Apple Inc [NASDAQ: AAPL] closed the trading session at $248.13.
The stocks have a year to date performance of 28.88 percent and weekly performance of 2.18 percent. The stock has been moved at 16.77 percent over the last six months. The stock has performed 10.22 percent around the most recent 30 days and changed 14.71 percent over the most recent 3-months.
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If compared to the average trading volume of 47.54M shares, AAPL reached to a volume of 32100565 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 $247.12 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 2.00. 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.
UBS have made an estimate for Apple Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 02, 2024. While these analysts kept the previous recommendation, MoffettNathanson dropped their target price from $211 to $202. The new note on the price target was released on November 19, 2024, representing the official price target for Apple Inc stock. Previously, the target price had yet another drop from $300 to $275, while Loop Capital kept a Buy rating on AAPL stock. On November 01, 2024, analysts increased their price target for AAPL shares from 203 to 215.
The Average True Range (ATR) for Apple Inc is set at 3.56, with the Price to Sales ratio for AAPL stock in the period of the last 12 months amounting to 9.60. The Price to Book ratio for the last quarter was 65.86, with the Price to Cash per share for the same quarter was set at 4.31. Price to Free Cash Flow for AAPL in the course of the last twelve months was 34.49 with Quick ratio for the last quarter at 0.83.
AAPL stock trade performance evaluation
Apple Inc [AAPL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.18. With this latest performance, AAPL shares gained by 10.22% in over the last four-week period, additionally plugging by 16.77% over the last 6 months – not to mention a rise of 25.34% 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 75.52, with the RSI for the last a single of trading hit 81.61, and the three-weeks RSI is set at 70.08 for Apple Inc [AAPL]. The present Moving Average for the last 50 days of trading for this stock 232.34, while it was recorded at 247.42 for the last single week of trading, and 208.95 for the last 200 days.
Apple Inc [AAPL]: An insightful look at the core fundamentals
Apple Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.83 and a Current Ratio set at 0.87.
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 8.00%.
Apple Inc [AAPL]: Institutional Ownership
There are presently around $61.91%, or 63.21%% 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 8.6004%. BLACKROCK INC., holding 1.05 billion shares of the stock with an approximate value of $$221.2 billion in AAPL stocks shares; and BLACKROCK INC., currently with $$111.22 billion in AAPL stock with ownership which is approximately 3.4278%.