AAPL’s best post-split performance was back in 2014 when it increased 36.4% one year after, three times its post-split average. They’ll be the company’s first 5G smartphones and come with an all-new design. Like the 2014 split concurred with the iPhone 6, this 4 for 1 stock split comes as Apple is launching the iPhone 12 lineup this fall which has the potential to be very successful. The most significant post-split outperformance came in C2H14 after the 7-for-1 stock split (2), although this period also coincided with strong outperformance of the iPhone 6.
In the 3 and 6 months following past stock split, Apple shares have also outperformed the S&P 500, albeit by a lesser degree – by a median of 700bps and 610bps, respectively (1). When looking at the 3-6 month period after Apple’s previous stock splits, Huberty notes more modest 6-7% median increases beyond the S&P 500 gains. AAPL shares see growth over 125,000% since IPO almost 40 years ago.While historically AAPL has seen on average a 10.4% increase 12 months after its stock splits, there are a couple of factors that could hint at stronger than average gains for Apple shares this time around.Īs we’ve previously noted, Apple’s stock split won’t directly increase its share price but the move normally encourages more investment, leading to post-split gains.Ī note from Morgan Stanley’s Katy Huberty, seen by Philip Elmer-DeWitt highlights that leading up to previous stock splits, AAPL growth has normally outpaced the S&P 500 by around 21% but this year that was boosted to almost 44%. Apple’s 4 for 1 stock split has taken effect as of Monday, August 31 and analysts are weighing in on how the move will impact the stock’s share price.
0 kommentar(er)
