Currently, there are 15.12B common shares owned by the public and among those 15.02B shares have been available to trade.
The company’s stock has a 5-day price change of -2.40% and -5.55% over the past three months. AAPL shares are trading -11.04% year to date (YTD), with the 12-month market performance up to 14.14% higher. It has a 12-month low price of $164.07 and touched a high of $260.10 over the same period. AAPL has an average intraday trading volume of 47.46 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 -6.91%, -6.84%, and 2.15% respectively.
Institutional ownership of Apple Inc (NASDAQ: AAPL) shares accounts for 62.88% of the company’s 15.12B shares outstanding.
It has a market capitalization of $3350.14B and a beta (3y monthly) value of 1.18. The stock’s trailing 12-month PE ratio is 36.70, while the earnings-per-share (ttm) stands at $6.07. The company has a PEG of 2.61 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 1.99% over the week and 1.90% over the month.
Earnings per share for the fiscal year are expected to increase by 20.89%, and 11.88% over the next financial year. EPS should shrink at an annualized rate of 14.07% 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. BofA Securities stated their Buy rating for the stock in a research note on January 24, 2025, with the firm’s price target at $256-$253. Goldman coverage for the Apple Inc (AAPL) stock in a research note released on January 23, 2025 offered a Buy rating with a price target of $280. Loop Capital was of a view on January 21, 2025 that the stock is Hold, while Jefferies gave the stock Underperform rating on January 21, 2025, issuing a price target of $211.84- $200.75. MoffettNathanson on their part issued Sell rating on January 07, 2025.
