Reviewing The Case For Apple Inc (AAPL) Going Higher

Currently, there are 15.12B common shares owned by the public and among those 15.10B shares have been available to trade.

The company’s stock has a 5-day price change of 2.16% and 1.18% over the past three months. AAPL shares are trading 19.39% year to date (YTD), with the 12-month market performance up to 20.16% 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 47.85 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 1.28%, 0.94%, and 12.21% 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 62.61% of the company’s 15.12B shares outstanding.

It has a market capitalization of $3495.20B and a beta (3y monthly) value of 1.23. The stock’s trailing 12-month PE ratio is 37.87, while the earnings-per-share (ttm) stands at $6.07. The company has a PEG of 4.73 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 1.70% over the week and 1.56% over the month.

Earnings per share for the fiscal year are expected to increase by 21.50%, and 12.02% over the next financial year. EPS should shrink at an annualized rate of 8.00% 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. MoffettNathanson stated their Neutral rating for the stock in a research note on November 19, 2024, with the firm’s price target at $211-$202. Loop Capital coverage for the Apple Inc (AAPL) stock in a research note released on November 04, 2024 offered a Buy rating with a price target of $275. Maxim Group was of a view on November 01, 2024 that the stock is Hold, while KeyBanc Capital Markets gave the stock Underweight rating on October 25, 2024, issuing a price target of $200. Jefferies on their part issued Hold rating on October 07, 2024.

Most Popular

Related Posts