Apple Inc. [AAPL] Revenue clocked in at $386.02 billion, down -22.77% YTD: What’s Next?

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Apple Inc. [NASDAQ: AAPL] plunged by -$5.51 during the normal trading session on Friday and reaching a high of $140.76 during the day while it closed the day at $137.13. The company report on June 6, 2022 that Apple Provides Developers with Even More Powerful Technologies to Push the App Experience Forward.


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New APIs offer deeper platform integration and greater capabilities for third-party apps.

Apple® today unveiled new tools, technologies, and APIs designed to help developers create even richer experiences for their users. Widgets on the Lock Screen enable developers to surface key information from their apps in a new way, while other new APIs across Apple’s platforms help them build more unique features. WeatherKit gives developers the ability to integrate Apple Weather forecast data directly into their apps, and Xcode Cloud™ — Apple’s continuous integration and delivery service built into Xcode® — is now available to every Apple Developer Program member to help them create higher-quality apps, faster. Metal® 3 enables gaming developers to create breathtaking graphics with accelerated performance, and developing for Apple’s platforms is now even more intuitive with improvements to Swift®, SwiftUI®, and Xcode. And with improvements to SKAdNetwork, ad networks and developers can better measure how ads perform while still preserving user privacy.

Apple Inc. stock has also loss -5.67% of its value over the past 7 days. However, AAPL stock has declined by -11.37% in the 3 months of the year. Over the past six months meanwhile, it has lost -21.44% and lost -22.77% year-on date.

The market cap for AAPL stock reached $2308.65 billion, with 16.28 billion shares outstanding and 16.17 billion shares in the current float. Compared to the average trading volume of 95.70M shares, AAPL reached a trading volume of 91253369 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Apple Inc. [AAPL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AAPL shares is $188.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AAPL stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Loop Capital have made an estimate for Apple Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 25, 2022. While these analysts kept the previous recommendation, Rosenblatt raised their target price to Neutral. The new note on the price target was released on April 19, 2022, representing the official price target for Apple Inc. stock. Previously, the target price had yet another raise to $165, while New Street analysts kept a Neutral rating on AAPL stock. On January 28, 2022, analysts increased their price target for AAPL shares from 184 to 199.

The Average True Range (ATR) for Apple Inc. is set at 5.45, with the Price to Sales ratio for AAPL stock in the period of the last 12 months amounting to 5.98. The Price to Book ratio for the last quarter was 33.12, with the Price to Cash per share for the same quarter was set at 3.06. Price to Free Cash Flow for AAPL in the course of the last twelve months was 25.35 with Quick ratio for the last quarter at 0.90.

AAPL stock trade performance evaluation

Apple Inc. [AAPL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.67. With this latest performance, AAPL shares dropped by -6.40% in over the last four-week period, additionally sinking by -21.44% over the last 6 months – not to mention a rise of 7.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AAPL stock in for the last two-week period is set at 37.00, with the RSI for the last a single of trading hit 33.21, and the three-weeks RSI is set at 38.88 for Apple Inc. [AAPL]. The present Moving Average for the last 50 days of trading for this stock 155.92, while it was recorded at 144.52 for the last single week of trading, and 159.39 for the last 200 days.

Apple Inc. [AAPL]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Apple Inc. [AAPL] shares currently have an operating margin of +29.78 and a Gross Margin at +41.78. Apple Inc.’s Net Margin is presently recorded at +25.88.

Return on Total Capital for AAPL is now 56.27, given the latest momentum, and Return on Invested Capital for the company is 53.36. Return on Equity for this stock inclined to 147.44, with Return on Assets sitting at 28.06. When it comes to the capital structure of this company, Apple Inc. [AAPL] has a Total Debt to Total Equity ratio set at 216.39. Additionally, AAPL Total Debt to Total Capital is recorded at 68.39, with Total Debt to Total Assets ending up at 38.89. Long-Term Debt to Equity for the company is recorded at 189.22, with the Long-Term Debt to Total Capital now at 59.81.

Reflecting on the efficiency of the workforce at the company, Apple Inc. [AAPL] managed to generate an average of $614,805 per employee. Receivables Turnover for the company is 8.23 with a Total Asset Turnover recorded at a value of 1.08.Apple Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 0.90.

Earnings per share (EPS) analysis for Apple Inc. [AAPL] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AAPL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Apple Inc. go to 9.91%.

Apple Inc. [AAPL]: Insider Ownership positions

There are presently around $1,301,772 million, or 59.70% of AAPL stock, in the hands of institutional investors. The top three institutional holders of AAPL stocks are: VANGUARD GROUP INC with ownership of 1,269,995,750, which is approximately 0.693% of the company’s market cap and around 0.07% of the total institutional ownership; BLACKROCK INC., holding 1,027,632,887 shares of the stock with an approximate value of $140.92 billion in AAPL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $122.17 billion in AAPL stock with ownership of nearly 0.427% of the company’s market capitalization.

Positions in Apple Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,809 institutional holders increased their position in Apple Inc. [NASDAQ:AAPL] by around 238,255,332 shares. Additionally, 2,392 investors decreased positions by around 274,304,755 shares, while 270 investors held positions by with 8,980,419,168 shares. The mentioned changes placed institutional holdings at 9,492,979,255 shares, according to the latest SEC report filing. AAPL stock had 137 new institutional investments in for a total of 20,802,247 shares, while 101 institutional investors sold positions of 16,381,074 shares during the same period.

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