Apple Inc (NASDAQ:AAPL) has a beta value of 51.40% and has seen 60.85 shares traded in the last trading session. The company, currently valued at $3002.10B, closed the last trade at $196.58 per share which meant it lost -$31.68 on the day or 201.00% during that session. The AAPL stock price is -32.31% off its 52-week high price of $260.10 and 13.92% above the 52-week low of $169.21. If we look at the company’s 10-day average daily trading volume, we find that it stood at 55.37 million shares traded. The 3-month trading volume is 1.57 shares.
The consensus among analysts is that Apple Inc (AAPL) is Buy stock at the moment, with a recommendation rating of 49.62. 2 analysts rate the stock as a Sell, while 1 rate it as Overweight. 8 out of 38 have rated it as a Hold, with 27 advising it as a Buy. 0 have rated the stock as Underweight.
Apple Inc (NASDAQ:AAPL) trade information
Sporting 201.00% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AAPL stock price touched $196.58 or saw a rise of 2.54%. Year-to-date, Apple Inc shares have moved -7.23%, while the 5-day performance has seen it change 0.90%. Over the past 30 days, the shares of Apple Inc (NASDAQ:AAPL) have changed -2.83%. Short interest in the company has seen 94.83 million shares shorted with days to cover at 1.67.
Wall Street analysts have a consensus price target for the stock at $250, which means that the shares’ value could jump 21.37% from current levels. The projected low price target is $188.0 while the price target rests at a high of $294.0. In that case, then, we find that the current price level is -49.56% off the targeted high while a plunge would see the stock lose 4.36% from current levels.
Apple Inc (AAPL) estimates and forecasts
The company’s shares have lost -19.93% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 2.71% 15.41% over the past 5 years. Earnings growth for 2025 is a modest 6.27% while over the next 5 years, the company’s earnings are expected to increase by 7.76%.
AAPL Dividends
Apple Inc is expected to release its next earnings report on 2025-May-01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.03 at a share yield of 0.51%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.56%.
Apple Inc (NASDAQ:AAPL)’s Major holders
Insiders own 2.08% of the company shares, while shares held by institutions stand at 62.89% with a share float percentage of 64.23%. Investors are also buoyed by the number of investors in a company, with Apple Inc having a total of 7018.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 1.32 billion shares worth more than $279.07 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.6486% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 1.05 billion shares as of 2024-06-30. The firm’s total holdings are worth over $221.2 billion and represent 6.8552% of shares outstanding.
