AppFolio Inc (NASDAQ: APPF) has reported E.P.S. of $1.07 for its first fiscal quarter (ending March 31) versus $-0.99 for the same period a year ago. E.P.S. were $2.13 for the latest four quarters through March 31 versus $-2.53 for the same period a year ago.
Recent Price Action
AppFolio Inc (NASDAQ: APPF) stock closed at $216.65 on 4/25/24 after a modest gain of 0.3%. Moreover, trading volume in this advance was unusually high at 189% of normal. The stock is unchanged during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, APPF is expected to continue to be a major Value Builder.
AppFolio has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AppFolio has a very low Appreciation Score of 13 but a very high Power Rating of 89, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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