Warning Signs Emerge for Apple Inc as Stock Hits Decade High
Apple Inc's stock has several warning signs that investors should be aware of, according to GuruFocus analysis. Despite its very healthy situation as indicated by a Piotroski F-Score of 9, Apple Inc's operating margin is expanding, which is usually a good sign. However, the company's stock price and PS Ratio are close to their 10-year highs, at 13.09 and 10.46 respectively.
The Altman Z-score, which measures credit risk, is also strong at 13.09. On the other hand, there have been 8 insider selling transactions over the past 3 months with no insider buying, indicating a possible lack of confidence in the company's prospects.
The GuruFocus analysis suggests that Apple Inc's stock price is close to its 10-year high and its dividend yield is near a 10-year low. This could indicate that investors are taking on more risk than usual when investing in the company.