Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $243.85 in the prior trading day, Apple Inc (NASDAQ: AAPL) closed at $243.36, down -0.20%. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 40.04 million shares were traded. AAPL stock price reached its highest trading level at $244.18 during the session, while it also had its lowest trading level at $241.89.
Ratios:
Our goal is to gain a better understanding of AAPL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.87. In the meantime, Its Debt-to-Equity ratio is 2.09 whereas as Long-Term Debt/Eq ratio is at 1.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Bernstein on January 03, 2025, Reiterated its Outperform rating but revised its target price to $260 from $240 previously.
On December 26, 2024, Wedbush reiterated its Outperform rating and also lowered its target price recommendation from $300 to $325.
UBS reiterated its Neutral rating for the stock on December 02, 2024, and also maintained the target price at $236.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when WILLIAMS JEFFREY E sold 100,000 shares for $249.97 per share. The transaction valued at 24,997,395 led to the insider holds 389,944 shares of the business.
WILLIAMS JEFFREY E bought 100,000 shares of AAPL for $24,997,440 on Dec 16 ’24. On Nov 18 ’24, another insider, LEVINSON ARTHUR D, who serves as the Director of the company, sold 75,000 shares for $228.66 each. As a result, the insider received 17,149,500 and left with 4,209,576 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AAPL now has a Market Capitalization of 3678581030912 and an Enterprise Value of 3732474691584. As of this moment, Apple’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.09, and their Forward P/E ratio for the next fiscal year is 29.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.39 while its Price-to-Book (P/B) ratio in mrq is 64.60. Its current Enterprise Value per Revenue stands at 9.545 whereas that against EBITDA is 27.718.
Stock Price History:
Over the past 52 weeks, AAPL has reached a high of $260.10, while it has fallen to a 52-week low of $164.07. The 50-Day Moving Average of the stock is 2.29%, while the 200-Day Moving Average is calculated to be 13.67%.
Shares Statistics:
The stock has traded on average 43.81M shares per day over the past 3-months and 51304510 shares per day over the last 10 days, according to various share statistics. A total of 15.12B shares are outstanding, with a floating share count of 15.10B. Insiders hold about 0.09% of the company’s shares, while institutions hold 62.60% stake in the company. Shares short for AAPL as of 1734048000 were 156458273 with a Short Ratio of 3.57, compared to 1731628800 on 141037864. Therefore, it implies a Short% of Shares Outstanding of 156458273 and a Short% of Float of 1.04.
Dividends & Splits
In the trailing 12 months, AAPL’s forward annual dividend rate was 0.98, compared to 0.99 this year. Against a Trailing Annual Dividend Yield of 0.004018864The stock’s 5-year Average Dividend Yield is 0.61.
