7/29/2023 0 Comments Yahoo finance aapl![]() How do I download historical data using the Yahoo Finance API?.How do I get started with the Yahoo_fin library?.What are some of the ways to access the Yahoo Finance API?.Is the Yahoo Finance API usable with Python?.Why shouldn’t I use the Yahoo Finance API?.Why should I use the Yahoo Finance API?.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Apple. Click here to see the values of some of the valuation metrics that have driven this grade. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B a B is better than a C and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.Īpple is graded D on this front, indicating that it is trading at a premium to its peers. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. No investment decision can be efficient without considering a stock's valuation. The company topped consensus revenue estimates three times over this period. ![]() Over the last four quarters, Apple surpassed consensus EPS estimates three times. EPS of $1.52 for the same period compares with $1.52 a year ago.Ĭompared to the Zacks Consensus Estimate of $93.32 billion, the reported revenues represent a surprise of +1.63%. Last Reported Results and Surprise HistoryĪpple reported revenues of $94.84 billion in the last reported quarter, representing a year-over-year change of -2.5%. For the current and next fiscal years, $384.34 billion and $409.1 billion estimates indicate -2.5% and +6.4% changes, respectively. So, it's important to know a company's potential revenue growth.įor Apple, the consensus sales estimate for the current quarter of $81.17 billion indicates a year-over-year change of -2.2%. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. Over the last 30 days, this estimate has remained unchanged.ġ2-month consensus EPS estimate for AAPL _12MonthEPSChartUrl Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%.įor the current fiscal year, the consensus earnings estimate of $5.99 points to a change of -2% from the prior year. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.Īpple is expected to post earnings of $1.18 per share for the current quarter, representing a year-over-year change of -1.7%. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. And if earnings estimates go up for a company, the fair value for its stock goes up. ![]() We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. Now the key question is: Where could the stock be headed in the near term?Īlthough media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. The Zacks Computer - Mini computers industry, to which Apple belongs, has gained 8.7% over this period. Shares of this maker of iPhones, iPads and other products have returned +6.4% over the past month versus the Zacks S&P 500 composite's +5% change. ![]() So, you might want to look at some of the facts that could shape the stock's performance in the near term. Apple (AAPL) has been one of the most searched-for stocks on lately.
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