Shares of Large-cap technology company Apple moved -0.5 this evening, and are now trading at $192.53 per share. On the other hand, the average analyst target price for the stock is $179.28.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Potential Apple Investors Should Analyze the Following:
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Apple has moved 49.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 5.92. A number between 0 and 1 could mean that the market is undervaluing Apple's estimated growth potential
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Its Price to Book (P/B) ratio is 48.17
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Apple currently returns an annual dividend yield of 0.5%.
Understanding Apple's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 383,285,000 | 54,847,000 | 30 | 0.0 |
| 2022 | 394,328,000 | 51,345,000 | 30 | 0.0 |
| 2021 | 365,817,000 | 43,887,000 | 30 | 25.0 |
| 2020 | 274,515,000 | 38,668,000 | 24 | -4.0 |
| 2019 | 260,174,000 | 34,462,000 | 25 | -7.41 |
| 2018 | 265,595,000 | 30,941,000 | 27 |
Over the last 6 years, Apple's operating margins have averaged 27.7%, which is better than the 21.41% Computer Hardware industry average. We also note that the company's operating margins have a high coefficient of variability at 46.39%. The firm's margins exhibit a relatively stable growth trend of 1.7%.
