Quick Look at Apple (AAPL)

Large-cap technology company Apple has moved -0.5% this afternoon, reaching $192.53 per share. In contrast, the average analyst target price for the stock is $179.94.

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company is based in the United States. Apple currently returns an annual dividend yield of 0.5%.

Make Sure to Consider the Following Before Buying Apple:

  • Apple has moved 53.9% over the last year.

  • AAPL has a forward P/E ratio of 29.8 based on its EPS guidance of 6.46.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 12.8%.

  • The company has a price to earnings growth (PEG) ratio of 5.88.

  • Its Price to Book (P/B) ratio is 48.17

Apple Has Irregular Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 110,543,000 10,959,000 99,584,000 -10.64
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 firm's free cash flows have a decent average of $83.39 Billion over the last 6 years. The compounded average growth rate over this period is 11.4%, with a year-on-year growth variability coefficient of 209.95%.

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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