Apple logged a 1.5% change during today's evening session, and is now trading at a price of $177.49 per share. On average, analysts give it a target price of $199.56.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The large-cap company is based in the United States. Apple currently returns an annual dividend yield of 0.5%.
What to Consider if You Are Thinking of Buying Apple:
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Apple has moved 27.0% over the last year.
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AAPL has a forward P/E ratio of 26.9 based on its EPS guidance of 6.59.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 17.2%.
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The company has a price to earnings growth (PEG) ratio of 3.89.
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Its Price to Book (P/B) ratio is 46.08
Apple Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 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.
