Under CEO Tim Cook, Apple Inc. has paid a remarkable $11-billion in dividends over the past 12 months, but the overall sector has been eclipsed by financial stocks as the top dividend payer.The Associated Press
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Technology giant Apple Inc. (AAPL-Q) has been awarded a 9 out of 10 score by StockReports+, and it places the company within the top 15 per cent of stock scored by StockReports+. Other technology equipment companies average a rating of 4.8 on the stock report service. It has had a 9 rating for the past five weeks, dropping down from a 10 rating mainly due to a decline in the Insider Trading component score, which dropped to 2, a negative rating, StockReports+ stated. Synaptics Inc. is one of the few tech companies with a 9 rating.
Of the 49 analysts covering the stock, the mean recommendation is a "buy" rating. A "strong buy" is the rating from 16 analysts, while 20 analysts have a "buy" rating, 12 have a "hold" rating and only one has a "reduce" rating. The stock's one-year return is 52 per cent and its five-year return is 255.6 per cent. it's earnings surprises have all been on the upside in the past four quarters and its earnings rating is a 10 "which is significatnly more bullish than the computer hardware industry average of 5.8," StockReports+ said. At the end of April, the company's earnings were a positive surprise of 7.9 per cent above the consensus. The mean 12-month price target for the company is $150 (U.S.), up 16.3 per cent from its current price of $128 (U.S.).
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