AppFolio Company Profile (NASDAQ:APPF)

About AppFolio (NASDAQ:APPF)

AppFolio logoAppFolio, Inc. is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. The Company's mobile-optimized software solutions enable its customers to work at any time and from anywhere across multiple devices. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. The Company's legal software provides solo practitioners and small law firms with a streamlined practice and case management solution, allowing them to manage their practices and case load. It also offers Value+ services, such as its professionally designed Websites and electronic payment services. The Company's property manager customers include third-party managers and owner-operators, managing single- and multi-family residences, commercial property and student housing, as well as mixed real estate portfolios.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Enterprise Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:APPF
  • CUSIP: N/A
  • Web:
  • Market Cap: $1.67 billion
  • Outstanding Shares: 33,912,000
Average Prices:
  • 50 Day Moving Avg: $48.01
  • 200 Day Moving Avg: $48.01
  • 52 Week Range: $18.40 - $52.25
  • Trailing P/E Ratio: 1585.48
  • Foreward P/E Ratio: 114.30
  • P/E Growth: 6.55
Sales & Book Value:
  • Annual Revenue: $124.18 million
  • Price / Sales: 13.42
  • Book Value: $2.22 per share
  • Price / Book: 22.14
  • EBITDA: $4.64 million
  • Net Margins: 0.84%
  • Return on Equity: 1.46%
  • Return on Assets: 1.12%
  • Current Ratio: 1.74%
  • Quick Ratio: 1.74%
  • Average Volume: 161,155 shs.
  • Beta: 0.76
  • Short Ratio: 1.75

Frequently Asked Questions for AppFolio (NASDAQ:APPF)

What is AppFolio's stock symbol?

AppFolio trades on the NASDAQ under the ticker symbol "APPF."

How were AppFolio's earnings last quarter?

AppFolio, Inc. (NASDAQ:APPF) released its quarterly earnings results on Monday, February, 22nd. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.15) by $0.05. The company earned $20.40 million during the quarter, compared to the consensus estimate of $20.30 million. AppFolio had a net margin of 0.84% and a return on equity of 1.46%. View AppFolio's Earnings History.

When will AppFolio make its next earnings announcement?

AppFolio is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for AppFolio.

Where is AppFolio's stock going? Where will AppFolio's stock price be in 2017?

5 equities research analysts have issued 1-year price targets for AppFolio's shares. Their predictions range from $35.00 to $38.00. On average, they expect AppFolio's stock price to reach $36.50 in the next twelve months. View Analyst Ratings for AppFolio.

What are analysts saying about AppFolio stock?

Here are some recent quotes from research analysts about AppFolio stock:

  • 1. According to Zacks Investment Research, "AppFolio, Inc. offers cloud-based software solutions for property management and legal industries. It offers AppFolio Property Manager, a solution for the property managers including activities of posting and tracking tenant vacancies, handling the entire leasing process electronically, administering maintenance and repairs with their vendor networks, managing accounting and reporting to property owners. MyCase solution for practitioners and small law firms, providing time tracking, billing and payments, client communication, coordination with other lawyers and support staff, legal document management and assembly and general office administration services. Value+ services include Websites and electronic payment services. AppFolio, Inc. is headquartered Goleta, California. " (10/19/2017)
  • 2. KeyCorp analysts commented, "We believe continued top-line upside demonstrates AppFolio’s ability to take share in the property management and legal verticals. APPF has emerged as an SMB SaaS pure-play to watch based on solid execution and improving profitability, in our view." (8/11/2017)
  • 3. Pacific Crest analysts commented, "We are raising our fair-value target range to $27 to $32, which equates to 5.5x to 6.0x our 2018 estimate." (5/8/2017)
  • 4. William Blair analysts commented, "On Monday, February 27, AppFolio reported fourth-quarter results, with revenue increasing 37%, to $28.0 million, $0.8 million above consensus expectations. Adjusted EBITDA of $3.0 million were $3.0 million better than the Street's estimate'the company's third consecutive quarter of positive adjusted EBITDA. AppFolio's property management business continues to see strong growth, adding 426 new customers in the period and ending the quarter with 10,038 customers (22% growth), and saw units under management increase 25%, to 2.68 million. The company's legal customer base also saw solid growth, increasing 32% from the year-ago period and ending the quarter with 8,135 customers." (2/28/2017)

Who are some of AppFolio's key competitors?

