Apple Inc (AAPL) PE Ratio stood at $26.97: Odds are Looking Good After Recent Activity

Apple Inc (NASDAQ: AAPL) established initial surge of 2.12% at $173.31, before settling in for the price of $169.71 at the close. Taking a more long-term approach, AAPL posted a 52-week range of $155.98-$199.62.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 8.34%. Meanwhile, its Annual Earning per share during the time was 15.55%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.17%. This publicly-traded company’s shares outstanding now amounts to $15.55 billion, simultaneously with a float of $15.43 billion. The organization now has a market capitalization sitting at $2676.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $181.50, while the 200-day Moving Average is $183.58.

Apple Inc (AAPL) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Apple Inc industry. Apple Inc’s current insider ownership accounts for 0.09%, in contrast to 61.76% institutional ownership. According to the most recent insider trade that took place on Feb 29 ’24, this organization’s Director sold 100,000 shares at the rate of 180.94, making the entire transaction reach 18,094,000 in total value, affecting insider ownership by 4,434,576. Preceding that transaction, on Nov 29 ’23, Company’s Principal Accounting Officer sold 5,513 for 192.00, making the whole transaction’s value amount to 1,058,496. This particular insider is now the holder of 29,174 in total.

Apple Inc (AAPL) Earnings and Revenue Records

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $2.18 earnings per share (EPS) during the time that was better the consensus figure (set at $2.1) by $0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.32 per share during the current fiscal year.

Apple Inc’s EPS increase for this current 12-month fiscal period is 7.17% and is forecasted to reach 7.15 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.00% through the next 5 years, which can be compared against the 15.55% growth it accomplished over the previous five years trading on the market.

Apple Inc (NASDAQ: AAPL) Trading Performance Indicators

Let’s observe the current performance indicators for Apple Inc (AAPL). It’s Quick Ratio in the last reported quarter now stands at 1.02. The Stock has managed to achieve an average true range (ATR) of 3.52. Alongside those numbers, its PE Ratio stands at $26.97, and its Beta score is 1.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.94. Similarly, its price to free cash flow for trailing twelve months is now 25.04.

In the same vein, AAPL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.43, a figure that is expected to reach 1.51 in the next quarter, and analysts are predicting that it will be 7.15 at the market close of one year from today.

Technical Analysis of Apple Inc (AAPL)

Now, what If we examine the latest scores posted by [Apple Inc, AAPL]. During the last 5-days, its volume was better the volume of 61.94 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 19.96% While, its Average True Range was 3.58.

Raw Stochastic average of Apple Inc (AAPL) in the period of the previous 100 days is set at 15.48%, which indicates a major fall in contrast to 44.91% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 24.10% that was higher than 18.93% volatility it exhibited in the past 100-days period.