Apple Investors Should Focus on This

Apple, a large-cap Computer Hardware stock, moved -0.5% Friday. Here are some facts about the company that we're keeping an eye on:

  • Apple has logged a 28.0% 52 week change, compared to 16.0% for the S&P 500

  • AAPL has an average analyst rating of buy and is -5.9% away from its mean target price of $187.73 per share

  • Its trailing earnings per share (EPS) is $6.13, which brings its trailing Price to Earnings (P/E) ratio to 28.8. The Technology sector's average P/E ratio is 27.16

  • The company's forward earnings per share (EPS) is $6.19 and its forward P/E ratio is 28.5

  • The company has a Price to Book (P/B) ratio of 44.2 in contrast to the Technology sector's average P/B ratio is 6.23

  • AAPL has reported YOY quarterly earnings growth of 13.5% and gross profit margins of 0.4%

  • The company's free cash flow for the last fiscal year was $100.99 Billion and the average free cash flow growth rate is 7.9%

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.

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