Shares of Large-cap technology company Apple moved 2.3 this afternoon, and are now trading at $193.97 per share. On the other hand, the average analyst target price for the stock is $188.47.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Potential Apple Investors Should Analyze the Following:
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Apple has moved 3702.3% over the last year.
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The company has a price to earnings growth (PEG) ratio of 3.98. A number between 0 and 1 could mean that the market is undervaluing Apple's estimated growth potential
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Its Price to Book (P/B) ratio is 49.07
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Apple currently returns an annual dividend yield of 0.5%.
Understanding Apple's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-09-30 | 394,328,000 | 51,345,000 | 30.29 | 1.71 |
| 2021-09-30 | 365,817,000 | 43,887,000 | 29.78 | 23.31 |
| 2020-09-30 | 274,515,000 | 38,668,000 | 24.15 | -1.71 |
| 2019-09-30 | 260,174,000 | 34,462,000 | 24.57 | n/a |
Apple's operating margins have averaged 27.2% over the last 4 years, which is significantly higher than the Computer Hardware industry average of 21.41%. In addition, the firm's margins benefit from a 5.4% yearly growth rate.
