Is Apple Inc (NASDAQ: AAPL) No Longer A Good Investment?

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that Apple Jing’an to welcome its first customers this Thursday, March 21, in Shanghai.

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Stocks Info

AAPL belongs to the Technology sector of the NASDAQ while operating in the Consumer Electronics industry. The current market capitalization of Apple Inc is $2759.00B. A total of 52.56 million shares were traded on the day, compared to an average of 59.07M shares.

In the most recent transaction, LEVINSON ARTHUR D sold 100,000 shares of AAPL for 180.94 per share on Feb 29 ’24. After the transaction, the Director now owns 4,434,576 company shares. In a previous transaction on Nov 29 ’23, KONDO CHRIS sold 5,513 shares at 192.00 per share. AAPL shares that Principal Accounting Officer owns now total 29,174.

Among the insiders who sold shares, Adams Katherine L. disposed of 123,448 shares on Nov 17 ’23 at a per-share price of $188.79. This resulted in the SVP, GC and Secretary holding 0 shares of AAPL after the transaction. In another insider transaction, KONDO CHRIS sold 4,806 shares at $184.04 per share on Nov 10 ’23. Company shares held by the Principal Accounting Officer now total 34,687.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Apple Inc pays an annual dividend of $0.96, resulting in a dividend yield of 0.54%, and it has a price to earnings (P/E) ratio of 27.80. AAPL’s most recent ex-dividend date was 2/9/2024 when it declared a $0.24 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/16/2023 with an ex-dividend date of 11/10/2023. The AAPL stock dividend was $0.24 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, AAPL has a high of $199.62 and a low of $154.15.

As of this writing, AAPL has an earnings estimate of $1.51 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $1.61 per share and a lower estimate of $1.46. The company reported an EPS of $1.46 in the last quarter, which was 5.00% higher than expectations of $1.39.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $4.79, while its Total Shareholder’s Equity was $63.09B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 4.18.

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