Who are AppFolio's key executives?

AppFolio's management team includes the folowing people:

  • Andreas von Blottnitz, Independent Chairman of the Board
  • Jason Robert Randall, President, Chief Executive Officer, Director
  • Jonathan Walker, Founder, Chief Technology Officer
  • Klaus Schauser Ph.D., Chief Strategist, Founder and Director
  • Ida Kathleen Kane, Chief Financial Officer
  • Timothy K. Bliss, Independent Director
  • Janet E. Kerr, Independent Director/Nominee
  • James R. Peters, Independent Director/ Nominee
  • William Rauth, Independent Director/ Nominee

When did AppFolio IPO?

(APPF) raised $81 million in an initial public offering (IPO) on Friday, June 26th 2015. The company issued 6,200,000 shares at a price of $12.00-$14.00 per share. Morgan Stanley and Credit Suisse served as the underwriters for the IPO and Pacific Crest Securities and William Blair were co-managers.

Who owns AppFolio stock?

AppFolio's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include STAD MARC (16.19%), STAD MARC (9.61%), STAD MARC (8.32%) and STAD MARC (6.22%). Company insiders that own AppFolio stock include Brian Donahoo, Clarity Ventures, Inc, Global Fund Ii LP Dragoneer, Jason Robert Randall, Jonathan Walker, Keenan Capital, Llc, Marc Stad and William E Oberndorf. View Institutional Ownership Trends for AppFolio.

How do I buy AppFolio stock?

Shares of AppFolio can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is AppFolio's stock price today?

One share of AppFolio stock can currently be purchased for approximately $49.15.

MarketBeat Community Rating for AppFolio (NASDAQ APPF)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  200
MarketBeat's community ratings are surveys of what our community members think about AppFolio and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for AppFolio (NASDAQ:APPF) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $36.50 (25.74% downside)
Consensus Price Target History for AppFolio (NASDAQ:APPF)
Price Target History for AppFolio (NASDAQ:APPF)
Analysts' Ratings History for AppFolio (NASDAQ:APPF)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/11/2017KeyCorpReiterated RatingBuyLowView Rating Details
8/8/2017Morgan StanleyBoost Price TargetEqual Weight$33.00 -> $38.00HighView Rating Details
8/8/2017Credit Suisse GroupReiterated RatingNeutral$27.00 -> $35.00HighView Rating Details
5/8/2017Pacific CrestReiterated RatingHoldLowView Rating Details
2/28/2017William BlairReiterated RatingOutperform -> PositiveN/AView Rating Details
(Data available from 10/20/2015 forward)


Earnings History for AppFolio (NASDAQ:APPF)
Earnings by Quarter for AppFolio (NASDAQ:APPF)
Earnings History by Quarter for AppFolio (NASDAQ APPF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.07N/AView Earnings Details
5/5/2017Q1 2017($0.07)$0.02$30.20 million$32.13 millionViewN/AView Earnings Details
2/27/2017Q4 2016($0.11)($0.04)$27.04 million$28.01 millionViewListenView Earnings Details
11/7/2016Q3($0.11)($0.03)$27.03 million$28.16 millionViewListenView Earnings Details
2/22/2016Q4($0.15)($0.10)$20.30 million$20.40 millionViewListenView Earnings Details
8/6/2015Q215($0.34)($0.36)$17.10 million$18.43 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for AppFolio (NASDAQ:APPF)
2017 EPS Consensus Estimate: ($0.07)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.07)($0.07)($0.07)
Q2 20171($0.03)($0.03)($0.03)
Q3 20171$0.01$0.01$0.01
Q4 20171$0.02$0.02$0.02
(Data provided by Zacks Investment Research)


