In the last trading session, 38.43 million shares of the Apple Inc (NASDAQ:AAPL) were traded, and its beta was 1.21. Most recently the company’s share price was $195.64, and it changed around -$2.78 or -1.40% from the last close, which brings the market valuation of the company to $2922.05B. AAPL currently trades at a discount to its 52-week high of $260.10, offering almost -32.95% off that amount. The share price’s 52-week low was $169.21, which indicates that the current value has risen by an impressive 13.51% since then. We note from Apple Inc’s average daily trading volume that its 10-day average is 51.1 million shares, with the 3-month average coming to 60.95 million.
Apple Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.08. If we narrow it down even further, the data shows that 2 out of 47 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 17 recommended AAPL as a Hold, whereas 20 deemed it a Buy, and 1 rated it as Underweight.
Apple Inc (NASDAQ:AAPL) trade information
Instantly AAPL has showed a red trend with a performance of -1.40% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 204.50 on recent trading dayincreased the stock’s daily price by 4.33%. The company’s shares are currently down -21.88% year-to-date, but still down -3.47% over the last five days. On the other hand, Apple Inc (NASDAQ:AAPL) is -7.39% down in the 30-day period. We can see from the shorts that 94.83 million shares have been sold at a short interest cover period of 1.67 day(s).
The consensus price target as assigned by Wall Street analysts is $251, which translates to bulls needing to increase their stock price by 22.06% from its current value. Analyst projections state that AAPL is forecast to be at a low of $188 and a high of $294.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15.41%. Apple Inc earnings are expected to increase by 6.27% in 2025, but the outlook is positive 8.03% per year for the next five years.
AAPL Dividends
Apple Inc’s next quarterly earnings report is expected to be released on 2025-Apr-30. The annual dividend yield of the stock is 0.52 percent and its annual dividend per share was 1.01. It is important to note, however, that the 0.52% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 0.56 per year.
Apple Inc (NASDAQ:AAPL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.08% of Apple Inc shares, and 62.89% of them are in the hands of institutional investors. The stock currently has a share float of 64.23%. Apple Inc stock is held by 7018.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.6486% of the shares, which is about 1.32 billion shares worth $279.07 billion.
BLACKROCK INC., with 6.8552% or 1.05 billion shares worth $221.2 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
