Apple Inc

Company Profile

Apple Inc had its IPO on 1980-12-12 under the ticker symbol AAPL.

The company operates in the Technology sector and Consumer Electronics industry. Apple Inc has a staff strength of 164,000 employees.

Stock update

Shares of Apple Inc opened at $181.03 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $179.26 - $181.78, and closed at $180.95.

This is a +0.48% increase from the previous day's closing price.

A total volume of 57,570,709 shares were traded at the close of the day’s session.

In the last one week, shares of Apple Inc have increased by +5.3%.

Apple Inc's Key Ratios

Apple Inc has a market cap of $2,398.60 billion, indicating a price to book ratio of 44.6301 and a price to sales ratio of 5.5067.

In the last 12-months Apple Inc’s revenue was $387.54 billion with a gross profit of $170.78 billion and an EBITDA of $125.29 billion. The EBITDA ratio measures Apple Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Apple Inc’s operating margin was 29.41% while its return on assets stood at 19.57% with a return of equity of 147.94%.

In Q4, Apple Inc’s quarterly earnings growth was a negative -10.5% while revenue growth was a negative 5.5%.

Apple Inc’s PE and PEG Ratio

Forward PE

23.0947

Trailing PE

25.7385

PEG

2.7503

Its diluted EPS in the last 12-months stands at $5.89 per share while it has a forward price to earnings multiple of 23.0947 and a PEG multiple of 2.7503. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Apple Inc’s profitability.

Apple Inc stock is trading at a EV to sales ratio of 5.9171 and a EV to EBITDA ratio of 17.5251. Its price to sales ratio in the trailing 12-months stood at 5.5067.

Apple Inc stock pays annual dividends of $0.91 per share, indicating a yield of 0.6% and a payout ratio of 15.62%.

Balance sheet and cash flow metrics

Total Assets

$346.75 billion

Total Liabilities

$137.29 billion

Operating Cash Flow

$-1445000000.00

Capital Expenditure

$3.79 billion

Dividend Payout Ratio

15.62%

Apple Inc ended 2023 with $346.75 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $346.75 billion while shareholder equity stood at $56.73 billion.

Apple Inc ended 2023 with $0 in deferred long-term liabilities, $137.29 billion in other current liabilities, 66399000000.00 in common stock, $3.24 billion in retained earnings and $0 in goodwill. Its cash balance stood at $20.54 billion and cash and short-term investments were $51.36 billion. The company’s total short-term debt was $11,483,000,000 while long-term debt stood at $99.63 billion.

Apple Inc’s total current assets stands at $128.78 billion while long-term investments were $114.10 billion and short-term investments were $30.82 billion. Its net receivables were $54.18 billion compared to accounts payable of $57.92 billion and inventory worth $6.82 billion.

In 2023, Apple Inc's operating cash flow was $-1445000000.00 while its capital expenditure stood at $3.79 billion.

Comparatively, Apple Inc paid $0.16 in dividends in 2023.

Other key metrics

Current Trading Price

$180.95

52-Week High

$178.5285

52-Week Low

$123.9807

Analyst Target Price

$168.21

Apple Inc stock is currently trading at $180.95 per share. It touched a 52-week high of $178.5285 and a 52-week low of $178.5285. Analysts tracking the stock have a 12-month average target price of $168.21.

Its 50-day moving average was $168.19 and 200-day moving average was $152.07 The short ratio stood at 1.42 indicating a short percent outstanding of 0%.

Around 7.4% of the company’s stock are held by insiders while 6132.3% are held by institutions.