Longed Apple today with a small position. So let's explore the fundamentals on why:
P/S 7.39
P/FCF 32.90 (impressive cash flow)
Quick Ratio 1.1 (Good value)
Debt/Eq 1.69 (High but money is cheap now-a-days)
Long Term Debt/Eq 1.5
Time to explore Earnings:
EPS 3.7
EPS This Y +10.2
Sales Q/Q +21.4%
EPS Q/Q +34.6% (Impressive)
EPS 5Y +7.3%
Equity Ownership:
Insiders Own 0.1%
Insider 3-Month Transactions -4.8%
Institutions own 60.3%
Institutions 3-Month Transactions -0.34%
Let's explore margins:
Gross Margin 38.8% (not as high as other tech companies, but keep in mind they offer hardware as well which has higher cost in yielding product creation)
Operations Margin +25.20%
Net Margin +21.7% (Stunning and very impressive)
So current price target is $145 which is the top of the wedge.
Nice support for the long off the pivot points:
Nice support (confluence) off the Fibonacci Fan
- Market Cap 2,173 Billion (or 2.17 Trillion)
- Income 63.9 Billion
- 147,000 Employees (too big to fail) ;)
- P/E 35.07 (Practically a value play when considering many of the absurd P/E valuations) ;)
- Short Float 0.55%
- Dividend 0.6%
P/S 7.39
P/FCF 32.90 (impressive cash flow)
Quick Ratio 1.1 (Good value)
Debt/Eq 1.69 (High but money is cheap now-a-days)
Long Term Debt/Eq 1.5
Time to explore Earnings:
EPS 3.7
EPS This Y +10.2
Sales Q/Q +21.4%
EPS Q/Q +34.6% (Impressive)
EPS 5Y +7.3%
Equity Ownership:
Insiders Own 0.1%
Insider 3-Month Transactions -4.8%
Institutions own 60.3%
Institutions 3-Month Transactions -0.34%
Let's explore margins:
Gross Margin 38.8% (not as high as other tech companies, but keep in mind they offer hardware as well which has higher cost in yielding product creation)
Operations Margin +25.20%
Net Margin +21.7% (Stunning and very impressive)
So current price target is $145 which is the top of the wedge.
Nice support for the long off the pivot points:
Nice support (confluence) off the Fibonacci Fan