AppFolio (APPF) Stock Price, News & Analysis

Company Overview

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. It offers AppFolio Property Manager Core, a platform that provides the basic functionalities required to operate a property management business, as well as serves as a system of record; AppFolio Property Manager Plus, which offers housing management, student housing management, complex accounting, leasing insights, large-scale operations support, role-based permissions, stack integrations, and enhanced customer support services; AppFolio Property Manager Max offers customer relationship management functionality, field customization, customer database functionality, and customer success management services; and AppFolio Investment Manager, a software that provides investment management, asset management, and relationship management solutions. The company also provides value-added services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as electronic payment, tenant screening, and insurance services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.

Key Stats

• Today's Range: $230.80 to $236.77
• 50-Day Range: $192.07 to $238.51
• 52-Week Range: $164.29 to $274.56
• Volume: 69,398 shs
• Average Volume: 275,152 shs
• Market Capitalization: $8.59 billion
• P/E Ratio: 65.87
• Dividend Yield: N/A
• Price Target: $261.75
• Consensus Rating: Moderate Buy

AppFolio Stock Analysis - MarketRank™

AppFolio scored higher than 78% of companies evaluated by MarketBeat, and ranked 198th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AppFolio has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

AppFolio has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 32.51%

Earnings Growth

Earnings for AppFolio are expected to grow by 32.51% in the coming year, from $3.23 to $4.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AppFolio is 65.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of AppFolio is 65.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 264.04.

Price to Book Value per Share Ratio

AppFolio has a P/B Ratio of 20.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.47% of the outstanding shares of AppFolio have been sold short.

Short Interest Ratio / Days to Cover

AppFolio has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AppFolio has recently decreased by 6.15%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AppFolio does not currently pay a dividend.

Dividend Growth

AppFolio does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.47% of the outstanding shares of AppFolio have been sold short.

Short Interest Ratio / Days to Cover

AppFolio has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AppFolio has recently decreased by 6.15%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.65

News Sentiment

AppFolio has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for AppFolio this week, compared to 7 articles on an average week.

Search Interest

9 people have searched for APPF on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added AppFolio to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, AppFolio insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,799,618.00 in company stock.

Percentage Held by Insiders

Only 5.24% of the stock of AppFolio is held by insiders.

Percentage Held by Institutions

62.34% of the stock of AppFolio is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

APPF Stock Analysis - Frequently Asked Questions

How have APPF shares performed this year?

AppFolio's stock was trading at $173.24 at the start of the year. Since then, APPF stock has increased by 36.5% and is now trading at $236.4655.
View the best growth stocks for 2024 here.

How were AppFolio's earnings last quarter?

AppFolio, Inc. (NASDAQ:APPF) issued its quarterly earnings results on Thursday, October, 24th. The software maker reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.26. AppFolio's revenue was up 24.5% on a year-over-year basis.

When did AppFolio IPO?

AppFolio (APPF) raised $81 million in an initial public offering (IPO) on Friday, June 26th 2015. The company issued 6,200,000 shares at $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 are AppFolio's major shareholders?

Top institutional investors of AppFolio include Brown Capital Management LLC (2.21%), State Street Corp (1.80%), Geode Capital Management LLC (1.14%) and DF Dent & Co. Inc. (0.97%). Insiders that own company stock include Jonathan Walker, Klaus Schauser, Alexander Wolf, William Shane Trigg, William Shane Trigg, Matthew S Mazza, Janet Kerr, Janet Kerr, Maurice J Duca, Blottnitz Andreas Von, Olivia Nottebohm, Timothy K Bliss and Jason Robert Randall.
View institutional ownership trends.

How do I buy shares of AppFolio?

Shares of APPF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AppFolio own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AppFolio investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Invesco QQQ (QQQ), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:APPF
• CUSIP: N/A
• CIK: 1433195
• Web: www.appfolioinc.com
• Phone: (805) 364-6093
• Fax: N/A
• Employees: 1,504
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $261.75
• High Stock Price Target: $328.00
• Low Stock Price Target: $193.00
• Potential Upside/Downside: +10.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.59
• Trailing P/E Ratio: 65.87
• Forward P/E Ratio: 73.21
• P/E Growth: N/A
• Net Income: $2.70 million
• Net Margins: 17.26%
• Pretax Margin: 20.21%
• Return on Equity: 30.64%
• Return on Assets: 23.53%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.20
• Quick Ratio: 6.20

Sales & Book Value

• Annual Sales: $620.45 million
• Price / Sales: 13.85
• Cash Flow: $1.42 per share
• Price / Cash Flow: 166.67
• Book Value: $11.36 per share
• Price / Book: 20.82

Miscellaneous

• Outstanding Shares: 36,330,000
• Free Float: 34,429,000
• Market Cap: $8.59 billion
• Optionable: Optionable
• Beta: 0.83