Apple Inc Stock Buy Hold or Sell Recommendation

AAPL Stock  USD 173.72  1.10  0.64%   
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Apple Inc is 'Strong Buy'. Macroaxis provides Apple buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Apple positions. The advice algorithm takes into account all of Apple's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
183.05
Target Price
187.73
Hype Value
174.05
Market Value
173.72
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Apple Inc given historical horizon and risk tolerance towards Apple. When Macroaxis issues a 'buy' or 'sell' recommendation for Apple Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Apple Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Apple and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Apple Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Execute Apple Buy or Sell Advice

The Apple recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Apple Inc. Macroaxis does not own or have any residual interests in Apple Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Apple's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AppleBuy Apple
Strong Buy

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Apple Inc has a Risk Adjusted Performance of (0.09), Jensen Alpha of (0.27), Total Risk Alpha of (0.41) and Treynor Ratio of (0.25)
Macroaxis provides advice on Apple Inc to complement and cross-verify current analyst consensus on Apple Inc. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Apple is not overpriced, please confirm all Apple Inc fundamentals, including its cash per share, price to earnings to growth, and the relationship between the gross profit and book value per share . Given that Apple Inc has a price to book of 35.96 X, we suggest you to validate Apple Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Apple Trading Alerts and Improvement Suggestions

Apple Inc generated a negative expected return over the last 90 days
The company currently holds 111.09 B in liabilities with Debt to Equity (D/E) ratio of 2.61, implying the company greatly relies on financing operations through barrowing. Apple Inc has a current ratio of 0.86, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Apple until it has trouble settling it off, either with new capital or with free cash flow. So, Apple's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apple Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apple to invest in growth at high rates of return. When we think about Apple's use of debt, we should always consider it together with cash and equity.
About 57.0% of Apple shares are held by institutions such as insurance companies
On 15th of February 2024 Apple paid $ 0.24 per share dividend to its current shareholders
Latest headline from benzinga.com: Apple Is Sending Alphabet Stock Higher Monday Whats Going On

Apple Returns Distribution Density

The distribution of Apple's historical returns is an attempt to chart the uncertainty of Apple's future price movements. The chart of the probability distribution of Apple stock daily returns describes the distribution of returns around its average expected value. We use Apple Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Apple returns is essential to provide solid investment advice for Apple.
Mean Return
-0.16
Value At Risk
-1.93
Potential Upside
1.56
Standard Deviation
1.13
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Apple historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Apple Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Apple is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Apple Inc backward and forwards among themselves. Apple's institutional investor refers to the entity that pools money to purchase Apple's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Legal & General Group Plc2023-12-31
138.5 M
Jpmorgan Chase & Co2023-12-31
137.5 M
Bank Of New York Mellon Corp2023-12-31
118.8 M
Bank Of America Corp2023-12-31
112 M
Charles Schwab Investment Management Inc2023-12-31
85 M
Nuveen Asset Management, Llc2023-12-31
80 M
Ubs Asset Mgmt Americas Inc2023-12-31
75.1 M
Royal Bank Of Canada2023-12-31
62.7 M
Wellington Management Company Llp2023-12-31
60.7 M
Vanguard Group Inc2023-12-31
1.3 B
Blackrock Inc2023-12-31
B
Note, although Apple's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Apple Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory(127M)(2.6B)1.5B(1.6B)(1.5B)(1.4B)
Change In Cash(10.4B)(3.9B)(11.0B)5.8B6.6B7.0B
Free Cash Flow73.4B93.0B111.4B99.6B114.5B120.2B
Depreciation11.1B11.3B11.1B11.5B13.2B13.9B
Other Non Cash Items(97M)(147M)111M(7.4B)(6.7B)(6.3B)
Dividends Paid14.1B14.5B14.8B15.0B17.3B18.1B
Capital Expenditures7.3B11.1B10.7B11.0B12.6B13.2B
Net Income57.4B94.7B99.8B97.0B111.5B117.1B
End Period Cash Flow39.8B35.9B25.0B30.7B35.3B37.1B
Investments(4.3B)(14.5B)(9.6B)3.7B4.3B4.5B
Change Receivables8.5B(14.0B)(9.3B)(417M)(375.3M)(394.1M)
Change To Netincome5.1B6.5B3.0B10.0B9.0B9.5B
Net Borrowings(7.8B)2.5B12.7B(123M)(110.7M)(105.2M)

Apple Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Apple or Technology Hardware, Storage & Peripherals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Apple's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Apple stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.27
β
Beta against NYSE Composite0.69
σ
Overall volatility
1.14
Ir
Information ratio -0.27

Apple Volatility Alert

Apple Inc exhibits very low volatility with skewness of -0.04 and kurtosis of 1.7. However, we advise investors to further study Apple Inc technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Apple's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Apple's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Apple Implied Volatility

Apple's implied volatility exposes the market's sentiment of Apple Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Apple's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Apple stock will not fluctuate a lot when Apple's options are near their expiration.

Apple Fundamentals Vs Peers

Comparing Apple's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Apple's direct or indirect competition across all of the common fundamentals between Apple and the related equities. This way, we can detect undervalued stocks with similar characteristics as Apple or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Apple's fundamental indicators could also be used in its relative valuation, which is a method of valuing Apple by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Apple to competition
FundamentalsApplePeer Average
Return On Equity1.54-0.31
Return On Asset0.21-0.14
Profit Margin0.26 %(1.27) %
Operating Margin0.34 %(5.51) %
Current Valuation2.7 T16.62 B
Shares Outstanding15.44 B571.82 M
Shares Owned By Insiders5.93 %10.09 %
Shares Owned By Institutions56.70 %39.21 %
Number Of Shares Shorted111.93 M4.71 M
Price To Earning24.24 X28.72 X
Price To Book35.96 X9.51 X
Price To Sales6.91 X11.42 X
Revenue383.29 B9.43 B
Gross Profit170.78 B27.38 B
EBITDA125.82 B3.9 B
Net Income97 B570.98 M
Cash And Equivalents29.96 B2.7 B
Cash Per Share3.04 X5.01 X
Total Debt111.09 B5.32 B
Debt To Equity2.61 %48.70 %
Current Ratio0.88 X2.16 X
Book Value Per Share4.79 X1.93 K
Cash Flow From Operations110.54 B971.22 M
Short Ratio1.95 X4.00 X
Earnings Per Share6.44 X3.12 X
Price To Earnings To Growth2.12 X4.89 X
Target Price201.28
Number Of Employees161 K18.84 K
Beta1.29-0.15
Market Capitalization2.67 T19.03 B
Total Asset352.58 B29.47 B
Retained Earnings(214 M)9.33 B
Working Capital(1.74 B)1.48 B
Note: Payment of 177870 shares by Jeff Williams of Apple subject to Rule 16b-3 [view details]

Apple Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Apple . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Apple Buy or Sell Advice

When is the right time to buy or sell Apple Inc? Buying financial instruments such as Apple Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Other Current Liabilities60.8B58.8B67.7B71.0B
Total Assets352.8B352.6B405.5B425.7B

Use Investing Ideas to Build Portfolios

In addition to having Apple in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Fabricated Products Thematic Idea Now

Fabricated Products
Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 10 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Check out Apple Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Apple Stock analysis

When running Apple's price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.16
Dividend Share
0.95
Earnings Share
6.44
Revenue Per Share
24.648
Quarterly Revenue Growth
0.021
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.