AppFolio Inc (NASDAQ: APPF) has reported earnings for its third fiscal quarter (ending September 30) of $0.91 versus $0.74 for the same period a year ago — an increase of 23%. For the latest four quarters through September 30, E.P.S. were $3.65 compared to $-1.34 a year ago — a decline of -372%.
Recent Price Action
AppFolio Inc (NASDAQ: APPF) stock declined modestly by -1.8% on 10/24/24. The stock closed at $192.07. Moreover, exceptionally high trading volume at 284% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -5.5% during the last week.
Current PriceTarget Research Rating
APPF is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
AppFolio has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. AppFolio has a neutral Power Rating of 48 but a poor Appreciation Score of 22, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment