With 2.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.01 million shares. The 52-week range on APLE shows that it touched its highest point at $16.45 and its lowest point at $10.44 during that stretch. It currently has a 1-year price target of $13.50. With its current market cap of 2.76 billion, APLE has annualized dividend of $1.01 while the current yield stands at 8.70%. Beta for the stock currently stands at 1.08.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of APLE was down-trending over the past week, with a drop of -0.94%, but this was up by 8.91% over a month. Three-month performance dropped to -26.75% while six-month performance fell -20.93%. The stock lost -21.30% in the past year, while it has lost -24.36% so far this year. A look at the trailing 12-month EPS for APLE yields 0.79 with Next year EPS estimates of 0.77. For the next quarter, that number is 0.28. This implies an EPS growth rate of -15.36% for this year and 2.21% for next year.
Float and Shares Shorts:
At present, 238.41 million APLE shares are outstanding with a float of 221.21 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for APLE since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.86538 being high and $0.85463 being low. For APLE, this leads to a yearly average estimate of $0.86.
