[at Wall St. Cheat Sheet] – Despite recently striking a distribution deal with Apple, Japan’s NTT DoCoMo said it had a record drop in monthly subscriptions during September.
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Apple Inc. (AAPL), currently valued at $438.04B, started the session at $489.61.
Looking at today’s market, AAPL one day range is $481.70 to $490.64 with the price of the stock fluctuating between $385.10 to $652.79.
Priced at 12.40x this year’s forecasted earnings,
AAPL shares are relatively inexpensive compared to the industry’s 18.70x forward p/e ratio.
And for dividend hunters, the company pays shareholders $12.20 per share annually in dividends, yielding 2.50% .
Consensus earnings for the current quarter by the 47 sell-side analysts covering the stock is an estimate of $7.86 per share, which would be $0.81 worse than the year-ago quarter but a $0.30 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $39.32 would be a $4.83 worse when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $36.71 Billion. If reported, that would be a 2.06% increase over the year-ago quarter.
Standpoint Research downgraded (AAPL) from Buy to Hold (Aug 2, 2013).
Previously, Robert W. Baird downgraded (AAPL) from Outperform to Neutral. BTIG Research downgraded (AAPL) from Buy to Neutral.
The average price target for AAPL shares is $548.21, which is 11.97% above where the stock opened this morning.
Apple Inc. (NASDAQ:AAPL), together with subsidiaries, designs, manufactures and markets mobile communication and media devices, personal computing products and portable digital music players worldwide. Its products and services include iPhone, iPod, iPad and much more.
Tag Helper ~ Stock Code: AAPL | Common Company name: Apple | Full Company name: Apple Inc. (NASDAQ:AAPL) .