Apptio, Inc. is a provider of technology business management (TBM) solutions. The Company's cloud-based platform and software as a service (SaaS) applications enable information technology (IT) leaders to analyze, optimize and plan technology investments, and benchmark the financial and operational performance against peers. It operates in the United States, the United Kingdom, Germany, Denmark, the Netherlands, Australia, Canada, France and Singapore. Its TBM solutions consist of a cloud-based platform and SaaS applications, which include Cost Transparency, IT Benchmarking, Business Insights, Bill of IT and IT Planning. It serves a range of industries, including financial services, professional services, technology, energy, consumer goods, manufacturing, healthcare, media, retail and transportation, as well as federal and state government agencies. Its cloud-based data and analytics platform aggregates, cleanses and correlates customer data from a range of disparate sources.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Enterprise Software
- Sub-Industry: N/A
- Symbol: NASDAQ:APTI
- CUSIP: N/A
- Web: www.apptio.com
Capitalization:- Market Cap: $702.81 million
- Outstanding Shares: 39,955,000
Average Prices:- 50 Day Moving Avg: $17.45
- 200 Day Moving Avg: $17.45
- 52 Week Range: $12.80 - $24.60
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -32.16
- P/E Growth: 0.36
Sales & Book Value:- Annual Revenue: $174.1 million
- Price / Sales: 4.06
- Book Value: $1.83 per share
- Price / Book: 9.67
Profitability:- EBIDTA: ($22,220,000.00)
- Net Margins: -17.36%
- Return on Equity: -41.76%
- Return on Assets: -15.95%
Debt:- Current Ratio: 1.60%
- Quick Ratio: 1.60%
Misc:- Average Volume: 321,367 shs.
- Short Ratio: 4.87
Frequently Asked Questions for Apptio (NASDAQ:APTI)
What is Apptio's stock symbol?
Apptio trades on the NASDAQ under the ticker symbol "APTI."
How were Apptio's earnings last quarter?
Apptio Inc. (NASDAQ:APTI) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.04. The company had revenue of $45.23 million for the quarter, compared to analyst estimates of $43.72 million. Apptio had a negative return on equity of 41.76% and a negative net margin of 17.36%. Apptio's revenue for the quarter was up 16.6% on a year-over-year basis. View Apptio's Earnings History.
When will Apptio make its next earnings announcement?
Where is Apptio's stock going? Where will Apptio's stock price be in 2017?
8 brokers have issued 12-month target prices for Apptio's shares. Their forecasts range from $18.00 to $29.00. On average, they anticipate Apptio's share price to reach $23.50 in the next year. View Analyst Ratings for Apptio.
Are investors shorting Apptio?
Apptio saw a decrease in short interest in August. As of August 31st, there was short interest totalling 565,865 shares, a decrease of 30.2% from the August 15th total of 810,941 shares. Based on an average daily volume of 184,189 shares, the short-interest ratio is currently 3.1 days. Approximately 2.6% of the company's shares are short sold.
Who are some of Apptio's key competitors?
Some companies that are related to Apptio include Hortonworks (HDP), Talend S.A. (TLND), Varonis Systems (VRNS), Luxoft Holding (LXFT), Instructure (INST), Benefitfocus (BNFT), Mitel Networks Corporation (MITL), Fidessa Group plc (FDSA), Workiva (WK), PROS Holdings (PRO), Sapiens International Corporation N.V. (SPNS), QAD (QADA), QAD (QADB), A10 Networks (ATEN), Upland Software (UPLD), Bazaarvoice (BV), Model N (MODN) and American Software (AMSWA).
Who are Apptio's key executives?
Apptio's management team includes the folowing people:
- Thomas Bogan, Independent Chairman of the Board
- Sunny Gupta, President, Chief Executive Officer, Co-Founder
- Kurt Shintaffer, Chief Financial Officer
- John Cairne Morrow, Executive Vice President, Corporate Development, General Counsel and Secretary
- Ted Kummert, Executive Vice President, Engineering and Cloud Operations
- Christopher Pick, Chief Marketing Officer
- Lawrence Blasko, Chief Revenue Officer
- Ravi Mohan, Director
- Kathleen Ann Philips, Director
- Peter S. Klein, Independent Director
When did Apptio IPO?
