In last trading session, Apple Inc (NASDAQ:AAPL) saw 82.55 million shares changing hands with its beta currently measuring 1.24. Company’s recent per share price level of $173.03 trading at $3.73 or 2.20% at ring of the bell on the day assigns it a market valuation of $2671.91B. That closing price of AAPL’s stock is at a discount of -15.37% from its 52-week high price of $199.62 and is indicating a premium of 5.18% from its 52-week low price of $164.07. Taking a look at company’s average trading volume volume of 61.72 million if we extend that period to 3-months.
Apple Inc (NASDAQ:AAPL) trade information
Upright in the green during last session for gaining 2.20%, in the last five days AAPL remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $173.03 price level, adding 1.7% to its value on the day. Apple Inc’s shares saw a change of -10.13% in year-to-date performance and have moved 1.85% in past 5-day. Apple Inc (NASDAQ:AAPL) showed a performance of 1.99% in past 30-days.
Apple Inc (AAPL) estimates and forecasts
Statistics highlight that Apple Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 1.32% of value to its shares in past 6 months, showing an annual growth rate of 6.53% while that of industry is 4.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 0.60% from the last financial year’s standing.
25 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 90.01B for the same. And 26 analysts are in estimates of company making revenue of 82.89B in the next quarter. Company posted 94.84B and 81.8B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.55% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 6.66% while estimates for its earnings growth in next 5 years are of 11.00%.
AAPL Dividends
Apple Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
