After moving 0.8% during today's evening session, Apple is now trading at a price of $179.8 per share. On average, analysts give it a target price of $199.56.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Potential Apple Investors Should Analyze the Following:
-
Apple has moved 31.0% over the last year.
-
The company has a price to earnings growth (PEG) ratio of 3.97. A number between 0 and 1 could mean that the market is undervaluing Apple's estimated growth potential
-
Its Price to Book (P/B) ratio is 46.68
-
Apple currently returns an annual dividend yield of 0.5%.
Understanding Apple's Operating Margins
| Date Reported | Total Revenue ($ 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%.
