In the latest trading session,, 12.75 million Apple Inc (NASDAQ:AAPL) shares changed hands as the company’s beta touched 1.22. With the company’s most recent per share price at $224.24 changing hands around $0.01 or 0.01% at last look, the market valuation stands at $3389.65B. AAPL’s current price is a discount, trading about -5.91% off its 52-week high of $237.49. The share price had its 52-week low at $164.07, which suggests the last value was 26.83% up since then. When we look at Apple Inc’s average trading volume, we note the 10-day average is 46.72 million shares, with the 3-month average coming to 47.59 million.

Analysts gave the Apple Inc (AAPL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.98. If we narrow down to specifics, the data shows that 2 out of 38 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 8 recommended AAPL as a Hold, 27 felt it is a Buy and 0 rated the stock as Underweight.

Apple Inc (NASDAQ:AAPL) trade information

Instantly AAPL is in green as seen in intraday trades today. With action 0.68%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.47%, with the 5-day performance at 0.68% in the green. However, in the 30-day time frame, Apple Inc (NASDAQ:AAPL) is -4.11% down. Looking at the short shares, we see there were 133.04 million shares sold at short interest cover period of 3.24 days.

The consensus price target for the stock as assigned by Wall Street analysts is 236, meaning bulls need an upside of 4.98% from its recent market value. According to analyst projections, AAPL’s forecast low is 140 with 300 as the target high. To hit the forecast high, the stock’s price needs a -33.79% plunge from its current level, while the stock would need to tank 37.57% for it to hit the projected low.

Apple Inc (AAPL) estimates and forecasts

Data shows that the Apple Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 18.20% over the past 6 months, a 10.07% in annual growth rate that is considerably lower than the industry average of 11.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 15.41%. The 2024 estimates are for Apple Inc earnings to increase by 21.47%, but the outlook for the next 5-year period is at 10.50% per year.

AAPL Dividends

Apple Inc is expected to release its next quarterly earnings report on 2025-Jan-30. The 0.44% annual yield figure for the share gives it an annual dividend of 0.99. It is important to note, however, that the 0.44% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 0.63 per year.

Apple Inc (NASDAQ:AAPL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.72% of Apple Inc shares while 61.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 63.35%. There are 61.63% institutions holding the Apple Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.6004% of the shares, roughly 1.32 billion AAPL shares worth $279.07 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.817% or 1.05 billion shares worth $221.2 billion as of 2024-06-30.