A new trading day began on Friday, with Apple Inc (NASDAQ: AAPL) stock price down -2.41% from the previous day of trading, before settling in for the closing price of $242.70. AAPL’s price has ranged from $164.07 to $260.10 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 9.18%. Meanwhile, its annual earnings per share averaged 21.28%. With a float of $15.10 billion, this company’s outstanding shares have now reached $15.12 billion.
Let’s determine the extent of company efficiency that accounts for 164000 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Consumer Electronics Industry. The insider ownership of Apple Inc is 0.09%, while institutional ownership is 62.63%. The most recent insider transaction that took place on Dec 16 ’24, was worth 24,997,395. In this transaction COO of this company sold 100,000 shares at a rate of $249.97, taking the stock ownership to the 389,944 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Officer proposed sale 100,000 for $249.97, making the entire transaction worth $24,997,440.
Apple Inc (AAPL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 21.28% 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
Here are Apple Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.16. Likewise, its price to free cash flow for the trailing twelve months is 32.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.07, a number that is poised to hit 2.35 in the next quarter and is forecasted to reach 8.26 in one year’s time.
Technical Analysis of Apple Inc (AAPL)
Looking closely at Apple Inc (NASDAQ: AAPL), its last 5-days average volume was 45.1 million, which is a drop from its year-to-date volume of 46.87 million. As of the previous 9 days, the stock’s Stochastic %D was 13.80%. Additionally, its Average True Range was 4.61.
During the past 100 days, Apple Inc’s (AAPL) raw stochastic average was set at 49.65%, which indicates a significant increase from 14.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.18% in the past 14 days, which was higher than the 18.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $238.71, while its 200-day Moving Average is $215.46. However, in the short run, Apple Inc’s stock first resistance to watch stands at $240.34. Second resistance stands at $243.83. The third major resistance level sits at $247.50. If the price goes on to break the first support level at $233.18, it is likely to go to the next support level at $229.51. Should the price break the second support level, the third support level stands at $226.02.
Apple Inc (NASDAQ: AAPL) Key Stats
With a market capitalization of 3580.18 billion, the company has a total of 15,115,823K Shares Outstanding. Currently, annual sales are 391,035 M while annual income is 93,736 M. The company’s previous quarter sales were 94,930 M while its latest quarter income was 14,736 M.