(APTI) raised $84 million in an IPO on Friday, September 23rd 2016. The company issued 6,000,000 shares at a price of $13.00-$15.00 per share. Goldman, Sachs, J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and Barclays, Jefferies, RBC Capital Markets and Pacific Crest Securities were co-managers.
Who owns Apptio stock?
Apptio's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (5.21%), SQN Investors LP (3.37%),
SQN INVESTORS LP
(6.30%), GMT Capital Corp (2.54%), Whetstone Capital Advisors LLC (2.06%) and Janus Henderson Group PLC (1.78%). Company insiders that own Apptio stock include Christopher Pick, Greylock Xii Gp Llc and Lawrence Blasko. View Institutional Ownership Trends for Apptio.
Who sold Apptio stock? Who is selling Apptio stock?
Apptio's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Principal Financial Group Inc., Ameriprise Financial Inc. and 1st Global Advisors Inc.. Company insiders that have sold Apptio stock in the last year include Christopher Pick, Greylock Xii Gp Llc and Lawrence Blasko. View Insider Buying and Selling for Apptio.
Who bought Apptio stock? Who is buying Apptio stock?
Apptio's stock was acquired by a variety of institutional investors in the last quarter, including SQN Investors LP, FMR LLC, GMT Capital Corp, Janus Henderson Group PLC, Rubric Capital Management LP, Laurion Capital Management LP, Bank of Montreal Can and Vanguard Group Inc.. View Insider Buying and Selling for Apptio.
How do I buy Apptio stock?
Shares of Apptio 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 Apptio's stock price today?
One share of Apptio stock can currently be purchased for approximately $17.69.
MarketBeat Community Rating for Apptio (NASDAQ APTI)MarketBeat's community ratings are surveys of what our community members think about Apptio 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.
Consensus Ratings for Apptio (NASDAQ:APTI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | $23.50 (32.84% upside) |
Analysts' Ratings History for Apptio (NASDAQ:APTI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/9/2017 | Royal Bank Of Canada | Reiterated Rating | Outperform | $19.00 -> $21.00 | Low |  |
| 7/27/2017 | Oppenheimer Holdings, Inc. | Initiated Coverage | Outperform | $25.00 | High | |
| 4/26/2017 | J P Morgan Chase & Co | Upgrade | Neutral -> Overweight | $16.00 -> $18.00 | High | |
| 2/16/2017 | Barclays PLC | Reiterated Rating | Equal Weight | $24.00 -> $22.00 | N/A | |
| 1/18/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $29.00 | N/A | |
| 10/18/2016 | Goldman Sachs Group, Inc. (The) | Initiated Coverage | Neutral | $21.00 | N/A | |
| 10/18/2016 | Pacific Crest | Initiated Coverage | Overweight | $26.00 | N/A | |
| 10/18/2016 | Bank of America Corporation | Initiated Coverage | Buy | $26.00 | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for Apptio (NASDAQ:APTI)Earnings History by Quarter for Apptio (NASDAQ APTI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | ($0.10) | | | | | N/A | |
| 8/2/2017 | Q2 2017 | ($0.12) | ($0.08) | $43.72 million | $45.23 million | View | Listen | |
| 5/4/2017 | Q1 2017 | ($0.12) | ($0.08) | $42.46 million | $43.90 million | View | Listen | |
| 2/9/2017 | Q416 | ($0.22) | ($0.11) | $42.10 million | $44.30 million | View | Listen | |
| 11/2/2016 | Q316 | ($0.50) | ($0.45) | $37.90 million | $33.30 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Apptio (NASDAQ:APTI)2017 EPS Consensus Estimate: ($0.52)
2018 EPS Consensus Estimate: ($0.09)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.15) | ($0.15) | ($0.15) |
| Q2 2017 | 1 | ($0.14) | ($0.14) | ($0.14) |
| Q3 2017 | 1 | ($0.12) | ($0.12) | ($0.12) |
| Q4 2017 | 1 | ($0.11) | ($0.11) | ($0.11) |