Dividend History for AppFolio (NASDAQ:APPF)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for AppFolio (NASDAQ:APPF)
Insider Ownership Percentage: 44.77%
Institutional Ownership Percentage: 20.88%
Insider Trades by Quarter for AppFolio (NASDAQ:APPF)
Institutional Ownership by Quarter for AppFolio (NASDAQ:APPF)
Insider Trades by Quarter for AppFolio (NASDAQ:APPF)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2017Marc StadMajor ShareholderSell198,200$36.18$7,170,876.00View SEC Filing  
8/9/2017Marc StadMajor ShareholderSell2,227$36.75$81,842.25View SEC Filing  
8/8/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell503,300$35.79$18,013,107.00View SEC Filing  
8/3/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell97,800$34.39$3,363,342.00View SEC Filing  
7/27/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell75,000$35.01$2,625,750.00View SEC Filing  
7/25/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell75,000$35.16$2,637,000.00View SEC Filing  
7/13/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell20,911$32.50$679,607.50View SEC Filing  
7/6/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell100,000$31.50$3,150,000.00View SEC Filing  
6/30/2017Marc StadMajor ShareholderSell50,000$32.26$1,613,000.00View SEC Filing  
6/19/2017William E OberndorfInsiderSell220,000$31.25$6,875,000.00View SEC Filing  
6/15/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell50,000$31.00$1,550,000.00View SEC Filing  
6/12/2017Marc StadMajor ShareholderSell400,000$30.00$12,000,000.00View SEC Filing  
5/9/2017William E OberndorfMajor ShareholderSell3,250$27.00$87,750.00View SEC Filing  
4/4/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell400,000$24.80$9,920,000.00View SEC Filing  
3/22/2017Global Fund Ii L.P. DragoneerMajor ShareholderSell240,000$23.50$5,640,000.00View SEC Filing  
3/15/2017Keenan Capital, LlcMajor ShareholderSell203,632$24.01$4,889,204.32View SEC Filing  
2/16/2017Keenan Capital, LlcMajor ShareholderSell6,154$23.79$146,403.66View SEC Filing  
2/14/2017Keenan Capital, LlcMajor ShareholderSell18,800$24.14$453,832.00View SEC Filing  
1/18/2017Brian DonahooCEOSell50,000$22.25$1,112,500.00View SEC Filing  
11/23/2016Keenan Capital, LlcMajor ShareholderSell9,116$22.03$200,825.48View SEC Filing  
11/21/2016Keenan Capital, LlcMajor ShareholderSell22,384$21.68$485,285.12View SEC Filing  
11/16/2016Keenan Capital, LlcMajor ShareholderSell4,315$21.92$94,584.80View SEC Filing  
11/15/2016Keenan Capital, LlcMajor ShareholderSell4,445$21.68$96,367.60View SEC Filing  
11/14/2016Keenan Capital, LlcMajor ShareholderSell2,936$21.97$64,503.92View SEC Filing  
9/30/2016Jason Robert RandallSVPSell7,500$19.44$145,800.00View SEC Filing  
9/19/2016Keenan Capital, LlcMajor ShareholderSell9,118$19.22$175,247.96View SEC Filing  
9/15/2016Keenan Capital, LlcMajor ShareholderSell5,700$19.67$112,119.00View SEC Filing  
8/19/2016Jonathan WalkerInsiderSell60,000$18.00$1,080,000.00View SEC Filing  
5/17/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy345,477$12.70$4,387,557.90View SEC Filing  
5/12/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy19,442$12.47$242,441.74View SEC Filing  
3/28/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy2,949$11.89$35,063.61View SEC Filing  
3/24/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy20,810$11.96$248,887.60View SEC Filing  
3/17/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy8,900$11.94$106,266.00View SEC Filing  
