On Tuesday, Apple Inc (NASDAQ: AAPL) was 0.94% up from the session before settling in for the closing price of $232.87. A 52-week range for AAPL has been $164.07 – $237.49.
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A company in the Technology sector has jumped its sales by 9.18% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 21.48%. With a float of $15.10 billion, this company’s outstanding shares have now reached $15.12 billion.
In an organization with 164000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 62.60%. The most recent insider transaction that took place on Nov 18 ’24, was worth 17,149,500. In this transaction Director of this company sold 75,000 shares at a rate of $228.66, taking the stock ownership to the 4,209,576 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Director sold 75,000 for $224.68, making the entire transaction worth $16,851,000. This insider now owns 4,284,576 shares in total.
Apple Inc (AAPL) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 21.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% 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 9.09. Likewise, its price to free cash flow for the trailing twelve months is 32.66.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 50.28 million. That was inferior than the volume of 58.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.74%. Additionally, its Average True Range was 3.82.
During the past 100 days, Apple Inc’s (AAPL) raw stochastic average was set at 94.14%, which indicates a significant decrease from 96.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.98% in the past 14 days, which was lower than the 21.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $228.43, while its 200-day Moving Average is $205.31. However, in the short run, Apple Inc’s stock first resistance to watch stands at $235.98. Second resistance stands at $236.89. The third major resistance level sits at $238.22. If the price goes on to break the first support level at $233.74, it is likely to go to the next support level at $232.41. The third support level lies at $231.50 if the price breaches the second support level.
Apple Inc (NASDAQ: AAPL) Key Stats
There are 15,115,823K outstanding shares of the company, which has a market capitalization of 3553.13 billion. As of now, sales total 391,035 M while income totals 93,736 M. Its latest quarter income was 94,930 M while its last quarter net income were 14,736 M.
