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Apple (AAPL)
NASDAQ:AAPL
Holding AAPL?
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AAPL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$164.08 - $237.23
Previous Close$216.79
Volume59.89M
Average Volume (3M)55.90M
Market Cap
$3.30T
Enterprise Value$3.34T
Total Cash (Recent Filing)$61.80B
Total Debt (Recent Filing)$101.30B
Price to Earnings (P/E)32.9
Beta1.16
Next Earnings
Oct 24, 2024EPS Estimate
$1.6Last Dividend Ex-Date
Aug 12, 2024Dividend Yield0.45%
Share Statistics
EPS (TTM)6.57
Shares Outstanding15,204,137,000
10 Day Avg. Volume47,023,254
30 Day Avg. Volume55,903,107
Standard Deviation0.08
R-Squared0.58
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)49.38
Price to Sales (P/S)8.53
Price to Cash Flow (P/CF)29.30
P/FCF Ratio31.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.65
Enterprise Value/Gross Profit19.72
Enterprise Value/Ebitda24.39
Forecast
1Y Price Target
$249.83Price Target Upside13.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering33
Apple News
Bulls Say, Bears Say
Bulls Say
Carrier IncentivesCarrier incentives allow iPhones to be more affordable as they bundle iPhone financing with telecom services under one monthly payment and spread out the cost of iPhone over 24/36 months.
Product DemandThe delivery time is the longest for Pro Max models, followed by Pro, showing continued trend of premiumization.
Technological InnovationApple continues to innovate with industry-leading products supported by a powerful digital grid and is now embarking on a journey into gen AI with Apple Intelligence.
Bears Say
Consumer DemandEarly pre-order data from China points to a softer start to the IP16 cycle, with a negative mix shift due to weakening consumer spend, macro pressure and competition.
Market CompetitionFoldable smartphones are starting to gain traction and Apple's historic approach of being best, not first, could result in near-term market share losses, including in China.
Sales StrategyAAPL had to rely on large price discounts (c.20%) to spur sales.
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Ownership Overview
0.11% Insiders
16.92% Mutual Funds
31.83% Other Institutional Investors
51.13% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
The estimated number of people who visited one or more of the websites owned by Apple
Desktop Users
Mobile Users
AAPL FAQ
What was Apple’s price range in the past 12 months?
Apple lowest stock price was $164.07 and its highest was $237.23 in the past 12 months.
What is Apple’s market cap?
Currently, no data Available
When is Apple’s upcoming earnings report date?
Apple’s upcoming earnings report date is Oct 24, 2024 which is in 35 days.
How were Apple’s earnings last quarter?
Apple released its earnings results on Aug 01, 2024. The company reported $1.4 earnings per share for the quarter, beating the consensus estimate of $1.345 by $0.055.
Is Apple overvalued?
According to Wall Street analysts Apple’s price is currently Undervalued.
Does Apple pay dividends?
Apple pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 0.45%. See more information on Apple dividends here
What is Apple’s EPS estimate?
Apple’s EPS estimate is $1.6.
How many shares outstanding does Apple have?
Apple has 15,204,137,000 shares outstanding.
What happened to Apple’s price movement after its last earnings report?
Apple reported an EPS of $1.4 in its last earnings report, beating expectations of $1.345. Following the earnings report the stock price went up 0.683%.
Which hedge fund is a major shareholder of Apple?
Among the largest hedge funds holding Apple’s share is Berkshire Hathaway Inc. It holds Apple’s shares valued at 84B.
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Apple Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$249.83 (13.20% Upside)
$249.83 (13.20% Upside)
Blogger Sentiment
Bullish
AAPL Sentiment 72%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 386.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $22.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Bearish
Bullish news 40%
Bearish news 60%
Bearish news 60%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.50%
12-Months-Change
Fundamentals
Return on Equity
160.58%
Trailing 12-Months
Asset Growth
-1.02%
Trailing 12-Months
Company Description
Apple
Apple, Inc. designs, manufactures, and sells smartphones, personal computers, tablets, wearables and accessories. It also offers a range of related services. Its products include iPhone, Mac, iPad, Apple TV, Apple Watch, Beats products, HomePod and AirPods. The services segment is comprised of AppleCare, cloud services, digital content offerings like the App Store and other content services like Apple Arcade, Apple Music, Apple News+, Apple Fitness+ and Apple TV+, payment services such as Apple Card and Apple Pay as well as advertising and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA.
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AAPL Earnings Call
Q3 2024
0:00 / 0:00
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AAPL Net sales Breakdown
52.33% iPhone
22.23% Services
10.40% Wearables, Home and Accessories
7.66% Mac
7.38% iPad
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AAPL Stock 12 Month Forecast
Average Price Target
$249.83
▲(13.20% Upside)
Technical Analysis
Best Analysts Covering AAPL
1 Year
1 Year Success Rate
35/37 ratings generated profit
1 Year Average Return
+37.45%
reiterated a buy rating 2 days ago
Copying Michael Walkley's trades and holding each position for 1 Year would result in 94.59% of your transactions generating a profit, with an average return of +37.45% per trade.
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