Large-cap technology company Apple has moved -0.9% this afternoon, reaching $170.45 per share. In contrast, the average analyst target price for the stock is $188.43.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company is based in the United States. Apple currently returns an annual dividend yield of 0.5%.
Make Sure to Consider the Following Before Buying Apple:
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Apple has moved 14.0% over the last year.
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AAPL has a forward P/E ratio of 27.4 based on its EPS guidance of 6.22.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 17.2%.
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The company has a price to earnings growth (PEG) ratio of 4.29.
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Its Price to Book (P/B) ratio is 44.25
Apple Has a Pattern of Improving Cash Flows
Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
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2022-10-28 | 122,151,000 | -10,708,000 | 132,859,000 | 15.41 |
2021-10-29 | 104,038,000 | -11,085,000 | 115,123,000 | 30.85 |
2020-10-30 | 80,674,000 | -7,309,000 | 87,983,000 | 10.14 |
2019-10-31 | 69,391,000 | -10,495,000 | 79,886,000 | -11.97 |
2018-11-05 | 77,434,000 | -13,313,000 | 90,747,000 | 18.35 |
2017-11-03 | 64,225,000 | -12,451,000 | 76,676,000 |
Apple's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $97.21 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.