3/14/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy13,700$11.81$161,797.00View SEC Filing  
3/9/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy109,094$11.83$1,290,582.02View SEC Filing  
3/1/2016Jonathan WalkerCTOSell225,000$12.00$2,700,000.00View SEC Filing  
2/23/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy23,000$12.83$295,090.00View SEC Filing  
2/16/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy5,650$12.89$72,828.50View SEC Filing  
2/10/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy119,260$12.91$1,539,646.60View SEC Filing  
2/5/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy158,652$13.01$2,064,062.52View SEC Filing  
2/2/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy20,817$12.98$270,204.66View SEC Filing  
1/28/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy7,307$13.08$95,575.56View SEC Filing  
1/21/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy300$13.10$3,930.00View SEC Filing  
1/20/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy42,866$12.90$552,971.40View SEC Filing  
1/14/2016Global Fund Ii L.P. DragoneerMajor ShareholderBuy65,500$12.98$850,190.00View SEC Filing  
1/13/2016Clarity Ventures, Inc.Major ShareholderBuy26,700$12.90$344,430.00View SEC Filing  
1/7/2016Keenan Capital, LlcMajor ShareholderBuy150,000$13.80$2,070,000.00View SEC Filing  
1/6/2016Clarity Ventures, Inc.Major ShareholderBuy60,179$13.76$828,063.04View SEC Filing  
10/6/2015William E OberndorfMajor ShareholderBuy666,667$16.50$11,000,005.50View SEC Filing  
7/9/2015Maurice J DucaMajor ShareholderBuy13,213$14.11$186,435.43View SEC Filing  
7/7/2015Marc StadMajor ShareholderBuy13,233$13.73$181,689.09View SEC Filing  
7/6/2015William E OberndorfMajor ShareholderBuy9,100$13.95$126,945.00View SEC Filing  
7/2/2015Marc StadMajor ShareholderBuy28,356$13.97$396,133.32View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for AppFolio (NASDAQ:APPF)
Latest Headlines for AppFolio (NASDAQ:APPF)
DateHeadline logoAppFolio, Inc. (APPF) Downgraded to "Hold" at Zacks Investment Research - October 19 at 7:36 PM logoAppFolio, Inc. (APPF) Stock Rating Upgraded by Zacks Investment Research - October 17 at 10:26 PM logoZacks: Analysts Expect AppFolio, Inc. (APPF) Will Announce Earnings of $0.07 Per Share - October 16 at 12:28 PM logoAppFolio, Inc. (APPF) Downgraded by Zacks Investment Research to "Hold" - October 10 at 10:12 PM logoFinancial Comparison: Sapiens International Corporation N.V. (SPNS) versus AppFolio (APPF) - October 7 at 12:18 AM featured highlights: AppFolio, Applied Materials, Crocs and Take Two Interactive Software - October 6 at 9:22 AM logoAppFolio (APPF) vs. Its Peers Critical Analysis - October 3 at 10:56 AM logoAppFolio, Inc. (APPF) Given Consensus Rating of "Buy" by Analysts - October 3 at 2:44 AM logoAppFolio, Inc. (APPF) Expected to Post Quarterly Sales of $36.17 Million - September 29 at 2:48 AM logo$0.07 Earnings Per Share Expected for AppFolio, Inc. (APPF) This Quarter - September 27 at 8:20 PM logoHave Investors Already Priced In AppFolio Inc’s (APPF) Growth? - September 22 at 1:28 PM logoAppFolio Expands Product Offerings for Property Managers - September 20 at 4:41 PM logoAppFolio Announces New Offerings for Property Manager Customers - September 18 at 4:22 PM logoAppFolio, Inc. (APPF) Given Consensus Recommendation of "Buy" by Brokerages - September 8 at 2:44 AM logoAppFolio (APPF) versus Bridgeline Digital (BLIN) Head to Head Survey - September 4 at 10:12 PM logoBull of the Day: AppFolio, Inc. (APPF) - August 31 at 3:48 PM logoEllie Mae (ELLI) and AppFolio (APPF) Critical Survey - August 31 at 4:26 AM logoEarnings Estimates Moving Higher for AppFolio (APPF): Time to Buy? - August 28 at 4:03 PM logoWhy AppFolio (APPF) Isn't Done Growing Earnings Yet - August 25 at 5:33 PM logoSplunk (SPLK) Leads the Rapidly Growing IT Market Per IDC - August 18 at 4:08 PM logoAppFolio (APPF) Hits 52-Week High on Positive '17 Guidance - August 18 at 12:56 AM logoAppFolio (APPF) Hits 52-Week High on Positive '17 Guidance - August 17 at 5:27 PM logoReviewing AppFolio (APPF) and DealerTrack Technologies (TRAK) - August 17 at 2:10 AM logoAppFolio, Inc. (APPF) Receives Average Rating of "Buy" from Analysts - August 14 at 2:44 AM logoETFs with exposure to AppFolio, Inc. : August 11, 2017 - August 11 at 9:29 PM logoAppFolio, Inc. (APPF) Major Shareholder Sells $81,842.25 in Stock - August 11 at 8:56 PM logoAppFolio, Inc. (APPF) Major Shareholder Sells $7,170,876.00 in Stock - August 11 at 7:26 PM logoLooking for a Top Momentum Stock? 3 Reasons Why AppFolio (APPF) is a Great Choice - August 11 at 4:28 PM logoAppFolio, Inc. (NASDAQ:APPF) Earns "Buy" Rating from KeyCorp - August 11 at 10:14 AM logoQ3 2017 EPS Estimates for AppFolio, Inc. (NASDAQ:APPF) Lifted by Analyst - August 11 at 9:48 AM logoNew Strong Buy Stocks for August 10th - August 10 at 5:23 PM logo3 Strong Buy Tech Stocks That Crushed Earnings This Season - August 10 at 5:23 PM logoInsider Selling: AppFolio, Inc. (NASDAQ:APPF) Major Shareholder Sells 503,300 Shares of Stock - August 8 at 7:24 PM logoEdited Transcript of APPF earnings conference call or presentation 7-Aug-17 8:30pm GMT - August 8 at 3:49 PM logoAppFolio, Inc. (APPF) Given Neutral Rating at Credit Suisse Group - August 8 at 9:32 AM logoAppFolio (APPF) Says Jason Randall will Succeed Brian Donahoo as President and CEO - August 8 at 3:09 AM logoAppFolio beats 2Q profit forecasts - August 7 at 9:53 PM logoAppFolio, Inc. Announces Executive Management Transition Jason Randall Appointed President & CEO as Brian Donahoo Retires - August 7 at 4:50 PM logoAppFolio, Inc. Announces Second Quarter 2017 Financial Results - August 7 at 4:50 PM logoWhat's in the Cards for Appfolio (APPF) in Q2 Earnings? - August 4 at 10:04 PM logoAppFolio, Inc. (APPF) Major Shareholder Global Fund Ii L.P. Dragoneer Sells 97,800 Shares - August 3 at 7:32 PM logoWhat's in the Cards for Appfolio (APPF) in Q2 Earnings? - August 3 at 5:25 PM logoETFs with exposure to AppFolio, Inc. : August 1, 2017 - August 1 at 4:56 PM logoAppFolio, Inc. (APPF) Major Shareholder Sells $2,625,750.00 in Stock - July 31 at 7:29 PM logoAppFolio, Inc. (APPF) to Release Quarterly Earnings on Monday - July 31 at 8:05 AM logoAppFolio, Inc. Announces Date of Second Quarter 2017 Financial Results Conference Call - July 26 at 4:36 PM logoAppFolio, Inc. Announces Date of Second Quarter 2017 Financial Results Conference Call - July 26 at 4:36 PM logoAppFolio, Inc. (APPF) Major Shareholder Global Fund Ii L.P. Dragoneer Sells 75,000 Shares - July 25 at 7:28 PM logoAppFolio, Inc. (NASDAQ:APPF) Given Average Recommendation of "Buy" by Brokerages - July 20 at 2:35 PM logoAppFolio, Inc. (NASDAQ:APPF) Price Target Raised to $3.00 - July 20 at 1:46 PM



AppFolio (APPF) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.