What Should You Know About Apple Before Investing?

Shares of Technology sector company Apple moved 0.4% today, and are now trading at a price of $171.49. The large-cap stock's daily volume was 9,084,247 compared to its average volume of 59,336,135. The S&P 500 index returned a 1.0% performance.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company is based in Cupertino and has 164,000 full time employees. Its market capitalization is $2,681,108,955,136. Apple currently offers its equity investors a dividend that yields 0.5% per year.

37 analysts are following Apple and have set target prices ranging from $140.52 to $226.34 per share. On average, they have given the company a rating of buy. At today's prices, AAPL is trading -8.65% away from its average analyst target price of $187.73 per share.

Over the last year, AAPL's share price has increased by 19.0%, which represents a difference of 6.0% when compared to the S&P 500. The stock's 52 week high is $198.23 per share whereas its 52 week low is $124.17. With average free cash flows of $83.63 Billion that have been growing at an average rate of 7.9% over the last 6 years, Apple is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 113,072,000 12,085,000 100,987,000 -9.38
2022 122,151,000 10,708,000 111,443,000 19.89
2021 104,038,000 11,085,000 92,953,000 26.7
2020 80,674,000 7,309,000 73,365,000 24.57
2019 69,391,000 10,495,000 58,896,000 -8.15
2018 77,434,000 13,313,000 64,121,000
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.