Here Are the Facts You Need to Understand Apple (AAPL)

After moving 1.0% during today's afternoon session, Apple is now trading at a price of $174.1 per share. On average, analysts give it a target price of $199.56.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Potential Apple Investors Should Analyze the Following:

  • Apple has moved 19.0% over the last year.

  • The company has a price to earnings growth (PEG) ratio of 3.84. A number between 0 and 1 could mean that the market is undervaluing Apple's estimated growth potential

  • Its Price to Book (P/B) ratio is 45.2

  • 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 (%)
2022-10-28 394,328,000 -51,345,000 30 0.0
2021-10-29 365,817,000 -43,887,000 30 25.0
2020-10-30 274,515,000 -38,668,000 24 -4.0
2019-10-31 260,174,000 -34,462,000 25 -7.41
2018-11-05 265,595,000 -30,941,000 27 0.0
2017-11-03 229,234,000 -26,842,000 27

Apple's operating margins have averaged 27.2% over the last 6 years, which is significantly higher than the Computer Hardware industry average of 21.41%. The firm's margins exhibit a relatively stable growth trend of 1.9%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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