Apple (AAPL) Rises Higher Than Market: Key Facts

Apple (AAPL) closed at $332.48, up 1.81% and outperforming the S&P 500's 0.86% gain. The stock has risen 6.98% over the past month. Analysts expect upcoming earnings of $1.98 per share (7.03% YoY growth) and revenue of $112.84 billion (10.12% YoY growth). However, Apple carries a premium valuation with a Forward P/E of 36.89 versus the industry average of 20, and a PEG ratio of 2.79 compared to the industry average of 1.7. The stock holds a Zacks Rank of #3 (Hold).