Somewhat Critical News Coverage Somewhat Unlikely to Affect Apple (AAPL) Share Price

News stories about Apple (NASDAQ:AAPL) have been trending somewhat negative on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Apple earned a media sentiment score of -1.60 on their scale. InfoTrie also gave news headlines about the iPhone maker an news buzz score of 4 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media headlines that may have effected Apple’s analysis:

NASDAQ AAPL opened at $169.43 on Tuesday. Apple has a 52-week low of $142.00 and a 52-week high of $233.47. The company has a quick ratio of 1.25, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. The firm has a market cap of $837.59 billion, a PE ratio of 14.23, a P/E/G ratio of 1.75 and a beta of 1.13.



Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Tuesday, January 29th. The iPhone maker reported $4.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.17 by $0.01. Apple had a net margin of 22.72% and a return on equity of 50.92%. The company had revenue of $84.31 billion during the quarter, compared to the consensus estimate of $84.07 billion. On average, equities analysts expect that Apple will post 11.39 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 14th. Shareholders of record on Monday, February 11th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Friday, February 8th. Apple’s dividend payout ratio is presently 24.52%.

AAPL has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. restated a “buy” rating and set a $228.00 price target on shares of Apple in a research report on Friday, January 11th. Royal Bank of Canada restated a “buy” rating and set a $185.00 price target on shares of Apple in a research report on Friday, January 18th. Citigroup reduced their price target on shares of Apple from $265.00 to $240.00 and set a “buy” rating for the company in a research report on Friday, November 2nd. Rosenblatt Securities set a $165.00 price target on shares of Apple and gave the company a “neutral” rating in a research report on Thursday, December 6th. Finally, Morgan Stanley boosted their price target on shares of Apple from $226.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, November 8th. One investment analyst has rated the stock with a sell rating, twenty-four have assigned a hold rating and twenty-two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $191.66.

In other Apple news, Director Arthur D. Levinson sold 1,521 shares of the business’s stock in a transaction on Friday, February 1st. The shares were sold at an average price of $167.71, for a total value of $255,086.91. Following the completion of the sale, the director now directly owns 1,134,804 shares of the company’s stock, valued at $190,317,978.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Chris Kondo sold 3,408 shares of the business’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $190.00, for a total transaction of $647,520.00. Following the completion of the sale, the insider now directly owns 8,940 shares of the company’s stock, valued at $1,698,600. The disclosure for this sale can be found here. Insiders own 0.05% of the company’s stock.

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Apple Company Profile

Apple Inc designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.

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