Appfolio Inc [APPF] stock prices are up 10.55% to $212.34 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The APPF shares have gain 5.57% over the last week, with a monthly amount drifted -10.15%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Appfolio Inc [NASDAQ: APPF] stock has seen the most recent analyst activity on October 15, 2024, when Keefe Bruyette downgraded its rating to a Underperform and also revised its price target to $193 from $255. Previously, Piper Sandler started tracking the stock with Overweight rating on June 11, 2024, and set its price target to $295. On January 19, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $215 on the stock. DA Davidson upgraded its rating to a Buy and increased its price target to $230 on September 01, 2023. William Blair upgraded its rating to a Outperform. Stephens upgraded its rating to Overweight for this stock on August 21, 2023, and upped its price target to $212. In a note dated August 17, 2023, JP Morgan initiated an Overweight rating and provided a target price of $200 on this stock.
The stock price of Appfolio Inc [APPF] has been fluctuating between $164.29 and $274.56 over the past year. Currently, Wall Street analysts expect the stock to reach $278 within the next 12 months. Appfolio Inc [NASDAQ: APPF] shares were valued at $212.34 at the most recent close of the market. An investor can expect a potential return of 30.92% based on the average APPF price forecast.
Analyzing the APPF fundamentals
The Appfolio Inc [NASDAQ:APPF] reported sales of 762.37M for trailing twelve months, representing a surge of 24.36%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.25, Equity is 0.37 and Total Capital is 0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 202.43 points at the first support level, and at 192.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 229.12, and for the 2nd resistance point, it is at 245.91.
Ratios To Look Out For
It’s worth pointing out that Appfolio Inc [NASDAQ:APPF]’s Current Ratio is 6.20. As well, the Quick Ratio is 6.20, while the Cash Ratio is 0.98. Considering the valuation of this stock, the price to sales ratio is 10.10, the price to book ratio is 18.69 and price to earnings (TTM) ratio is 59.21.
Transactions by insiders
Recent insider trading involved DUCA MAURICE J, 10% Owner, that happened on Sep 24 ’24 when 2195.0 shares were sold. 10% Owner, DUCA MAURICE J completed a deal on Sep 23 ’24 to sell 1842.0 shares. Meanwhile, 10% Owner DUCA MAURICE J sold 1296.0 shares on Sep 25 ’24.
