Apple Inc. (AAPL) Forms $170.31 Double Top; Seaboard (NYSEAMERICAN:SEB) Sellers Decreased By 2.94% Their Shorts

Apple Inc. (AAPL) formed double top with $183.93 target or 8.00% above today’s $170.31 share price. Apple Inc. (AAPL) has $874.42B valuation. The stock decreased 0.15% or $0.26 during the last trading session, reaching $170.31. About 7.18 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since December 27, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Seaboard Corporation (NYSEAMERICAN:SEB) had a decrease of 2.94% in short interest. SEB’s SI was 3,300 shares in December as released by FINRA. Its down 2.94% from 3,400 shares previously. With 200 avg volume, 17 days are for Seaboard Corporation (NYSEAMERICAN:SEB)’s short sellers to cover SEB’s short positions. The SI to Seaboard Corporation’s float is 1.24%. The stock decreased 0.76% or $32.55 during the last trading session, reaching $4257.66. About 4 shares traded. Seaboard Corporation (NYSEAMERICAN:SEB) has risen 36.88% since December 27, 2016 and is uptrending. It has outperformed by 20.18% the S&P500.

Seaboard Corporation operates as a diverse agribusiness and transportation firm worldwide. The company has market cap of $4.98 billion. The Company’s Pork division is involved in hog production and pork processing; and the production and sale of fresh and frozen pork products to further processors, foodservice operators, grocery stores, distributors, and retail outlets. It has a 15.24 P/E ratio. This division sells its fresh products under the Prairie Fresh brand; and raw and pre-cooked bacon, ham, and sausage under the DailyÂ’s brand.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 342 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Rosenblatt on Friday, September 11. The rating was maintained by Drexel Hamilton with “Buy” on Monday, August 7. On Friday, November 3 the stock rating was maintained by FBN Securities with “Buy”. As per Tuesday, October 31, the company rating was maintained by Piper Jaffray. Pacific Crest maintained Apple Inc. (NASDAQ:AAPL) on Monday, August 17 with “Positive” rating. On Monday, August 24 the stock rating was maintained by FBR Capital with “Outperform”. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, August 25. As per Wednesday, November 18, the company rating was upgraded by Goldman Sachs. The rating was upgraded by Maxim Group to “Buy” on Friday, October 23. The firm has “Buy” rating by Cowen & Co given on Wednesday, June 21.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 earnings per share, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.25 billion for 11.35 P/E if the $3.75 EPS becomes a reality. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.