Somewhat Positive News Coverage Somewhat Unlikely to Impact Apple (AAPL) Stock Price

Media coverage about Apple (NASDAQ:AAPL) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Apple earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the iPhone maker an impact score of 45.8228509539955 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern’s rankings:

A number of equities analysts have commented on the company. Citigroup restated a “buy” rating and issued a $200.00 target price on shares of Apple in a research note on Wednesday. Stifel Nicolaus reaffirmed a “sell” rating and set a $26.00 price target (up previously from $22.00) on shares of Apple in a report on Wednesday. KeyCorp reaffirmed a “buy” rating and set a $192.00 price target on shares of Apple in a report on Thursday, December 7th. Tigress Financial reaffirmed a “strong-buy” rating on shares of Apple in a report on Wednesday, December 6th. Finally, UBS set a $190.00 price target on Apple and gave the company a “buy” rating in a report on Monday, December 4th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, forty-five have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $197.57.

Shares of Apple (AAPL) traded up $0.57 during trading on Wednesday, reaching $172.27. 23,386,740 shares of the company’s stock traded hands, compared to its average volume of 27,247,959. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.28 and a quick ratio of 1.23. The company has a market capitalization of $886,541.63, a PE ratio of 18.77, a price-to-earnings-growth ratio of 1.38 and a beta of 1.22. Apple has a 1 year low of $113.75 and a 1 year high of $176.24.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, November 2nd. The iPhone maker reported $2.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.87 by $0.20. The firm had revenue of $52.58 billion for the quarter, compared to analysts’ expectations of $50.71 billion. Apple had a net margin of 21.09% and a return on equity of 36.29%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 earnings per share. equities analysts expect that Apple will post 11.18 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, November 13th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, November 10th. This represents a $2.52 annualized dividend and a yield of 1.46%. Apple’s dividend payout ratio is 27.39%.

In other news, SVP Johny Srouji sold 5,760 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $174.40, for a total transaction of $1,004,544.00. Following the sale, the senior vice president now directly owns 81,560 shares of the company’s stock, valued at $14,224,064. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Philip W. Schiller sold 56,808 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $154.70, for a total transaction of $8,788,197.60. The disclosure for this sale can be found here. Insiders have sold 232,967 shares of company stock worth $37,944,683 over the last ninety days. Insiders own 0.08% of the company’s stock.

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About Apple

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

Insider Buying and Selling by Quarter for Apple (NASDAQ:AAPL)

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