Apple Inc Stock Hits Near 10-Year High Amid Warning Signs
Apple Inc (AAPL) has been experiencing some warning signs according to GuruFocus analysis. While the company's fundamentals are strong, there are a few red flags that investors should be aware of.
The Piotroski F-Score is 9, indicating a very healthy situation for Apple Inc. Additionally, the Beneish M-Score of -2.47 suggests that the company is unlikely to be manipulating its financial statements. Furthermore, the operating margin is expanding, which is generally a good sign.
However, there are some warning signs that investors should be cautious about. Over the past three months, there have been six insider selling transactions and no insider buying, resulting in 7,310 shares being sold. The stock's PE Ratio of 38.1 is close to its 10-year high of 42.04, and the stock price itself is also near a 10-year high.
The Altman Z-score of 13.15 is strong, but this does not necessarily offset the other warning signs. Apple Inc's dividend yield percentage is also near a 10-year low, which could be a concern for income-seeking investors.