Apple (AAPL) Given Media Impact Score of 1.27

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Media headlines about Apple (NASDAQ:AAPL) have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apple earned a news impact score of 1.27 on their scale. InfoTrie also gave press coverage about the iPhone maker an news buzz score of 5 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company’s share price in the near term.

Here are some of the news stories that may have effected Apple’s score:

NASDAQ:AAPL opened at $199.23 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.25. The company has a market cap of $977.47 billion, a P/E ratio of 16.73, a P/E/G ratio of 2.03 and a beta of 1.14. Apple has a fifty-two week low of $142.00 and a fifty-two week high of $233.47.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Tuesday, January 29th. The iPhone maker reported $4.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.17 by $0.01. The firm had revenue of $84.31 billion during the quarter, compared to analysts’ expectations of $84.07 billion. Apple had a net margin of 22.72% and a return on equity of 50.92%. As a group, equities analysts forecast that Apple will post 11.41 EPS for the current year.

A number of analysts have commented on AAPL shares. UBS Group increased their price objective on shares of Apple from $180.00 to $185.00 in a report on Wednesday, January 30th. Monness Crespi & Hardt reiterated a “buy” rating and issued a $200.00 price objective (down previously from $300.00) on shares of Apple in a report on Thursday, January 3rd. Needham & Company LLC cut their price objective on shares of Apple from $200.00 to $180.00 and set a “buy” rating for the company in a report on Thursday, January 3rd. Citigroup cut their price objective on shares of Apple from $200.00 to $170.00 and set a “buy” rating for the company in a report on Thursday, January 3rd. Finally, Royal Bank of Canada set a $185.00 price objective on shares of Apple and gave the company a “buy” rating in a report on Thursday, January 3rd. Three investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company. Apple currently has an average rating of “Hold” and an average target price of $202.45.

In related news, insider Luca Maestri sold 51,138 shares of the stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $196.61, for a total transaction of $10,054,242.18. Following the completion of the transaction, the insider now owns 27,448 shares of the company’s stock, valued at approximately $5,396,551.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Arthur D. Levinson sold 1,521 shares of the stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $167.71, for a total transaction of $255,086.91. Following the transaction, the director now directly owns 1,134,804 shares of the company’s stock, valued at approximately $190,317,978.84. The disclosure for this sale can be found here. Company insiders own 0.05% of the company’s stock.

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About Apple

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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