Apple Inc.s in-depth stock price analysis indicates that the stock price has rallied 20.04% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 23.55% . Looking at the past 52 week period, the stock price is up at 40.57% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Apple Inc. has a positive value of 6.27 compared to overall market. Apple Inc. (NASDAQ:AAPL) has climbed 2.36% in the past week and advanced 10.99% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.53% and the outperformance has advanced to 9% for the last 4 weeks period.
Apple Inc. (NASDAQ:AAPL) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.3 points or 0.23% at $132.12 with 20,065,458 shares getting traded. Post opening the session at $132.46, the shares hit an intraday low of $132.05 and an intraday high of $132.94 and the price was in this range throughout the day. The company has a market cap of $693,173 million and the number of outstanding shares has been calculated to be 5,246,540,000 shares. The 52-week high of Apple Inc. (NASDAQ:AAPL) is $132.94 and the 52-week low is $89.47.
Apple Last issued its quarterly earnings results on Jan 31, 2017. The company reported $3.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.14. Analyst had a consensus of $3.22. The company had revenue of $78351.00 million for the quarter, compared to analysts expectations of $77258.90 million. The companys revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.28 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Feb 1, 2017 to Buy, Raises Price Target to $ 135 from a previous price target of $130 .Company shares were Reiterated by RBC Capital Mkts on Feb 1, 2017 to Outperform, Raises Price Target to $ 140 from a previous price target of $125 .Apple was Reiterated by Maxim Group on Jan 31, 2017 to Buy, Lowers Price Target to $ 164 from a previous price target of $173 .Apple was Downgraded by Barclays on Jan 24, 2017 to Equal Weight, Lowers Price Target to $ 117 from a previous price target of $119 .Company shares were Reiterated by Macquarie on Jan 20, 2017 to Outperform, Raises Price Target to $ 148 from a previous price target of $133 .
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Johny Srouji (Senior Vice President) sold 16,538 shares at 129.96 per share price.On Feb 3, 2017, D Bruce Sewell (SVP, Genl Counsel, Secretary) sold 75,000 shares at 128.43 per share price.On Feb 3, 2017, Arthur D Levinson (director) sold 2,580 shares at 127.99 per share price.
Apple Inc. is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The Companys products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Apple Inc. is headquartered in Cupertino, California.