On Monday, Apple Inc (NASDAQ: AAPL) opened lower -0.07% from the last session, before settling in for the closing price of $226.05. Price fluctuations for AAPL have ranged from $164.07 to $237.23 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 8.34% over the last five years. Company’s average yearly earnings per share was noted 9.34% at the time writing. With a float of $15.18 billion, this company’s outstanding shares have now reached $15.55 billion.
The firm has a total of 161000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 45.96%, operating margin of 31.27%, and the pretax margin is 31.35%.
Apple Inc (AAPL) Insider Activity
A key investor’s attitude towards the stock of the Consumer Electronics industry is another important factor to consider. The insider ownership of Apple Inc is 0.17%, while institutional ownership is 62.69%. The most recent insider transaction that took place on Aug 15 ’24, was worth 1,958,850. In this transaction Principal Accounting Officer of this company sold 8,706 shares at a rate of $225.00, taking the stock ownership to the 15,419 shares. Before that another transaction happened on Aug 09 ’24, when Company’s Principal Accounting Officer sold 5,178 for $216.50, making the entire transaction worth $1,121,037. This insider now owns 24,125 shares in total.
Apple Inc (AAPL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 9.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.10% during the next five years compared to 15.55% growth over the previous five years of trading.
Apple Inc (NASDAQ: AAPL) Trading Performance Indicators
Check out the current performance indicators for Apple Inc (AAPL). In the past quarter, the stock posted a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.91. Likewise, its price to free cash flow for the trailing twelve months is 32.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.57, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 7.45 in one year’s time.
Technical Analysis of Apple Inc (AAPL)
Analysing the last 5-days average volume posted by the [Apple Inc, AAPL], we can find that recorded value of 43.51 million was lower than the volume posted last year of 62.94 million. As of the previous 9 days, the stock’s Stochastic %D was 96.75%. Additionally, its Average True Range was 5.54.
During the past 100 days, Apple Inc’s (AAPL) raw stochastic average was set at 84.50%, which indicates a significant decrease from 96.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.37% in the past 14 days, which was higher than the 26.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $218.25, while its 200-day Moving Average is $192.01. Now, the first resistance to watch is $226.91. This is followed by the second major resistance level at $227.92. The third major resistance level sits at $229.86. If the price goes on to break the first support level at $223.96, it is likely to go to the next support level at $222.02. Should the price break the second support level, the third support level stands at $221.01.
Apple Inc (NASDAQ: AAPL) Key Stats
There are currently 15,334,081K shares outstanding in the company with a market cap of 3434.45 billion. Presently, the company’s annual sales total 383,285 M according to its annual income of 96,995 M. Last quarter, the company’s sales amounted to 85,777 M and its income totaled 21,448 M.
