Appian Corp [APPN] stock is trading at $33.23, down -0.33%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The APPN shares have gain 4.99% over the last week, with a monthly amount drifted -1.37%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Scotiabank started tracking the stock with Sector Perform rating on January 06, 2025, and set its price target to $37. On August 02, 2024, downgrade downgraded it’s rating to Sector Weight. William Blair downgraded its rating to a Mkt Perform. DA Davidson downgraded its rating to a Neutral and reduced its price target to $33 on July 31, 2024. Citigroup upgraded its rating to Buy for this stock on January 11, 2024, and downed its price target to $45. In a note dated November 07, 2023, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $50 to $55.
Appian Corp [APPN] stock has fluctuated between $26.28 and $43.33 over the past year. Currently, Wall Street analysts expect the stock to reach $44.67 within the next 12 months. Appian Corp [NASDAQ: APPN] shares were valued at $33.23 at the most recent close of the market. An investor can expect a potential return of 34.43% based on the average APPN price forecast.
Analyzing the APPN fundamentals
Appian Corp [NASDAQ:APPN] reported sales of 617.02M for the trailing twelve months, which represents a growth of 14.70%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is 2.68 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -9.36.
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 32.01 points at the first support level, and at 30.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.94, and for the 2nd resistance point, it is at 34.65.
Ratios To Look Out For
For context, Appian Corp’s Current Ratio is 1.12. Also, the Quick Ratio is 1.12, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 3.99.
Transactions by insiders
Recent insider trading involved Biddle Albert G.W. III, Director, that happened on Feb 24 ’25 when 990.0 shares were sold. Director, McCarthy William D. completed a deal on Dec 03 ’24 to sell 700.0 shares. Meanwhile, Director McCarthy William D. bought 700.0 shares on Dec 02 ’24.
