The stock of Apple Inc. (AAPL) has seen a 2.37% increase in the past week, with a 8.32% gain in the past month, and a 16.74% flourish in the past quarter. The volatility ratio for the week is 1.99%, and the volatility levels for the past 30 days are at 1.43% for AAPL. The simple moving average for the last 20 days is 2.99% for AAPL stock, with a simple moving average of 17.78% for the last 200 days.
Is It Worth Investing in Apple Inc. (NASDAQ: AAPL) Right Now?
The price-to-earnings ratio for Apple Inc. (NASDAQ: AAPL) is above average at 30.51x. The 36-month beta value for AAPL is also noteworthy at 1.29. There are mixed opinions on the stock, with 22 analysts rating it as a “buy,” 6 rating it as “overweight,” 12 rating it as “hold,” and 1 rating it as “sell.”
The average price estimated by analysts for AAPL is $182.95, which is $1.22 above than the current price. The public float for AAPL is 15.71B, and at present, short sellers hold a 0.70% of that float. The average trading volume of AAPL on June 06, 2023 was 59.20M shares.
AAPL) stock’s latest price update
The stock price of Apple Inc. (NASDAQ: AAPL) has plunged by -0.76 when compared to previous closing price of 180.95, but the company has seen a 2.37% gain in its stock price over the last five trading sessions. The Wall Street Journal reported 3 hours ago that Apple Releases Vision Pro Headset, First Major New Product in a Decade
Analysts’ Opinion of AAPL
Many brokerage firms have already submitted their reports for AAPL stocks, with Loop Capital repeating the rating for AAPL by listing it as a “Hold.” The predicted price for AAPL in the upcoming period, according to Loop Capital is $180 based on the research report published on May 22nd of the current year 2023.
AAPL Trading at 6.67% from the 50-Day Moving Average
After a stumble in the market that brought AAPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.21% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.99%, as shares surge +3.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.99% upper at present.
During the last 5 trading sessions, AAPL rose by +2.37%, which changed the moving average for the period of 200-days by +2.88% in comparison to the 20-day moving average, which settled at $174.67. In addition, Apple Inc. saw 38.21% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AAPL starting from KONDO CHRIS, who sale 4,092 shares at the price of $173.26 back on May 08. After this action, KONDO CHRIS now owns 33,946 shares of Apple Inc., valued at $708,980 using the latest closing price.
Maestri Luca, the Senior Vice President, CFO of Apple Inc., sale 69,996 shares at $165.25 during a trade that took place back on Apr 13, which means that Maestri Luca is holding 107,661 shares at $11,566,839 based on the most recent closing price.
Stock Fundamentals for AAPL
Current profitability levels for the company are sitting at:
- +30.29 for the present operating margin
- +43.31 for the gross margin
The net margin for Apple Inc. stands at +25.31. The total capital return value is set at 62.41, while invested capital returns managed to touch 58.22. Equity return is now at value 165.70, with 27.60 for asset returns.
Based on Apple Inc. (AAPL), the company’s capital structure generated 261.45 points at debt to equity in total, while total debt to capital is 72.33. Total debt to assets is 37.56, with long-term debt to equity ratio resting at 216.50. Finally, the long-term debt to capital ratio is 59.90.
When we switch over and look at the enterprise to sales, we see a ratio of 7.61, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 7.01 and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.88.
Conclusion
In summary, Apple Inc. (AAPL) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.