At the time of writing, Appfolio Inc [APPF] stock is trading at $254.82, down -0.23%. 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 10.48% over the last week, with a monthly amount glided 17.76%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
For the past year, the stock price of Appfolio Inc fluctuated between $164.29 and $274.56. Currently, Wall Street analysts expect the stock to reach $278 within the next 12 months. Appfolio Inc [NASDAQ: APPF] shares were valued at $254.82 at the most recent close of the market. An investor can expect a potential return of 9.1% based on the average APPF price forecast.
Analyzing the APPF fundamentals
According to Appfolio Inc [NASDAQ:APPF], the company’s sales were 762.37M for trailing twelve months, which represents an 24.36% jump. 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.
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 252.26 points at the first support level, and at 249.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 257.55, and for the 2nd resistance point, it is at 260.28.
Ratios To Look Out For
It is important to note that Appfolio Inc [NASDAQ:APPF] has a current ratio of 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 12.63, the price to book ratio is 22.43 and price to earnings (TTM) ratio is 71.05.
Transactions by insiders
Recent insider trading involved DUCA MAURICE J, 10% Owner, that happened on Nov 26 ’24 when 2810.0 shares were sold. 10% Owner, DUCA MAURICE J completed a deal on Nov 27 ’24 to sell 60.0 shares. Meanwhile, 10% Owner DUCA MAURICE J sold 2701.0 shares on Nov 22 ’24.
