1 week Ago By ABMN Staff
Shares of AppFolio, Inc. ( NASDAQ:APPF – Get Free Report ) have received a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports.
One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $277.75.
Several equities research analysts recently issued reports on the company. StockNews.com downgraded AppFolio from a “buy” rating to a “hold” rating in a report on Thursday, August 22nd.
Piper Sandler increased their target price on shares of AppFolio from $295.00 to $300.00 and gave the company an “overweight” rating in a report on Friday, July 26th.
DA Davidson raised their price target on shares of AppFolio from $285.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, July 26th.
JPMorgan Chase & Co. upped their price objective on shares of AppFolio from $260.00 to $328.
00 and gave the stock an “overweight” rating in a research report on Wednesday, July 17th. Finally, KeyCorp lifted their target price on shares of AppFolio from $275.00 to $300.
00 and gave the stock an “overweight” rating in a research report on Friday, July 26th. Get Our Latest Research Report on AppFolio Insider Activity Institutional Inflows and Outflows A number of hedge funds have recently bought and sold shares of APPF. Brighton Jones LLC increased its position in shares of AppFolio by 0.
9% during the second quarter. Brighton Jones LLC now owns 5,805 shares of the software maker’s stock valued at $1,420,000 after buying an additional 49 shares during the period. ProShare Advisors LLC increased its holdings in AppFolio by 2.
9% during the 2nd quarter. ProShare Advisors LLC now owns 3,630 shares of the software maker’s stock worth $888,000 after acquiring an additional 102 shares during the period. CWM LLC increased its holdings in AppFolio by 238.
6% during the 2nd quarter. CWM LLC now owns 149 shares of the software maker’s stock worth $36,000 after acquiring an additional 105 shares during the period. GAMMA Investing LLC lifted its stake in AppFolio by 589.
5% in the 2nd quarter. GAMMA Investing LLC now owns 131 shares of the software maker’s stock worth $32,000 after purchasing an additional 112 shares in the last quarter. Finally, Advisors Asset Management Inc.
increased its holdings in shares of AppFolio by 291.3% in the first quarter. Advisors Asset Management Inc.
now owns 180 shares of the software maker’s stock worth $44,000 after purchasing an additional 134 shares during the period. 62.34% of the stock is currently owned by hedge funds and other institutional investors.
AppFolio Stock Down 2.3 % NASDAQ APPF opened at $222.92 on Friday.
AppFolio has a 52 week low of $164.29 and a 52 week high of $274.56.
The business has a 50 day moving average price of $235.47 and a 200-day moving average price of $233.84.
The company has a market cap of $8.07 billion, a price-to-earnings ratio of 107.69 and a beta of 0.
81. AppFolio ( NASDAQ:APPF – Get Free Report ) last announced its quarterly earnings results on Thursday, July 25th. The software maker reported $1.
12 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.16.
AppFolio had a net margin of 17.32% and a return on equity of 27.39%.
The business had revenue of $197.38 million during the quarter, compared to analyst estimates of $190.57 million.
During the same quarter in the previous year, the business posted ($0.53) EPS. AppFolio’s quarterly revenue was up 34.
2% on a year-over-year basis. On average, equities research analysts anticipate that AppFolio will post 3.04 earnings per share for the current year.
AppFolio Company Profile ( Get Free Report AppFolio, Inc, together with its subsidiaries, provides cloud business management solutions for the real estate industry in the United States. The company provides a cloud-based platform that enables users to automate and optimize common workflows; tools that assist with leasing, maintenance, and accounting; and other technology and services offered by third parties. Featured Stories Receive News & Ratings for AppFolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppFolio and related companies with MarketBeat.
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