NASDAQ:AAPL - Apple Stock Price, News, & Analysis

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$186.25 -7.28 (-3.76 %)

(As of 11/19/2018 12:58 PM ET)

Previous Close$193.53

Today's Range$185.68 - $190.70

52-Week Range$150.24 - $233.47

Volume23.74 million shs

Average Volume44.48 million shs

Market Capitalization$951.23 billion

P/E Ratio15.64

Dividend Yield1.51%

Beta1.26

Apple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems. It also provides iTunes Store, an app store that allows customers to purchase and download, or stream music and TV shows; rent or purchase movies; and download free podcasts, as well as iCloud, a cloud service, which stores music, photos, contacts, calendars, mail, documents, and others. In addition, the company offers AppleCare support services; Apple Pay, a cashless payment service; Apple TV that connects to consumers' TVs and enables them to access digital content directly for streaming video, playing music and games, and viewing photos; and Apple Watch, a personal electronic device, as well as AirPods, Beats products, HomePod, iPod touch, and other Apple-branded and third-party accessories. The company serves consumers, and small and mid-sized businesses; and education, enterprise, and government customers worldwide. It sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, Book Store, and Apple Music. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Electronic computers

Sub-IndustryComputer Hardware

SectorComputer and Technology

Current SymbolNASDAQ:AAPL

Previous Symbol

CUSIP03783310

Webwww.apple.com

Phone408-996-1010

Debt

Debt-to-Equity Ratio0.87

Current Ratio1.12

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio15.64

Forward P/E Ratio13.95

P/E Growth1.39

Sales & Book Value

Annual Sales$265.60 billion

Price / Sales3.45

Cash Flow$13.7861 per share

Price / Cash13.51

Book Value$21.80 per share

Price / Book8.54

Profitability

EPS (Most Recent Fiscal Year)$11.91

Net Income$59.53 billion

Net Margins22.41%

Return on Equity48.68%

Return on Assets15.99%

Miscellaneous

Employees132,000

Outstanding Shares4,915,140,000

Market Cap$951.23 billion

OptionableOptionable

Apple (NASDAQ:AAPL) Frequently Asked Questions

What is Apple's stock symbol?

Apple trades on the NASDAQ under the ticker symbol "AAPL."

How often does Apple pay dividends? What is the dividend yield for Apple?

Apple declared a quarterly dividend on Thursday, November 1st. Investors of record on Monday, November 12th will be paid a dividend of $0.73 per share on Thursday, November 15th. This represents a $2.92 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Thursday, November 8th. View Apple's Dividend History.

When did Apple's stock split? How did Apple's stock split work?

Shares of Apple split on the morning of Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly minted shares were distributed to shareholders after the closing bell on Friday, June 6th 2014. An investor that had 100 shares of Apple stock prior to the split would have 700 shares after the split.

How will Apple's stock buyback program work?

Apple declared that its board has authorized a share repurchase program on Tuesday, May 1st 2018, which authorizes the company to buyback $100,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 11.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) announced its quarterly earnings results on Thursday, November, 1st. The iPhone maker reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.13. The iPhone maker earned $62.90 billion during the quarter, compared to the consensus estimate of $61.55 billion. Apple had a return on equity of 48.68% and a net margin of 22.41%. The company's revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the company posted $2.07 EPS. View Apple's Earnings History.

When is Apple's next earnings date?

Apple is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Apple.

What guidance has Apple issued on next quarter's earnings?

Apple issued an update on its first quarter 2019 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $89-93 billion, compared to the consensus revenue estimate of $92.91 billion.

What price target have analysts set for AAPL?

47 brokers have issued 12-month price objectives for Apple's shares. Their predictions range from $26.00 to $310.00. On average, they expect Apple's share price to reach $224.4474 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price. View Analyst Price Targets for Apple.

What is the consensus analysts' recommendation for Apple?

47 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 3 sell ratings, 20 hold ratings and 24 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apple.

What are Wall Street analysts saying about Apple stock?

Here are some recent quotes from research analysts about Apple stock:

