In the most recent session, Apple Inc. (NASDAQ:AAPL) shares have traded +0.259%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $5.740 away from the 50-day moving average of $108.134 and $11.638 away from the 200-day moving average of $102.236. From a different angle, the stock has been recently recorded -8.033% off of the 52-week high of 123.820 and +27.276% removed from the 52-week low of 89.470.
Currently, Apple Inc. has a price to earnings ratio of 13.278. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 1.760.
Price Target Update
Analysts polled by Thomson Reuters have set a consensus target price of $125.680 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.