| Q1 2018 | 1 | ($0.03) | ($0.03) | ($0.03) |
| Q2 2018 | 1 | ($0.05) | ($0.05) | ($0.05) |
| Q3 2018 | 1 | $0.00 | $0.00 | $0.00 |
| Q4 2018 | 1 | ($0.01) | ($0.01) | ($0.01) |
(Data provided by Zacks Investment Research)
Dividend History for Apptio (NASDAQ:APTI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Apptio (NASDAQ:APTI)Insider Ownership Percentage: 43.20%
Institutional Ownership Percentage: 45.25%
Insider Trades by Quarter for Apptio (NASDAQ:APTI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/25/2017 | Christopher Pick | Insider | Sell | 170,000 | $16.05 | $2,728,500.00 | |
| 5/9/2017 | Greylock Xii Gp Llc | Major Shareholder | Sell | 3,009,883 | $13.00 | $39,128,479.00 | |
| 5/8/2017 | Lawrence Blasko | CRO | Sell | 5,000 | $13.51 | $67,550.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Apptio (NASDAQ:APTI)
Latest Headlines for Apptio (NASDAQ:APTI)
| Source: |
|
| Date | Headline |
|---|
 | Apptio Inc. (APTI) Sees Large Decrease in Short Interest
www.americanbankingnews.com - September 17 at 1:20 AM |
 | Will Apptio (APTI) Crush Estimates at Its Next Earnings Report? - Nasdaq
www.nasdaq.com - September 12 at 4:13 PM |
 | Will Apptio (APTI) Crush Estimates at Its Next Earnings Report?
finance.yahoo.com - September 12 at 4:13 PM |
| ETFs with exposure to Apptio, Inc. : September 12, 2017
finance.yahoo.com - September 12 at 1:50 AM |
| Apptio, Inc. breached its 50 day moving average in a Bearish Manner : APTI-US : September 11, 2017
finance.yahoo.com - September 11 at 3:49 PM |
| Apptio, Inc. :APTI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 4:24 PM |
| Logitech (LOGI) Expands Wireless Accessories Portfolio - Nasdaq
www.nasdaq.com - August 31 at 8:53 PM |
| Apptio Inc. (APTI) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 29 at 10:48 PM |
| Chegg, Kaplan Test Prep Team Up to Offer Test Prep Services - Nasdaq
www.nasdaq.com - August 29 at 9:17 PM |
| Apptio, Inc. breached its 50 day moving average in a Bullish Manner : APTI-US : August 29, 2017
finance.yahoo.com - August 29 at 4:16 PM |
| Short Interest in Apptio Inc. (APTI) Declines By 25.4%
www.americanbankingnews.com - August 29 at 1:08 AM |
| Zacks: Analysts Anticipate Apptio Inc. (APTI) Will Post Quarterly Sales of $44.80 Million
www.americanbankingnews.com - August 20 at 5:28 AM |
| -$0.21 EPS Expected for Apptio Inc. (APTI) This Quarter
www.americanbankingnews.com - August 18 at 2:24 PM |
| Apptio (APTI) versus Paycom Software (PAYC) Critical Review
www.americanbankingnews.com - August 17 at 6:28 AM |
| Here's Why You Should Offload F5 Networks (FFIV) Stock
www.nasdaq.com - August 10 at 5:28 PM |
| How Much Do IT Services and Assets Really Cost? Flexera Partners with Apptio to Know Once and for All
finance.yahoo.com - August 9 at 4:07 PM |
| Apptio, Inc. breached its 50 day moving average in a Bearish Manner : APTI-US : August 7, 2017
finance.yahoo.com - August 7 at 4:49 PM |
| Apptio Inc. (NASDAQ:APTI) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 5 at 12:38 AM |
| Edited Transcript of APTI earnings conference call or presentation 2-Aug-17 9:00pm GMT
finance.yahoo.com - August 3 at 10:27 PM |
| Apptio, Inc. – Value Analysis (NASDAQ:APTI) : August 4, 2017
finance.yahoo.com - August 3 at 10:27 PM |
| Apptio reports 2Q loss
finance.yahoo.com - August 2 at 9:50 PM |
| Apptio Inc. (APTI) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - August 2 at 9:26 PM |
| Apptio Announces Results for the Second Quarter of 2017
finance.yahoo.com - August 2 at 4:47 PM |
| $43.73 Million in Sales Expected for Apptio Inc. (NASDAQ:APTI) This Quarter
www.americanbankingnews.com - August 2 at 8:30 AM |
| Apptio Inc. (NASDAQ:APTI) Now Covered by Analysts at Oppenheimer Holdings, Inc.
