Witnessing the stock’s movement on the chart, on Wednesday, Apple Inc (NASDAQ: AAPL) had a quiet start as it plunged -1.11% to $167.78, before settling in for the price of $169.67 at the close. Taking a more long-term approach, AAPL posted a 52-week range of $159.78-$199.62.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth 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 7.08%. 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 $2590.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $177.49, while the 200-day Moving Average is $182.88.
Apple Inc (AAPL) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Consumer Electronics 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 Apr 02 ’24, this organization’s Chief Executive Officer sold 97,227 shares at the rate of 168.62, making the entire transaction reach 16,394,529 in total value, affecting insider ownership by 3,280,180. Preceding that transaction, on Apr 02 ’24, Company’s Senior Vice President sold 54,732 for 168.91, making the whole transaction’s value amount to 9,244,782. This particular insider is now the holder of 136,572 in total.
Apple Inc (AAPL) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $2.18 earnings per share (EPS) for the period topping the consensus outlook (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 7.08% and is forecasted to reach 7.12 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 2.82. Alongside those numbers, its PE Ratio stands at $26.11, 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 6.72. Similarly, its price to free cash flow for trailing twelve months is now 24.24.
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 7.12 at the market close of one year from today.
Technical Analysis of Apple Inc (AAPL)
Going through the that latest performance of [Apple Inc, AAPL]. Its last 5-days volume of 45.08 million was inferior to the volume of 60.16 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 14.66% While, its Average True Range was 2.60.
Raw Stochastic average of Apple Inc (AAPL) in the period of the previous 100 days is set at 2.06%, which indicates a major fall in contrast to 6.45% 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 21.29% that was higher than 18.08% volatility it exhibited in the past 100-days period.
