Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government clients worldwide. The company has market cap of $892.88 billion. The firm also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It has a 19.06 P/E ratio. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers.
The stock of MagneGas Corporation (NASDAQ:MNGA) hit a new 52-week low and has $4.03 target or 6.00% below today’s $4.29 share price. The 8 months bearish chart indicates high risk for the $97.60 million company. The 1-year low was reported on Jan, 17 by Barchart.com. If the $4.03 price target is reached, the company will be worth $5.86M less. The stock decreased 18.35% or $0.964 during the last trading session, reaching $4.286. About 170,595 shares traded. MagneGas Corporation (NASDAQ:MNGA) has declined 77.22% since January 17, 2017 and is downtrending. It has underperformed by 93.92% the S&P500.
Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 EPS, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08B for 11.70 P/E if the $3.75 EPS becomes a reality. After $2.07 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.
The stock decreased 0.38% or $0.67 during the last trading session, reaching $175.52. About 6.70 million shares traded. Apple Inc. (AAPL) has risen 62.48% since January 17, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.
Ratings analysis reveals 85% of Apple’s analysts are positive. Out of 20 Wall Street analysts rating Apple, 17 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $108.0 while the high is $180.0. The stock’s average target of $137.50 is -21.66% below today’s ($175.52) share price. AAPL was included in 20 notes of analysts from September 8, 2016. Maxim Group maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, January 31 with “Buy” rating. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Thursday, January 19 by Bank of America. The firm earned “Buy” rating on Wednesday, October 12 by Mizuho. Macquarie Research maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, January 20. Macquarie Research has “Outperform” rating and $148.0 target. The stock of Apple Inc. (NASDAQ:AAPL) has “Market Perform” rating given on Thursday, September 8 by Wells Fargo. The stock of Apple Inc. (NASDAQ:AAPL) earned “Long-Term Buy” rating by Hilliard Lyons on Thursday, October 27. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Tuesday, February 28 by Guggenheim. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Tuesday, October 18 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, September 30 by Citigroup. Goldman Sachs maintained the stock with “Buy” rating in Monday, February 13 report.