Make Sure You Stick With Apple Inc (AAPL). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Apple Inc (AAPL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.29, or -0.16%, to $185.63. The Apple Inc has recorded 3,926,784 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Wanda Austin to join Apple’s board of directors.

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Stocks Info

Apple Inc is listed on the NASDAQ in the Technology sector while operating in the Consumer Electronics industry. At the end of the last regular session, the stock closed at $185.92 and fluctuated between $186.74 as its day high and $185.19 as its day low. The current market capitalization of Apple Inc is $2891.58B. A total of 40.22 million shares were traded on the day, compared to an average of 54.20M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, AAPL has seen 1 BUY and 3 SELL insider trades, representing the acquisition of 123,448 and the disposition of 251,702 shares. Over the last 12 months, there were 22 BUYs and 46 SELLs from insiders. Insiders purchased 1,897,474 shares during that period but sold 2,273,440.

In the most recent transaction, KONDO CHRIS sold 5,513 shares of AAPL for 192.00 per share on Nov 29. After the transaction, the Principal Accounting Officer now owns 29,174 company shares. In a previous transaction on Nov 17, Adams Katherine L. sold 123,448 shares at 188.79 per share. AAPL shares that SVP, GC and Secretary owns now total 0.

Among the insiders who sold shares, KONDO CHRIS disposed of 4,806 shares on Nov 10 at a per-share price of $184.04. This resulted in the Principal Accounting Officer holding 34,687 shares of AAPL after the transaction. In another insider transaction, Maestri Luca sold 31,685 shares at $178.69 per share on Oct 09. Company shares held by the Senior Vice President, CFO now total 107,661.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Apple Inc pays an annual dividend of $1.01, resulting in a dividend yield of 0.54%, and it has a price to earnings (P/E) ratio of 30.33. AAPL’s most recent ex-dividend date was 11/10/2023 when it declared a $0.24 quarterly dividend that was paid in cash on 11/16/2023. Previously, the company paid the dividend on 8/17/2023 with an ex-dividend date of 8/11/2023. The AAPL stock dividend was $0.24 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for AAPL in the last 3 months, the mean price target is $197.58 with high estimates of $250.00 and low estimates of $125.00. In terms of 52-week highs and lows, AAPL has a high of $199.62 and a low of $131.44.

As of this writing, AAPL has an earnings estimate of $2.1 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $2.16 per share and a lower estimate of $2.02. The company reported an EPS of $1.26 in the last quarter, which was 5.90% higher than expectations of $1.19.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. AAPL’s latest balance sheet shows that the firm has $62.64B in Cash & Short Term Investments as of fiscal 2021. There were $124.72B in debt and $125.48B in liabilities at the time. Its Book Value Per Share was $4.00, while its Total Shareholder’s Equity was $63.09B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AAPL is Buy with a score of 4.11.

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