AppFolio Company Profile (NASDAQ:APPF)

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

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

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

5 brokers have issued twelve-month target prices for AppFolio's stock. Their predictions range from $35.00 to $38.00. On average, they anticipate AppFolio's share price to reach $36.50 in the next year. View Analyst Ratings for AppFolio.

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

• 1. 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)
• 2. 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. " (8/10/2017)
• 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)

Some companies that are related to AppFolio include Ringcentral (RNG), Ellie Mae (ELLI), HubSpot (HUBS), Envestnet (ENV), The Descartes Systems Group (DSGX), Ebix (EBIX), Q2 Holdings (QTWO), MicroStrategy Incorporated (MSTR), Appian Corporation (APPN), Talend S.A. (TLND), Hortonworks (HDP), Varonis Systems (VRNS), Luxoft Holding (LXFT), Instructure (INST), Mitel Networks Corporation (MITL), Benefitfocus (BNFT), Workiva (WK) and Fidessa Group plc (FDSA).

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

(APPF) raised $81 million in an 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 acted as the underwriters for the IPO and Pacific Crest Securities and William Blair were co-managers.

AppFolio's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include STAD MARC (16.19%), STAD MARC (9.61%), Oberndorf William E (2.47%), KEENAN CAPITAL, LLC (5.30%), Vanguard Group Inc. (1.35%) and Glynn Capital Management LLC (0.74%). 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.

AppFolio's stock was sold by a variety of institutional investors in the last quarter, including Oberndorf William E and California State Teachers Retirement System. Company insiders that have sold AppFolio stock in the last year include Brian Donahoo, Global Fund Ii LP Dragoneer, Jason Robert Randall, Keenan Capital, Llc, Marc Stad and William E Oberndorf. View Insider Buying and Selling for AppFolio.

AppFolio's stock was purchased by a variety of institutional investors in the last quarter, including Glynn Capital Management LLC, Laurion Capital Management LP, Arrowstreet Capital Limited Partnership, OxFORD Asset Management LLP, Vanguard Group Inc., Nationwide Fund Advisors, Chicago Equity Partners LLC and Zacks Investment Management. Company insiders that have bought AppFolio stock in the last two years include Clarity Ventures, Inc, Global Fund Ii LP Dragoneer, Keenan Capital, Llc and William E Oberndorf. View Insider Buying and Selling for AppFolio.

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.

One share of AppFolio stock can currently be purchased for approximately $46.15.