Apple Inc Stock Analysis
AAPL Stock | USD 173.72 1.10 0.64% |
Apple Inc is undervalued with Real Value of 183.05 and Target Price of 187.73. The main objective of Apple stock analysis is to determine its intrinsic value, which is an estimate of what Apple Inc is worth, separate from its market price. There are two main types of Apple's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Apple's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Apple's stock to identify patterns and trends that may indicate its future price movements.
The Apple stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Apple is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Apple Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Apple's ongoing operational relationships across important fundamental and technical indicators.
Apple |
Apple Stock Analysis Notes
About 57.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.12. Apple Inc recorded earning per share (EPS) of 6.44. The entity last dividend was issued on the 9th of February 2024. The firm had 4:1 split on the 31st of August 2020. Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California. Apple operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 164000 people. For more info on Apple Inc please contact Tim Cook at 408 996 1010 or go to https://www.apple.com.Apple Quarterly Total Revenue |
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Apple Inc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Apple's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Apple Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Apple Inc generated a negative expected return over the last 90 days | |
The company currently holds 111.09 B in liabilities with Debt to Equity (D/E) ratio of 2.61, implying the company greatly relies on financing operations through barrowing. Apple Inc has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Apple until it has trouble settling it off, either with new capital or with free cash flow. So, Apple's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apple Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apple to invest in growth at high rates of return. When we think about Apple's use of debt, we should always consider it together with cash and equity. | |
About 57.0% of Apple shares are held by institutions such as insurance companies | |
On 15th of February 2024 Apple paid $ 0.24 per share dividend to its current shareholders | |
Latest headline from benzinga.com: Apple Is Sending Alphabet Stock Higher Monday Whats Going On |
Apple Inc Upcoming and Recent Events
Earnings reports are used by Apple to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Apple previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
2nd of May 2024 Upcoming Quarterly Report | View | |
1st of August 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
7th of November 2024 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
30th of September 2023 Last Financial Announcement | View |
Apple Largest EPS Surprises
Earnings surprises can significantly impact Apple's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2009-07-21 | 2009-06-30 | 0.0425 | 0.0475 | 0.005 | 11 | ||
2008-10-21 | 2008-09-30 | 0.04 | 0.045 | 0.005 | 12 | ||
2008-07-21 | 2008-06-30 | 0.0375 | 0.0425 | 0.005 | 13 |
Apple Thematic Classifications
In addition to having Apple stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Millennials BestFirms that are involved in making products or providing services to millennials | ||
Artificial IntelligenceFirms and funds that are developing tools for artificial intelligence | ||
Driverless CarsLarge and mid-sized firms, as well as ETFs that are involved in or betting on the self-driving cars market | ||
Dividend BeastSolid, dividend-paying stocks and ETFs | ||
Investor FavoritesEquities most commonly found in portfolios of money managers | ||
Warren Buffett HoldingsEquities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks | ||
Disruptive TechnologiesFirms and ETFs that are involved or betting on industries or trends that are projected to experience exponential growth | ||
Corona OpportunityCoronavirus related entities to consider during and after the outbreak | ||
ESG InvestingCompanies that promote environmental, social, and governance factors during their day-to-day operations |
Apple Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Apple is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Apple Inc backward and forwards among themselves. Apple's institutional investor refers to the entity that pools money to purchase Apple's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Legal & General Group Plc | 2023-12-31 | 138.5 M | Jpmorgan Chase & Co | 2023-12-31 | 137.5 M | Bank Of New York Mellon Corp | 2023-12-31 | 118.8 M | Bank Of America Corp | 2023-12-31 | 112 M | Charles Schwab Investment Management Inc | 2023-12-31 | 85 M | Nuveen Asset Management, Llc | 2023-12-31 | 80 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 75.1 M | Royal Bank Of Canada | 2023-12-31 | 62.7 M | Wellington Management Company Llp | 2023-12-31 | 60.7 M | Vanguard Group Inc | 2023-12-31 | 1.3 B | Blackrock Inc | 2023-12-31 | 1 B |
Apple Market Capitalization
The company currently falls under 'Mega-Cap' category with a current market capitalization of 2.67 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Apple's market, we take the total number of its shares issued and multiply it by Apple's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Apple Profitablity
Apple's profitability indicators refer to fundamental financial ratios that showcase Apple's ability to generate income relative to its revenue or operating costs. If, let's say, Apple is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Apple's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Apple's profitability requires more research than a typical breakdown of Apple's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.26 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.34 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.34. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.50 | 0.52 | |
Return On Assets | 0.25 | 0.26 | |
Return On Equity | 1.40 | 1.47 |
