Trucking Higher Touching a New Recent Peak Are Shares of Apple Inc. (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL) shares have climbed higher recently touching a new 52-week peak. The stock has seen a price of $118.99 according to a recent bid. Interested investors will be keeping an eye on the stock to see if it will continue to track upwards.

Share Performance Summary

Since the start of the calendar year, Apple Inc. (NASDAQ:AAPL)’s stock has changed 2.74%. Over the last five trading sessions, the stock has moved 2.74%. For the past month, Apple Inc.’s stock has been 7.17%, 4.86% for the last quarter, 23.99% for the past six months and 25.45% for the past 52 weeks.

Based on current stock levels, Apple Inc. shares are trading 0.70% off of the 50-day high and 14.33% away from the 50-day low.

EPS Watch

Earnings Per Share (EPS), the portion of a company’s profit distributed to each outstanding common share, is a useful indicator of a company’s profitability. EPS is typically considered to be the most important variable in determining a share’s price. Apple Inc. (NASDAQ:AAPL)’s EPS growth this year is -9.90% and the trailing 12-month EPS is $8.28. Covering sell-side analysts are estimating company growth for next year to be 12.15%. On a consensus basis, analysts have given a recommendation of 1.90 on company shares.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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