Apple Stock Gets 'Moderate Buy' Rating from Analysts

Apple Inc.'s (NASDAQ:AAPL) stock has received a consensus recommendation of 'Moderate Buy' from thirty-five research firms, according to Marketbeat Ratings. Analysts have weighed in on AAPL shares, with Jefferies Financial Group reissuing a 'hold' rating and JPMorgan Chase & Co. dropping their price target on shares of Apple from $345.00 to $340.00.

The firm has a debt-to-equity ratio of 0.66, a current ratio of 1.00, and a quick ratio of 0.93. The stock has a market capitalization of $4.54 trillion, a P/E ratio of 35.43, and a beta of 1.09.

The company recently declared a quarterly dividend of $0.27 per share, payable August 13 to shareholders of record August 10. This represents a $1.08 annualized dividend and a dividend yield of 0.3%.