Apple Inc (NASDAQ:AAPL) has grabbed attention from the analysts, when it saw a value increase of 1.11% or 2.02 points in the last trading session to close at $183.73. A total of 23.58 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 34.6 Million shares, while its relative volume stands at 0.67. Apple Inc (NASDAQ:AAPL) has a market cap of $864.28 Billion and the number of outstanding shares have been calculated 4.7 Billion.
Shares of Apple Inc (NASDAQ:AAPL) currently have an Average Brokerage Recommendation of 1.96, number of Recs in ABR is 26 while industry rank of the company by ABR is out of 255. Out of the analyst recommendations 15 rate Apple Inc (NASDAQ:AAPL) stock a Buy, 6 rate the stock Outperform, 18 rate Hold, 0 rate Underperform and 0 recommend a Sell.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $180.05 on the stock, this valuation is based on 35 number of opinions. The most optimistic analyst sees the stock reaching $245 while the most conventional has $140 target price.
Apple Inc (NASDAQ:AAPL) as of recent trade, has shown weekly upbeat performance of 6.51% which was maintained at 7.51% in 1-month period. During the past three months the stock gain 8.95%, bringing six months performance to -17.92%. Yearly performance of the stock shows a bullish trend of 2.09% while year-to-date (YTD) performance reflected 16.48% positive outlook.
While taking a glance at financials, we can look at a number of key indicators. Apple Inc (NASDAQ:AAPL) has trailing twelve month Return on Assets of 16.3%, which is key indicator of how profitable a company is relative to its total assets. The company currently has a Return on Equity of 50.9% and a Return on Investment of 26.6%. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
While having a peek at profitability ratios Apple Inc (NASDAQ:AAPL) has trailing twelve month gross margin at 38.2%, its trailing twelve month operating margin stands at 26% whereas its trailing twelve month net profit margin spots at 22.7%.
However looking at valuation ratios the stock has 5 year expected PEG ratio of 1.18 whereas its trailing twelve month P/E ratio is 15.39. The company’s forward price to earnings ratio for next fiscal year is 14.41. Apple Inc (NASDAQ:AAPL)’s price to free cash flow for trailing twelve months is 17.99. Its beta value stands at 1.11.
The company’s quick ratio for most recent quarter is 1.3 along with current ratio for most recent quarter of 1.3. Total debt to equity ratio of the company for most recent quarter is 0.97 whereas long term debt to equity ratio for most recent quarter is 0.79.