AppFolio (APPF) Projected to Post Earnings on Thursday

AppFolio (NASDAQ:APPF - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, April 24th. Analysts expect AppFolio to post earnings of $1.23 per share and revenue of $220.95 million for the quarter. AppFolio has set its FY 2025 guidance at EPS.Individual that wish to listen to the company's earnings conference call can do so using this link.

AppFolio (NASDAQ:APPF - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The software maker reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.92 by ($0.34). AppFolio had a return on equity of 26.21% and a net margin of 25.69%. On average, analysts expect AppFolio to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

AppFolio Trading Up 0.4 %

NASDAQ APPF traded up $0.86 on Friday, reaching $218.78. The company's stock had a trading volume of 163,421 shares, compared to its average volume of 264,747. The firm has a market cap of $7.96 billion, a PE ratio of 39.42 and a beta of 0.86. AppFolio has a 52 week low of $189.01 and a 52 week high of $274.56. The business has a 50-day moving average price of $217.92 and a 200 day moving average price of $231.20.

Insider Activity

In other news, Director Alexander Wolf bought 9,678 shares of the stock in a transaction on Thursday, February 13th. The stock was purchased at an average price of $214.81 per share, with a total value of $2,078,931.18. Following the completion of the purchase, the director now owns 3,226 shares of the company's stock, valued at approximately $692,977.06. This trade represents a -150.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO William Shane Trigg sold 3,501 shares of AppFolio stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $217.27, for a total transaction of $760,662.27. Following the transaction, the chief executive officer now directly owns 83,824 shares in the company, valued at approximately $18,212,440.48. This represents a 4.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.24% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on APPF shares. William Blair reissued an "outperform" rating on shares of AppFolio in a report on Friday, January 31st. KeyCorp cut shares of AppFolio from an "overweight" rating to a "sector weight" rating and set a $253.00 price objective for the company. in a research report on Friday, January 10th. DA Davidson lowered their target price on AppFolio from $300.00 to $275.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Piper Sandler reaffirmed a "neutral" rating and set a $265.00 price target on shares of AppFolio in a research note on Friday, January 31st. Finally, Stephens reissued an "overweight" rating and set a $295.00 price objective on shares of AppFolio in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, AppFolio presently has a consensus rating of "Hold" and a consensus price target of $272.71.

About AppFolio

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.