Apple Inc. (AAPL) was reiterated a ‘Buy’ by Canaccord Genuity analysts on Tuesday. The broker also raised its price target on the stock to $155 from $150.
Apple Inc. shares are currently priced at 17.89x this year’s forecasted earnings, compared to the industry’s 28.42x earnings multiple. Ticker has a forward P/E of 14.11 and t-12 price-to-sales ratio of 3.87. EPS for the same period is $7.39.
In the past 52 weeks, shares of Cupertino, California-based tech giant have traded between a low of $82.90 and a high of $134.54 and are now at $132.15. Shares are up 65.43% year-over-year and up 20.65% year-to-date.
Starbucks Corporation (SBUX) was reiterated as ‘Buy’ with a $59 from $54 price target on Tuesday by Argus.
On valuation measures, Starbucks Corp. shares are currently priced at 30.76x this year’s forecasted earnings compared to the industry’s 30.68x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.74 and 27.44, respectively. Price/Sales for the same period is 4.48 while EPS is $1.65. Currently there are 22 analysts that rate SBUX a ‘Buy‘, 7 rate it a ‘Hold‘. No analyst rates it a ‘Sell‘. SBUX has a median Wall Street price target of $56.00 with a high target of $60.00.
Windstream Holdings, Inc. (WIN) was upgraded to ‘Buy‘ from ‘Neutral‘ by Nomura analysts on Tuesday. The broker also raised its price target on the stock to $15 from $10.50, implying 43% expected upside.
WIN is currently printing a higher than average trading volume with the issue trading 155K shares, compared to the average volume of 83K. The stock began trading this morning at $10.86 to currently trade 1.27% higher from the prior days close of $10.61. On an intraday basis it has gotten as low as $10.71 and as high as $13.05.
Windstream Holdings’ current year and next year EPS growth estimates stand at (127.8%) and 152.00% compared to the industry growth rates of 14.00% and 6.20%, respectively. The name has a t-12 price-to-sales ratio of 1.10. EPS for the same period registers at ($0.08).
WIN shares have advanced 327.31% in the last 4 weeks and 306.07% in the past three months. Over the past 5 trading sessions the stock has gained 296.48%.
The Little Rock, Arkansas-based company, which is currently valued at $7.37 billion, is up 308.71% year-over-year, compared with a 12.28% gain in the S&P 500.
Cadence Design Systems Inc. (CDNS) was reiterated as ‘Buy’ and the price target was increased to $21 from $19 at Needham.
CDNS is up $0.89 at $19.65 on heavy volume. Midway through trading Tuesday, 6.86 million shares of Cadence Design Systems Inc. have exchanged hands as compared to its average daily volume of 4.06 million shares. The stock ranged in a price between $19.16-$19.83 after having opened the day at $19.44 as compared to the previous trading day’s close of $18.76.
In the past 52 weeks, shares of San Jose, California-based company have traded between a low of $14.90 and a high of $19.83. Shares are up 26.33% year-over-year ; down 1.11% year-to-date.
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