Management Efficiency
Apple Inc has return on total asset (ROA) of 0.2118 % which means that it generated a profit of $0.2118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.5427 %, meaning that it created $1.5427 on every $100 dollars invested by stockholders. Apple's management efficiency ratios could be used to measure how well Apple manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.52 this year. Return On Assets is expected to rise to 0.26 this year. At this time, Apple's Other Assets are quite stable compared to the past year. Net Tangible Assets is expected to rise to about 95.6 B this year, although the value of Intangible Assets will most likely fall to about 1.7 B.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 39.21 | 41.17 | |
Enterprise Value Multiple | 19.95 | 20.94 | |
Price Fair Value | 39.21 | 41.17 |
The analysis of Apple's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Apple's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Apple Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0056 | Forward Dividend Yield 0.0056 | Forward Dividend Rate 0.96 | Beta 1.289 |
Technical Drivers
As of the 19th of March, Apple shows the Standard Deviation of 1.13, mean deviation of 0.8209, and Risk Adjusted Performance of (0.09). Apple Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Apple Inc, which can be compared to its rivals. Please confirm Apple Inc variance and value at risk to decide if Apple Inc is priced correctly, providing market reflects its regular price of 173.72 per share. Given that Apple has information ratio of (0.27), we suggest you to validate Apple Inc's prevailing market performance to make sure the company can sustain itself at a future point.Apple Inc Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Apple middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Apple Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Apple Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Apple insiders, such as employees or executives, is commonly permitted as long as it does not rely on Apple's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Apple insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeff Williams over three months ago Payment of 177870 shares by Jeff Williams of Apple subject to Rule 16b-3 | ||
Jeff Williams over three months ago Sale by Jeff Williams of 69785 shares of Apple | ||
Jeff Williams over three months ago Exercise or conversion by Jeff Williams of 136268 shares of Apple subject to Rule 16b-3 |
Apple Outstanding Bonds
Apple issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Apple Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Apple bonds can be classified according to their maturity, which is the date when Apple Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
APPLE INC 345 Corp BondUS037833AS94 | View | |
APPLE INC 445 Corp BondUS037833AT77 | View | |
APPLE INC 385 Corp BondUS037833AL42 | View | |
APPLE INC 45 Corp BondUS037833BW97 | View | |
APPLE INC 245 Corp BondUS037833BZ29 | View | |
APPLE INC 465 Corp BondUS037833BX70 | View | |
APPLE INC 325 Corp BondUS037833BY53 | View | |
APPLE INC 32 Corp BondUS037833BG48 | View |
Apple Predictive Daily Indicators
Apple intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Apple stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Apple Corporate Filings
F3 | 1st of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 28th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 12th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
9th of February 2024 Other Reports | ViewVerify | |
5th of February 2024 Other Reports | ViewVerify | |
10Q | 2nd of February 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Apple Forecast Models
Apple's time-series forecasting models are one of many Apple's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Apple's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Apple Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Apple prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Apple shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Apple. By using and applying Apple Stock analysis, traders can create a robust methodology for identifying Apple entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.27 | 0.28 | |
Operating Profit Margin | 0.27 | 0.28 | |
Net Profit Margin | 0.23 | 0.24 | |
Gross Profit Margin | 0.51 | 0.41 |
Current Apple Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Apple analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Apple analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
187.73 | Buy | 45 | Odds |
Most Apple analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Apple stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Apple Inc, talking to its executives and customers, or listening to Apple conference calls.
Apple Stock Analysis Indicators
Apple Inc stock analysis indicators help investors evaluate how Apple stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Apple shares will generate the highest return on investment. By understating and applying Apple stock analysis, traders can identify Apple position entry and exit signals to maximize returns.
Begin Period Cash Flow | 25 B | |
Long Term Debt | 95.3 B | |
Common Stock Shares Outstanding | 15.8 B | |
Total Stockholder Equity | 62.1 B | |
Total Cashflows From Investing Activities | 3.7 B | |
Tax Provision | 16.7 B | |
Quarterly Earnings Growth Y O Y | 0.16 | |
Property Plant And Equipment Net | 43.7 B | |
Cash And Short Term Investments | 61.6 B | |
Cash | 30 B | |
Accounts Payable | 62.6 B | |
Net Debt | 81.1 B | |
50 Day M A | 183.2858 | |
Total Current Liabilities | 145.3 B | |
Other Operating Expenses | 269 B | |
Non Current Assets Total | 209 B | |
Forward Price Earnings | 26.455 | |
Non Currrent Assets Other | 64.8 B | |
Stock Based Compensation | 10.8 B |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apple Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Apple Stock analysis
When running Apple's price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.16 | Dividend Share 0.95 | Earnings Share 6.44 | Revenue Per Share 24.648 | Quarterly Revenue Growth 0.021 |
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.