Now Is A Suitable Moment For A Long-Term Purchase Of Apple Inc (NASDAQ: AAPL)

Currently, there are 15.20B common shares owned by the public and among those 15.19B shares have been available to trade.

The company’s stock has a 5-day price change of -3.67% and 6.52% over the past three months. AAPL shares are trading 15.78% year to date (YTD), with the 12-month market performance up to 28.13% higher. It has a 12-month low price of $164.07 and touched a high of $237.49 over the same period. AAPL has an average intraday trading volume of 50.55 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.27%, -1.86%, and 10.27% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Apple Inc (NASDAQ: AAPL) shares accounts for 62.63% of the company’s 15.20B shares outstanding.

It has a market capitalization of $3344.15B and a beta (3y monthly) value of 1.24. The stock’s trailing 12-month PE ratio is 36.72, while the earnings-per-share (ttm) stands at $6.07. The company has a PEG of 3.50 and a Quick Ratio of 0.83 with the debt-to-equity ratio at 2.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.56% over the week and 1.54% over the month.

Earnings per share for the fiscal year are expected to increase by 21.31%, and 12.14% over the next financial year. EPS should shrink at an annualized rate of 10.50% over the next five years, compared to 15.41% over the past 5-year period.

Looking at the support for the AAPL, a number of firms have released research notes about the stock. Maxim Group stated their Hold rating for the stock in a research note on November 01, 2024, with the firm’s price target at $203-$215. KeyBanc Capital Markets coverage for the Apple Inc (AAPL) stock in a research note released on October 25, 2024 offered a Underweight rating with a price target of $200. Jefferies was of a view on October 07, 2024 that the stock is Hold, while MoffettNathanson gave the stock Neutral rating on August 19, 2024, issuing a price target of $211. Monness Crespi & Hardt on their part issued Buy rating on August 02, 2024.

Most Popular

Related Posts