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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple    AAPL

APPLE

(AAPL)
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Apple : Profit-taking can be expected to dominate

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04/11/2019 | 11:37am EDT
short sell
Stop-loss triggered
Entry price : 200.379$ | Target : 182.4$ | Stop-loss : 207.2$ | Potential : 8.97%
Up substantially over the past few weeks, shares in Apple should pause in their rise close to the major resistance around 226.87 USD.
Investors should open a short trade and target the $ 182.4.
Chart APPLE
Duration : Period :
Apple Technical Analysis Chart | MarketScreener
Full-screen chart
Strengths
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • The group usually releases upbeat results with huge surprise rates.
  • Analysts covering this company mostly recommend stock overweighting or purchase.

Weaknesses
  • According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • With an enterprise value anticipated at 3.34 times the sales for the current fiscal year, the company turns out to be overvalued.
  • The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
  • For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
  • For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
  • For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
  • The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
Apple : Profit-taking can be expected to dominate
Stocks mentioned in the article
ChangeLast1st jan.
APPLE 2.29% 207.22 Delayed Quote.28.43%
THOMSON REUTERS CORP 1.05% 89.3 Delayed Quote.34.04%
VALUE8 -1.05% 5.66 Delayed Quote.20.68%

David Meurisse
© Zonebourse.com 2019
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2019 257 B
EBIT 2019 62 361 M
Net income 2019 53 309 M
Finance 2019 101 B
Yield 2019 1,44%
P/E ratio 2019 18,1x
P/E ratio 2020 16,4x
EV / Sales2019 3,32x
EV / Sales2020 3,22x
Capitalization 953 B
Upcoming event on APPLE
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 212,37  $
Last Close Price 207,22  $
Spread / Highest target 20,6%
Spread / Average Target 2,48%
Spread / Lowest Target -27,6%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE28.43%932 132
SAMSUNG ELECTRONICS CO LTD--.--%264 975
XIAOMI CORP--.--%27 945
WINGTECH TECHNOLOGY CO LTD70.14%3 330
FITBIT INC-12.88%1 104
MERRY ELECTRONICS CO LTD--.--%1 069