On Friday, Apple Inc (NASDAQ: AAPL) was -1.33% drop from the session before settling in for the closing price of $225.91. A 52-week range for AAPL has been $164.07 – $237.49.
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Technology Sector giant saw their annual sales surged by 9.18% over the last five years. When this article was written, the company’s average yearly earnings per share was at 21.31%. With a float of $15.19 billion, this company’s outstanding shares have now reached $15.20 billion.
The firm has a total of 164000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.21%, operating margin of 31.51%, and the pretax margin is 31.58%.
Apple Inc (AAPL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Apple Inc stocks. The insider ownership of Apple Inc is 0.09%, while institutional ownership is 62.63%. The most recent insider transaction that took place on Oct 04 ’24, was worth 13,433,769. In this transaction Senior Vice President, CFO of this company sold 59,305 shares at a rate of $226.52, taking the stock ownership to the 107,788 shares. Before that another transaction happened on Oct 04 ’24, when Company’s Officer proposed sale 59,305 for $225.67, making the entire transaction worth $13,383,359.
Apple Inc (AAPL) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 2.18 earnings per share (EPS) during the time that was better than consensus figure (set at 2.1) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.50% during the next five years compared to 15.41% growth over the previous five years of trading.
Apple Inc (NASDAQ: AAPL) Trading Performance Indicators
You can see what Apple Inc (AAPL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.55. Likewise, its price to free cash flow for the trailing twelve months is 30.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.07, a number that is poised to hit 2.36 in the next quarter and is forecasted to reach 8.27 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 49.64 million was lower than the volume posted last year of 59.4 million. As of the previous 9 days, the stock’s Stochastic %D was 15.67%. Additionally, its Average True Range was 4.22.
During the past 100 days, Apple Inc’s (AAPL) raw stochastic average was set at 64.86%, which indicates a significant increase from 15.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.99% in the past 14 days, which was lower than the 22.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $227.13, while its 200-day Moving Average is $202.15. Now, the first resistance to watch is $225.42. This is followed by the second major resistance level at $227.92. The third major resistance level sits at $230.50. If the price goes on to break the first support level at $220.34, it is likely to go to the next support level at $217.76. Should the price break the second support level, the third support level stands at $215.26.
Apple Inc (NASDAQ: AAPL) Key Stats
There are 15,204,137K outstanding shares of the company, which has a market capitalization of 3344.15 billion. As of now, sales total 383,285 M while income totals 96,995 M. Its latest quarter income was 85,777 M while its last quarter net income were 21,448 M.
