Apple moved -1.5% this evening session, trading between a high of $175.42 and a low of $172.6401 per share. Yesterday the stock finished at $175.46 per share, compared to an average analyst target price of $199.06.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The large-cap computer manufacturing company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.5%. Apple has trailing twelve months earnings per share (EPS) of 5.96, which at today's prices amounts to a price to earnings (P/E) ratio of 29.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 3.91. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
Apple's 39.5% average gross margins are thinner than the 36.39% average of the Computer Hardware industry, implying that the firm might be lacking in competitivity.