AppFolio (NASDAQ:APPF – Get Rating) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, January 26th. Analysts expect the company to announce earnings of ($0.13) per share for the quarter. AppFolio has set its FY 2022 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.
AppFolio (NASDAQ:APPF – Get Rating) last announced its quarterly earnings data on Thursday, October 27th. The software maker reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.50) by $0.38. The business had revenue of $125.08 million during the quarter, compared to analysts’ expectations of $118.90 million. AppFolio had a negative net margin of 11.22% and a negative return on equity of 17.72%. On average, analysts expect AppFolio to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.
AppFolio Price Performance
NASDAQ:APPF opened at $119.07 on Wednesday. The firm has a market capitalization of $4.19 billion, a P/E ratio of -83.27 and a beta of 1.01. The company’s fifty day moving average price is $112.35 and its 200-day moving average price is $107.82. AppFolio has a 1-year low of $79.92 and a 1-year high of $127.74.
Hedge Funds Weigh In On AppFolio
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on APPF shares. StockNews.com lowered AppFolio from a “hold” rating to a “sell” rating in a research note on Saturday, November 19th. KeyCorp reduced their price target on AppFolio from $143.00 to $131.00 and set an “overweight” rating for the company in a research report on Friday, October 14th. Finally, DA Davidson boosted their price target on AppFolio from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $117.00.
AppFolio, Inc, provides industry-specific cloud-based business software solutions, services, and data analytics for the real estate industry. The firm offers AppFolio Property Manager, a property management solution designed to address the operational and business requirements of property management companies and their business ecosystems and AppFolio Investment Management, a cloud-based software solution for real estate investment managers of various sizes that provides tools and services designed to streamline their real estate investment management businesses.
- Get a free copy of the StockNews.com research report on AppFolio (APPF)
- EVgo Stock is Charged Up to Ride the EV Adoption Wave
- Qualcomm Gets a Boost from Analysts, but is it Time to Buy?
- High-Yield, Deep-Value Verizon Puts In A Bottom
- Can Coty Stock Emerge in 2023 With Upside
- Should You Bet Against The Nasdaq 100 With This Inverse ETF?
Receive News & Ratings for AppFolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppFolio and related companies with MarketBeat.com's FREE daily email newsletter.