1. According to Zacks Investment Research, "Apple is expected to benefit from an expanded portfolio with the launch of new iPhones. Higher average selling price (ASP) and a loyal customer base are key catalysts. Moreover, robust demand for wearables is expected to drive results. As customers increase the usage of Apple Music and Apple Pay, Services revenues are expected to increase manifold. Further, the acquisition of Akonia Holographics, a manufacturer of lenses for AR glasses, strengthens our belief that Apple can foray into the wearable AR glasses space. Moreover, the company is testing self-driving vehicles and has 66 autonomous vehicles approved for testing in California. However, shares have underperformed the industry on a year-to-date basis. The company continues to lose share in the smartphone market. Moreover, increasing competition from Chinese handset makers remains a concern." (11/12/2018)
2. Maxim Group analysts commented, "September quarter (F4Q18) results beat on iPhone ASPs, iPhone units slightly miss at flat y/y growth. Combination of December quarter (F1Q19) guidance and no more unit data indicate that the iPhone’s installed base growth has slowed to low-single digits. Our estimates include subscription revenue from to-be-launched video and news services of $2B in in FY20. Higher-than-expected COGS and opex for Dec Q guidance lead to lowered FY19 EPS estimate and 12-month price target to $212, from $221; reiterate Hold rating." (11/2/2018)
3. Rosenblatt Securities analysts commented, "We believe this equates to ~6-7% of total new model production in the second half of 2018. We recently trimmed our iPhone XR shipment forecasts by 3 million units due to weak preorders. We are trimming our XR shipment estimates by another 2 million units and trimming our XS shipment estimates by 1 million units. After tracking sell -through data from various retail channels, we believe initial iPhone XR sales are weaker than we expected and weaker than XS/XS Max sales. We estimate global first weekend sales of the iPhone XR to be ~9 million units, 1 million units lower than sales of the the first weekend. Compared to the iPhone 8/8Plus, we believe XR sales are better, although the 8Plus faced some constraints and a smaller sell-through base." (10/30/2018)
4. Wells Fargo & Co analysts commented, "07:1704/19/1804/1907:1704/19/1807:17Apple (AAPL) could outline plans of incremental $100B share repo, says Wells Fargo" (4/24/2018)

Has Apple been receiving favorable news coverage?

Media headlines about AAPL stock have trended very positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Apple earned a daily sentiment score of 3.1 on InfoTrie's scale. They also gave headlines about the iPhone maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Are investors shorting Apple?

Apple saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 36,469,092 shares, a decrease of 9.2% from the October 15th total of 40,148,064 shares. Based on an average daily trading volume, of 35,371,102 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.8% of the company's stock are sold short. View Apple's Current Options Chain.

Who are some of Apple's key competitors?

Some companies that are related to Apple include Dell Technologies (DVMT), Nice (NICE), Teradata (TDC), CAPCOM Co Ltd/ADR (CCOEY), Omnicell (OMCL), Fitbit (FIT), Cray (CRAY), Huami (HMI), One Stop Systems (OSS), Socket Mobile (SCKT) and Super Micro Computer (SMCI).

Who are Apple's key executives?

Apple's management team includes the folowing people:

Mr. Timothy D. Cook, CEO & Director (Age 57)
Mr. Luca Maestri, CFO & Sr. VP (Age 54)
Mr. Ron Okamoto, Head of Developer Relations
Mr. Daniel J. Riccio, Sr. VP of Hardware Engineering (Age 55)
Ms. Angela J. Ahrendts, Sr. VP of Retail (Age 57)

Who are Apple's major shareholders?

Apple's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.02%), FMR LLC (2.26%), TIAA CREF Investment Management LLC (0.53%), Janus Henderson Group PLC (0.42%), Alliancebernstein L.P. (0.39%) and Sumitomo Mitsui Trust Holdings Inc. (0.34%). Company insiders that own Apple stock include Albert Gore Jr, Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, D Bruce Sewell, Daniel J Riccio, Eduardo H Cue, Jeffrey E Williams, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View Institutional Ownership Trends for Apple.

Which institutional investors are selling Apple stock?

AAPL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, The Manufacturers Life Insurance Company , Private Advisor Group LLC, Franklin Resources Inc., Canada Pension Plan Investment Board, Cornerstone Wealth Management LLC and Swiss National Bank. Company insiders that have sold Apple company stock in the last year include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, Daniel J Riccio, Eduardo H Cue, Jeffrey E Williams, Johny Srouji, Luca Maestri, Philip W Schiller and Timothy D Cook. View Insider Buying and Selling for Apple.

Which institutional investors are buying Apple stock?

AAPL stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Janus Henderson Group PLC, Capital World Investors, Artemis Investment Management LLP, AQR Capital Management LLC, TIAA CREF Investment Management LLC, Matthew Goff Investment Advisor LLC and Moody National Bank Trust Division. View Insider Buying and Selling for Apple.

How do I buy shares of Apple?

Shares of AAPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Apple's stock price today?

One share of AAPL stock can currently be purchased for approximately $186.6461.

How big of a company is Apple?

Apple has a market capitalization of $951.23 billion and generates $265.60 billion in revenue each year. The iPhone maker earns $59.53 billion in net income (profit) each year or $11.91 on an earnings per share basis. Apple employs 132,000 workers across the globe.

What is Apple's official website?

The official website for Apple is http://www.apple.com.

How can I contact Apple?

Apple's mailing address is ONE APPLE PARK WAY, CUPERTINO CA, 95014. The iPhone maker can be reached via phone at 408-996-1010 or via email at [email protected]

MarketBeat Community Rating for Apple (NASDAQ AAPL)

Community Ranking:		3.8 out of 5 ( )
Outperform Votes:		6,033 (Vote Outperform)
Underperform Votes:		1,904 (Vote Underperform)
Total Votes:		7,937

MarketBeat's community ratings are surveys of what our community members think about Apple and other stocks. Vote "Outperform" if you believe AAPL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AAPL will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 11/19/2018 by MarketBeat.com Staff

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