Here's a Quick Look Into the Fundamentals of Apple (AAPL) Stock

Apple logged a 1.5% change during today's afternoon 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:

  • Apple has moved 27.0% over the last year.

  • AAPL has a forward P/E ratio of 26.9 based on its EPS guidance of 6.59.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 17.2%.

  • The company has a price to earnings growth (PEG) ratio of 3.89.

  • 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, investors who focus on cash flow growth should do further research on this firm.

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.