Large-cap Technology company Apple has moved 0.1% so far today on a volume of 8,700,706, compared to its average of 57,963,352. In contrast, the S&P 500 index moved 0.0%.
Apple trades -6.39% away from its average analyst target price of $186.99 per share. The 37 analysts following the stock have set target prices ranging from $139.6 to $224.86, and on average have given Apple a rating of buy.
Anyone interested in buying AAPL should be aware of the facts below:
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Apple's current price is 747.2% above its Graham number of $20.66, which implies that at its current valuation it does not offer a margin of safety
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Apple has moved 17.0% over the last year, and the S&P 500 logged a change of 19.0%
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Based on its trailing earnings per share of 5.97, Apple has a trailing 12 month Price to Earnings (P/E) ratio of 29.3 while the S&P 500 average is 15.97
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AAPL has a forward P/E ratio of 28.4 based on its forward 12 month price to earnings (EPS) of $6.17 per share
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The company has a price to earnings growth (PEG) ratio of 4.43 — a number near or below 1 signifying that Apple is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 45.44 compared to its sector average of 6.23
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Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
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Based in Cupertino, the company has 164,000 full time employees and a market cap of $2.74 Trillion. Apple currently returns an annual dividend yield of 0.5%.
