Apple Investors Should Focus on This

By Scott Lee • Tuesday, December 12 11:15 • Permanent Link

Join us for a quick overview of Apple, a Computer Hardware company whose shares moved 0.0% today. Here are some facts about the stock that should help you see the bigger picture:

Apple has moved 32.8% over the last year, and the S&P 500 logged a change of 15.0%
AAPL has an average analyst rating of buy and is -2.64% away from its mean target price of $198.52 per share
Its trailing earnings per share (EPS) is $6.12
Apple has a trailing 12 month Price to Earnings (P/E) ratio of 31.6 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $7.15 and its forward P/E ratio is 27.0
The company has a Price to Book (P/B) ratio of 48.36 in contrast to the S&P 500's average ratio of 2.95
Apple is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92
AAPL has reported YOY quarterly earnings growth of 13.5% and gross profit margins of 0.4%
The company has a free cash flow of $82.18 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

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.