Company Update: Apple Inc (NASDAQ:AAPL) – Apple Health Won’t Take Your Organs In A Shady Hotel Room But Is Hoping You’ll Donate Them

[at Forbes] – Apple Health is encouraging you to become an organ donor with the tap of a button. Prime your kidneys and eyeballs. Read more on this. Apple Inc. (AAPL) , valued at $523.06B, started the session at $94.60. During today’s session, AAPL traded between $94.37 to $95.62 and has traded between $89.47 and $132.97 over the past 12 months. Priced at 11.52x this year’s forecasted earnings, AAPL shares are relatively inexpensive compared to the industry’s 13.68x forward p/e ratio. The company pays shareholders $2.28 per share in dividend income per year, for a current yield of 2.38%. In a review of the consensus earnings estimate this quarter, 36 sell-side analysts are looking at $1.39 per share, which would be $0.46 worse than the year-ago quarter and a $0.39 sequential decrease. Investors should also note that the full-year EPS estimate of $8.25 is a $0.97 worse when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $42.35 Billion. If reported, that would be a 14.62% decrease over the year-ago quarter. Recently, Needham Initiated AAPL at Strong Buy (Apr 6, 2016). Previously, Cowen upgraded AAPL from Market Perform to Outperform. Given all the information above, we should disclose to readers that the average price target is $124.23, which is 31.32% above than it opened this morning. See more in (NASDAQ:AAPL) Similar Articles: Company Update: Apple Inc (NASDAQ:AAPL) – Apple Takes the Encryption Fight to the Next Level (AAPL, FB) Market Update: Apple Inc (NASDAQ:AAPL) – Apple Hires Former Google X Lab Leader For Health Care Push Stock Update: Apple Inc (NASDAQ:AAPL) – Will Qualcomm Lose Out on Apple’s iPhone? (QCOM, AAPL)