billion. During the same quarter in the previous year, the business earned $3.28 EPS. This calculation is derived from dividing the current share price by the projected earnings per share. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 14 Insider Sales transactions were made totaling 396137 shares traded. The disclosure for this sale can be found here.

On 2/2/2017 Chris Kondo, Insider, sold 2,649 with an average share price of $128.05 per share and the total transaction amounting to $339,204.45.

At the movement Kellogg Company (NYSE:K) is under coverage by number of analysts. Perhaps, that suggests something about why 0.19% of the outstanding share supply is held by institutional investors.

Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.

If we look at stock performance in last active day trading, we see that stock has moved climbs 0.47% to end the day at $75.11.

On 10/25/2016 Apple announced a quarterly dividend of $0.57 1.97% with an ex dividend date of 11/3/2016 which will be payable on 11/10/2016.

The stock has Return on Assets (ROA) of 14.3 percent. LVM Capital Management Ltd. MI boosted its position in Apple by 2.3% in the third quarter. Inside the closing six months period the stock's performance raised 22.28% while overall yearly performance gained 35.11%. Washington Trust Bank now owns 58,908 shares of the iPhone maker's stock valued at $6,660,000 after buying an additional 1,354 shares during the period.