Appfolio Inc (NASDAQ:APPF) currently has a daily average trading volume of 315.07K but it saw 280389 shares traded in last market. With a market cap of 8.06B USD, the company’s current market price of $223.73 came rising about 1.41 while comparing to the previous closing price of $220.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $274.56 and as low as $189.01. In the recent trading on the day, stock has struck highest price mark of $219.83 while lowest mark touched by it was $227.15.
Piper Sandler downgraded its recommendation for the stock as a “Neutral” from “Overweight” on January 06, 2025 while assigning a price target of $265. Keefe Bruyette also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $255 and $193.
Over the week, APPF’s stock price is moving -1.80% down while it is 4.25% when we observe its performance for the past one month. Year-to-date it is -9.32% down and over the past year, the stock is showing a downside performance of -3.36%.
The company is expected to be releasing its next quarterly report on 2025-Apr-24, for which analysts forecasted an EPS of 1.27 while estimate for next year EPS is 5.13. In next quarter, company is expected to be making quarterly sales of $241.89M as analysts are expecting the sales for current fiscal year at $929.22M and seeing the company making $1.08B in sales next year. Moreover, analysts are in estimates of $230.1M for current-quarter revenue.
Currently, Appfolio Inc’s total number of outstanding shares is 23.04M. Company’s return on investment (ROI) stands at 39.48% and return on equity (ROE) at 49.11%. It has a price to earnings ratio (P/E ratio) of 41.78 while having a 37.32 of forward P/E ratio. Stock’s beta reads 0.87. Stock has a price to book (P/B) ratio of 17.44 while price to sale or P/S ratio amounts to 9.78. Its return on asset (ROA) is 39.22% on average.
