AppFolio (NASDAQ:APPF - Get Free Report) was upgraded by investment analysts at DA Davidson to a "strong-buy" rating in a report issued on Tuesday, May 13th,Zacks.com reports. DA Davidson also issued estimates for AppFolio's Q2 2025 earnings at $0.97 EPS, FY2025 earnings at $3.76 EPS and FY2026 earnings at $4.42 EPS.
Several other equities research analysts also recently issued reports on the company. Piper Sandler restated a "neutral" rating and set a $265.00 target price on shares of AppFolio in a research report on Wednesday, April 23rd. William Blair reaffirmed an "outperform" rating on shares of AppFolio in a report on Friday, January 31st. Stephens restated an "overweight" rating and issued a $295.00 price objective on shares of AppFolio in a research report on Friday, January 31st. Finally, Keefe, Bruyette & Woods decreased their target price on shares of AppFolio from $210.00 to $205.00 and set an "underweight" rating on the stock in a report on Friday, April 25th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $274.43.
Read Our Latest Stock Analysis on APPF
AppFolio Stock Down 0.1%
AppFolio stock traded down $0.12 during mid-day trading on Tuesday, reaching $214.49. 64,955 shares of the company's stock were exchanged, compared to its average volume of 270,833. The firm has a market capitalization of $7.73 billion, a PE ratio of 38.65 and a beta of 0.99. The business's fifty day simple moving average is $217.11 and its 200 day simple moving average is $231.51. AppFolio has a one year low of $189.01 and a one year high of $274.56.
AppFolio (NASDAQ:APPF - Get Free Report) last issued its earnings results on Thursday, April 24th. The software maker reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.02). AppFolio had a net margin of 25.69% and a return on equity of 26.21%. The firm had revenue of $217.70 million during the quarter, compared to the consensus estimate of $220.95 million. During the same quarter in the previous year, the firm earned $1.05 earnings per share. The business's quarterly revenue was up 15.9% compared to the same quarter last year. On average, sell-side analysts forecast that AppFolio will post 3.96 earnings per share for the current year.
Institutional Investors Weigh In On AppFolio
A number of large investors have recently added to or reduced their stakes in APPF. Colonial Trust Co SC purchased a new position in shares of AppFolio during the 4th quarter valued at about $28,000. UMB Bank n.a. boosted its stake in shares of AppFolio by 193.0% in the 4th quarter. UMB Bank n.a. now owns 167 shares of the software maker's stock valued at $41,000 after purchasing an additional 110 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of AppFolio by 53.0% during the 1st quarter. Fifth Third Bancorp now owns 179 shares of the software maker's stock valued at $39,000 after purchasing an additional 62 shares during the last quarter. Arcadia Investment Management Corp MI purchased a new position in AppFolio in the 4th quarter worth $50,000. Finally, Versant Capital Management Inc lifted its stake in AppFolio by 4,975.0% in the first quarter. Versant Capital Management Inc now owns 203 shares of the software maker's stock worth $45,000 after purchasing an additional 199 shares during the last quarter. Hedge funds and other institutional investors own 85.19% of the company's stock.
AppFolio Company Profile
(
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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.
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