A share price of Appian Corp [APPN] is currently trading at $31.67, up 2.86%. An important factor to consider is whether the stock is rising or falling in short-term value. The APPN shares have gain 6.28% over the last week, with a monthly amount drifted -5.01%, 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 experienced fluctuations in its stock price throughout the past year between $26.28 and $43.33. Currently, Wall Street analysts expect the stock to reach $44.67 within the next 12 months. Appian Corp [NASDAQ: APPN] shares were valued at $31.67 at the most recent close of the market. An investor can expect a potential return of 41.05% based on the average APPN price forecast.
Analyzing the APPN fundamentals
Trailing Twelve Months sales for Appian Corp [NASDAQ:APPN] were 617.02M which represents 14.70% growth. 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 31.09 points at the first support level, and at 30.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.07, and for the 2nd resistance point, it is at 32.48.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Appian Corp [NASDAQ:APPN] is 1.12. On the other hand, the Quick Ratio is 1.12, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 3.80.
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.
