Apple Inc. (NASDAQ:AAPL) slipped over -0.4% at $173.97. Apple Inc. has 5.17 billion shares outstanding, and in the last trade has seen ATR around 2.59. The volume of AAPL witnessed a shift from 16.88 million shares, based on a 50-day average, to 28.32 million shares.
In the most updated research from a number of analysts on Wall Street, the company gets 33 Buys and 0 Sell among 38 analysts. Apple Inc. (NASDAQ:AAPL) hasconsensus analyst target price is $186.34. That gives us a street projected return of 7.11%. If the published price targets set by Apple Inc. analysts have any power to influence the stock’s share price, the highest price target set for AAPL is $235.
Apple Inc. most recently reported earnings per share (EPS) of $2.07 for the September 2017 versus $1.67 in the same quarter last year, representing 24% growth. Analysts had predicted $1.87. Revenue during the quarter was $52.58 billion, representing 12% growth from $46.85 billion in year-ago quarter. The company’s quarterly EPS surprised Wall Street by as much as 11% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.
On a similar note, analysts expect EPS of $3.75 in December 2017 quarter and $2.89 in March 2018 quarter, representing 11.61% and 37.62% growth, respectively. They expect this year’s earnings to rise 21.06% year-over-year to $11.15, followed by 3.59% growth in the next year to $11.55.
Shares of CenturyLink, Inc. (NYSE:CTL) traded down -0.97% in the last session while performance was up 15.33% in the last five days. The stock’s last price was lower from the average trading price of 50 days recorded at $18.61 while enlarging the period to 200 trading days, the average price was $22.55. Currently, 1.07 billion total shares are owned by the public and among those 1.06 billion shares have been available to trade. The percentage of shares being held by the company management was 0.7% while institutional stake was 43.4%.
CenturyLink, Inc. (CTL) has risen 5% since then. But since then, those gains have faded by -44.48%. CTL has lost -24.3% in the 1-month period.
Apple Inc. has a beta of 0.9, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.58 a share in the trailing twelve months. It last reported revenues of $4.03 billion and EPS of $0.42 for the September 2017, representing -8% top-line growth and 0.56 EPS growth.
Looking forward, the company’s quarterly earnings are expected to come at $0.49 in the three months through December 2017 and $0.51 in the quarter ending March 2018, reflecting -9.26% and -1.92% growth, respectively. For the full year, analysts expect earnings to decline -21.63% yoy to $1.92. Next year this decline will reach -6.77% to attain $1.79.