www.americanbankingnews.com - July 27 at 10:27 PM |
| New Apptio App Empowers IT Finance Pros To Spend Smarter On Tech
finance.yahoo.com - July 26 at 4:35 PM |
| New Apptio App Empowers IT Finance Pros To Spend Smarter On Tech
finance.yahoo.com - July 26 at 4:35 PM |
| Apptio Inc. (APTI) to Release Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:20 AM |
| Apptio, Inc. breached its 50 day moving average in a Bullish Manner : APTI-US : July 21, 2017
finance.yahoo.com - July 21 at 4:33 PM |
| Analyzing Luxoft Holding (LXFT) & Apptio (NASDAQ:APTI)
www.americanbankingnews.com - July 18 at 9:55 AM |
| Apptio Inc. (APTI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - July 11 at 12:41 AM |
| ETFs with exposure to Apptio, Inc. : July 10, 2017
finance.yahoo.com - July 10 at 3:59 PM |
| ETFs with exposure to Apptio, Inc. : July 10, 2017
finance.yahoo.com - July 10 at 3:59 PM |
| Brokerages Expect Apptio Inc. (APTI) Will Post Quarterly Sales of $43.85 Million
www.americanbankingnews.com - July 9 at 10:24 AM |
| -$0.22 EPS Expected for Apptio Inc. (APTI) This Quarter
www.americanbankingnews.com - July 7 at 8:55 AM |
| Apptio Inc. (NASDAQ:APTI) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 5 at 9:54 PM |
| Apptio, Inc. Announces Date Of Second Quarter 2017 Financial Results
finance.yahoo.com - July 5 at 4:32 PM |
| ETFs with exposure to Apptio, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 3:44 PM |
| ETFs with exposure to Apptio, Inc. : June 16, 2017
finance.yahoo.com - June 16 at 4:18 PM |
| European Companies Could Uncover €58bn In Technology Savings With Apptio
finance.yahoo.com - June 15 at 5:17 PM |
| Apptio, Inc. :APTI-US: Earnings Analysis: Q1, 2017 By the Numbers : June 15, 2017
finance.yahoo.com - June 15 at 5:17 PM |
| Apptio Inc. (APTI) Expected to Post Quarterly Sales of $43.85 Million
www.americanbankingnews.com - June 15 at 12:52 PM |
| Analysts Expect Apptio Inc. (APTI) to Post -$0.22 EPS
www.americanbankingnews.com - June 13 at 7:32 AM |
| Apptio Inc (APTI) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - June 1 at 9:44 PM |
| Apptio Appoints Zillow Group CFO Kathleen Philips To Board Of Directors
finance.yahoo.com - June 1 at 8:52 PM |
| Apptio Inc (APTI) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - May 26 at 8:42 PM |
| Apptio Inc (APTI) Insider Christopher Pick Sells 170,000 Shares
www.americanbankingnews.com - May 26 at 7:20 PM |
| Eight Agencies Within The Swedish Government Turn To Technology Business Management (TBM) To Manage Their Technology Investments
finance.yahoo.com - May 26 at 2:17 AM |
| Apptio Announces Real-Time Analytics For Public Cloud Costs In AWS
finance.yahoo.com - May 23 at 8:29 AM |
| How Is Technology Moving The Business Forward? New Metrics From Apptio Help Business Leaders Find Out
finance.yahoo.com - May 23 at 8:29 AM |
Apptio (APTI) Chart for Wednesday, September, 20, 2017
