Apple Inc. (NASDAQ:AAPL)‘s stock had its “hold” rating reaffirmed by investment analysts at Citigroup Inc. in a note issued to investors on Thursday, AR Network reports. They currently have a $570.00 target price on the stock. Citigroup Inc.’s price target points to a potential upside of 0.39% from the stock’s previous close. Apple Inc.(NASDAQ:AAPL) shares after opening at $568.21 moved to $570.00 on last trade day and at the end of the day closed at $567.77. Company price to sales ratio in past twelve months was calculated as 2.91 and price to cash ratio as 12.44. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 9.39%.
Elizabeth Arden’s Inc.(NASDAQ:RDEN) acquisition will help expand Seoul-based LG Household’s luxury fragrance product-line. “Elizabeth Arden gets 78 percent of its sales from perfume, which is a product area where local companies are weak,” commented Song Kwang-soo, an analyst at Meritz Securities, security and financial service providers in South Korea. Elizabeth Arden, Inc.(NASDAQ:RDEN) shares advanced 13.10% in last trading session and ended the day on $36.00.RDEN return on equity ratio is recorded as 5.80% and its return on assets is 2.60%.Elizabeth Arden, Inc.(NASDAQ:RDEN) yearly performance is -13.27%.
JAKKS Pacific, Inc. (NASDAQ:JAKK) reported results for the Company’s first quarter ended March 31, 2014.General Motors Corporation AllianceBernstein Holding L.P. Hewlett-Packard Company Hitachi Ltd. Equinix Inc. 3M Co. Google Inc. HSN, Inc. Raymond James Financial Inc. Caterpillar.Net sales for the first quarter of 2014 increased to $82.5 million up 5.7% from net sales of $78.1 million reported in the comparable period in 2013. The reported net loss for the first quarter was $16.3 million, or $0.74 per diluted share. This compares to a net loss of $27.6 million, or $1.26 per diluted share, reported in the comparable period in 2013. JAKKS Pacific, Inc.(NASDAQ:JAKK) shares moved up 7.10% in last trading session and was closed at $8.90, while trading in range of $ 8.31 – 9.00. JAKKS Pacific, Inc. (NASDAQ:JAKK) year to date (YTD) performance is 32.44%.
One stock that might be an intriguing choice for investors right now is Gruma S.A.B. de CV (NYSE:GMK). This is because this security in the Processed and Packaged Goods space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. Gruma S.A.B. de C.V. (ADR) (NYSE:GMK) weekly performance is 7.10%. On last trading day company shares ended up $35.28. Gruma S.A.B. de C.V. (ADR) (NYSE:GMK) distance from 50-day simple moving average (SMA50) is 8.11%. Analysts mean target price for the company is $37.33.