In the latest quarter, 4 analysts provided ratings for AppFolio (APPF), showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Rating | Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | Total Ratings |
|—————-|———|——————|————-|——————|———|—————|
| Last 30 Days | 0 | 1 | 0 | 0 | 0 | 1 |
| 1 Month Ago | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 Months Ago | 0 | 3 | 0 | 0 | 0 | 3 |
| 3 Months Ago | 0 | 0 | 0 | 0 | 0 | 0 |
Insights from analysts’ 12-month price targets are revealed, presenting an average target of $249.0, a high estimate of $264.00, and a low estimate of $237.00. This upward trend is apparent, with the current average reflecting a 3.46% increase from the previous average price target of $240.67.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive AppFolio is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
– Jason Celino from Keybanc raises the rating to Overweight with a current price target of $264.00 (up from $254.00).
– John Campbell from Stephens & Co. maintains the Overweight rating with a current price target of $241.00.
– Alexei Gogolev from JP Morgan raises the rating to Overweight with a current price target of $237.00 (up from $228.00).
Key Insights:
– Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations.
– Rating: Analysts provide qualitative assessments, reflecting expectations for the relative performance of AppFolio compared to the broader market.
– Price Targets: Analysts provide estimates for the future value of AppFolio’s stock, revealing trends in analysts’ expectations over time.
A Deep Dive into AppFolio’s Financials
Market Capitalization Analysis: AppFolio’s market capitalization is below the industry average, suggesting it is relatively smaller compared to peers.
Revenue Growth: AppFolio’s revenue growth over a period of 3 months has been noteworthy, with a growth rate of approximately 38.51%.
Net Margin: AppFolio’s net margin surpasses industry averages, indicating strong profitability and effective cost management.
Return on Equity (ROE): AppFolio’s ROE surpasses industry standards, highlighting exceptional financial performance.
Return on Assets (ROA): AppFolio’s ROA surpasses industry standards, indicating effective asset utilization for optimal returns.
Debt Management: AppFolio maintains a balanced debt approach with a debt-to-equity ratio below industry norms.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts attend company conference calls, research financial statements, and communicate with insiders to publish their ratings on stocks. It is important to keep in mind that analysts are offering their opinions to investors based on their research and analysis.
Keep track of updated analyst ratings and analyst success scores in Benzinga Pro for informed decision-making.
