At the time of writing, Apple Inc [AAPL] stock is trading at $255.27, up 0.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AAPL shares have gain 1.68% over the last week, with a monthly amount glided 11.71%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Apple Inc [NASDAQ: AAPL] stock has seen the most recent analyst activity on December 02, 2024, when UBS reiterated its Neutral rating but kept the price target unchanged to $236 for it. Previously, MoffettNathanson reaffirmed its Neutral rating on November 19, 2024, and dropped its price target to $202. On November 04, 2024, Loop Capital reiterated its Buy rating and revised its price target to $275 on the stock. Maxim Group reiterated its Hold rating and increased its price target to $215 on November 01, 2024. KeyBanc Capital Markets downgraded its rating to a Underweight but $200 remained the price target by the analyst firm on October 25, 2024. Jefferies downgraded its rating to Hold for this stock on October 07, 2024, and upped its price target to $212.92. In a note dated August 19, 2024, MoffettNathanson initiated an Neutral rating and provided a target price of $211 on this stock.
For the past year, the stock price of Apple Inc fluctuated between $164.07 and $255.00. Currently, Wall Street analysts expect the stock to reach $251.24 within the next 12 months. Apple Inc [NASDAQ: AAPL] shares were valued at $255.27 at the most recent close of the market. An investor can expect a potential drop of -1.58% based on the average AAPL price forecast.
Analyzing the AAPL fundamentals
According to Apple Inc [NASDAQ:AAPL], the company’s sales were 391.04B for trailing twelve months, which represents an 6.07% jump. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.26, Equity is 1.38 and Total Capital is 0.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 253.93 points at the first support level, and at 252.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 256.13, and for the 2nd resistance point, it is at 256.99.
Ratios To Look Out For
It is important to note that Apple Inc [NASDAQ:AAPL] has a current ratio of 0.87. As well, the Quick Ratio is 0.83, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 10.05, the price to book ratio is 67.76 and price to earnings (TTM) ratio is 42.06.
Transactions by insiders
Recent insider trading involved WILLIAMS JEFFREY E, COO, that happened on Dec 16 ’24 when 100000.0 shares were sold. Officer, WILLIAMS JEFFREY E completed a deal on Dec 16 ’24 to buy 100000.0 shares. Meanwhile, Director LEVINSON ARTHUR D sold 75000.0 shares on Nov 18 ’24.
