Apple logged a 1.0% change during today's afternoon session, and is now trading at a price of $195.65 per share. On average, analysts give it a target price of $190.14.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The large-cap company is based in the United States. Apple currently returns an annual dividend yield of 0.5%.
What to Consider if You Are Thinking of Buying Apple:
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AAPL has a forward P/E ratio of 29.7 based on its EPS guidance of 6.58.
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Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of 18.8%.
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The company has a price to earnings growth (PEG) ratio of 4.07.
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Its Price to Book (P/B) ratio is 49.49
Apple Has a Pattern of Improving Cash Flows
Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
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2022-09-30 | 122,151,000 | -10,708,000 | 111,443,000 | 19.89 |
2021-09-30 | 104,038,000 | -11,085,000 | 92,953,000 | 26.7 |
2020-09-30 | 80,674,000 | -7,309,000 | 73,365,000 | 24.57 |
2019-09-30 | 69,391,000 | -10,495,000 | 58,896,000 | n/a |
Apple's free cash flow history is impressive because it displays year-on-year increases over the last 4 years. Averaging out at $84.16 Billion, and following a compounded average growth rate of 17.3%, investors who focus on cash flow growth should do further research on this firm.