Apple Inc [NASDAQ: AAPL] gained 0.69% on the last trading session, reaching $219.86 price per share at the time.
If compared to the average trading volume of 67.08M shares, AAPL reached a trading volume of 97876545 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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
Here is what top equities market gurus are saying 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 $235.99 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 1.88. 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.
Monness Crespi & Hardt have made an estimate for Apple Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 02, 2024. While these analysts kept the previous recommendation, Maxim Group raised their target price from $195 to $203. The new note on the price target was released on August 02, 2024, representing the official price target for Apple Inc stock. Previously, the target price had yet another raise from $220 to $250, while TD Cowen kept a Buy rating on AAPL stock. On July 24, 2024, analysts increased their price target for AAPL shares from 245 to 265.
The Average True Range (ATR) for Apple Inc is set at 5.42, with the Price to Sales ratio for AAPL stock in the period of the last 12 months amounting to 8.74. The Price to Book ratio for the last quarter was 50.17, with the Price to Cash per share for the same quarter was set at 4.03. Price to Free Cash Flow for AAPL in the course of the last twelve months was 32.31 with Quick ratio for the last quarter at 0.91.
Trading performance analysis for AAPL stock
Apple Inc [AAPL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.87. With this latest performance, AAPL shares dropped by -0.76% in over the last four-week period, additionally plugging by 17.66% over the last 6 months – not to mention a rise of 14.17% 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 50.79, with the RSI for the last a single of trading hit 46.80, and the three-weeks RSI is set at 54.15 for Apple Inc [AAPL]. The present Moving Average for the last 50 days of trading for this stock 212.60, while it was recorded at 219.47 for the last single week of trading, and 189.52 for the last 200 days.
Apple Inc [AAPL]: A deeper dive into fundamental analysis
Apple Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 0.95.
Apple Inc [AAPL]: An earnings per share (EPS) analysis
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 11.10%.
An analysis of Institutional ownership at Apple Inc [AAPL]
There are presently around $2.33 trillion, or None% of AAPL stock, in the hands of institutional investors. The top three institutional holders of AAPL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in AAPL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in AAPL stock with ownership which is approximately 5.1238%.
