Markets

A Technical Strategy for Apple Inc. (AAPL)

Key Statistics

Apple Inc. (AAPL) declined -1.72% and closed its last trading session at $153.39. Its opening price on the last trading day was $156.07. The company’s market cap is $810.8 Billion. The company has 5.2 Billion shares outstanding and 5.16 Billion shares were floated in market. The short ratio in the company’s stock is documented at 1.78 and the short float is around of 0.93%. Apple Inc. has been given an analysts’ mean target of 172.35.

52-week High/Low

Stock’s distance from 52 week High is -7% and the distance from 52 week Low is 47.38%.

Share Volume Analysis

A total of 37.27 Billion shares exchanged at hands and its average trading volume is standing at 26.99 Million shares. The relative volume of the stock is 1.38.

Stock Performance

Apple Inc. (AAPL) performance during the last one year upgraded 37.42 percent, while its year to date (YTD) performance showed a positive trend of 34.75 percent. The stock jumped 10.36 percent over the past six months. The stock’s quarterly performance indicates a positive momentum of 6.99 percent, whereas its last one month trend is pessimistic with -0.73 percent. Its weekly performance showed downward trend of -2.24 percent.

Profit Margins Analysis

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 20.9 percent, operating profit margin was 26.8 percent, while gross profit margin stands at 38.5 percent.

Key Ratios Review

Liquidity ratios help investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 1.3, current ratio was 1.4, LT Debt/Equity ratio was 0.68 and Total Debt/Equity ratio stands at 0.82, while Payout ratio is 0.265.

Return on Assets, Investment and Equity

Apple Inc. (AAPL) has a Return on Assets of 14 percent, Return on Investment of 20.6 percent and a Return on Equity of 35.4 percent.

Simple Moving Average

Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also helps in determining where it may be possibly heading. Now we look at the Moving Averages, the 200-day is 8.14%, the 50-day is -2.17% and the 20-day is -4.5%.

EPS Growth Analysis

“The company’s diluted EPS for trailing twelve months was 8.79.

EPS Estimate for the next year is 10.95.

EPS Estimate for the next Quarter is 1.88.

EPS Growth this year is -9.9 percent.”

Earnings and Sales Growth

“EPS growth for the next 5 years is 12.09 percent.

Annual EPS growth Past 5 years is 16 percent.

Annual Sales Growth in the past 5 years was 14.8 percent.

Quarterly Revenue Growth on year-over-year basis stands at 7.2 percent.

Quarterly Earnings Growth on year-over-year basis stands at 16.9 percent.”

Investment Valuation Ratios

The company P/E (price to earnings) ratio is 17.75 and Forward P/E ratio is 14.25. The company P/S (price to Sales) ratio is 3.63, P/B (price to Book) ratio is 6.12, while its P/C (price to Cash) ratio stands at 10.56.

Volatility Analysis

If we look at the Volatility of Apple Inc. (AAPL), Week Volatility is 1.60%, whereas Month Volatility is at 1.45%.

Technical Indicators

Apple Inc. (AAPL)’s RSI (Relative strength index) is at 36.66, its ATR (Average True Range) value is 2.66, while its Beta factor was calculated at 1.27.

Earnings Released Date

The company last reported its quarterly results on Aug 01 AMC.

Analysts Recommendation

Apple Inc. (AAPL) has an Analysts’ Mean Recommendation of 2.

Insider Ownership and Transactions

Apple Inc.’s insider ownership stands at 0.08 percent, while its insider transaction is -18.04 percent.

Institutional Ownership and Transactions

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Apple Inc.’s institutional ownership is 62.6%, while its institutional transactions stand at -1.95%.