Trade-Ideas LLC identified Apple ( AAPL) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Apple as such a stock due to the following factors:

  • AAPL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.5 billion.
  • AAPL is down 3.2% today from today's close.

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More details on AAPL:

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide. The stock currently has a dividend yield of 2%. AAPL has a PE ratio of 11. Currently there are 25 analysts that rate Apple a buy, 1 analyst rates it a sell, and 4 rate it a hold.

The average volume for Apple has been 39.0 million shares per day over the past 30 days. Apple has a market cap of $586.0 billion and is part of the consumer goods sector and consumer durables industry. The stock has a beta of 1.44 and a short float of 1% with 1.59 days to cover. Shares are down 0.2% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Apple as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, increase in net income and growth in earnings per share. We feel its strengths outweigh the fact that the company shows weak operating cash flow.

Highlights from the ratings report include:
  • Despite its growing revenue, the company underperformed as compared with the industry average of 2.2%. Since the same quarter one year prior, revenues slightly increased by 1.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. When compared to other companies in the Computers & Peripherals industry and the overall market, APPLE INC's return on equity exceeds that of the industry average and significantly exceeds that of the S&P 500.
  • 43.58% is the gross profit margin for APPLE INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 24.37% is above that of the industry average.
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Computers & Peripherals industry average. The net income increased by 1.9% when compared to the same quarter one year prior, going from $18,024.00 million to $18,361.00 million.
  • APPLE INC has improved earnings per share by 7.2% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, APPLE INC increased its bottom line by earning $9.20 versus $6.43 in the prior year. For the next year, the market is expecting a contraction of 1.8% in earnings ($9.03 versus $9.20).

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