News articles about AppFolio (NASDAQ:APPF) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. AppFolio earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 47.7681946973613 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- AppFolio Buys WegoWise, Gains Robust Analytics Capabilities (finance.yahoo.com)
- Property Management Software Market 2018: prominent growth with study of the development of new products … (countytelegram.com)
- AppFolio, Inc. (streetinsider.com)
- AppFolio acquires utility-tracking software company (seekingalpha.com)
- AppFolio Acquires Utility Analytics Company (finance.yahoo.com)
A number of research analysts recently commented on the stock. BidaskClub raised shares of AppFolio from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 16th. Zacks Investment Research raised shares of AppFolio from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a report on Thursday, August 2nd. Morgan Stanley increased their price target on shares of AppFolio from $52.00 to $56.00 and gave the company a “sell” rating in a report on Tuesday, July 31st. Finally, TheStreet raised shares of AppFolio from a “c” rating to a “b-” rating in a report on Monday, June 25th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $70.50.
AppFolio stock opened at $85.55 on Friday. AppFolio has a 1-year low of $37.56 and a 1-year high of $89.20. The stock has a market capitalization of $2.94 billion, a P/E ratio of 305.54 and a beta of 0.87.
AppFolio (NASDAQ:APPF) last posted its quarterly earnings data on Monday, July 30th. The software maker reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.02. AppFolio had a net margin of 10.92% and a return on equity of 20.10%. The company had revenue of $47.24 million for the quarter, compared to analyst estimates of $45.55 million. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. equities research analysts predict that AppFolio will post 0.69 earnings per share for the current fiscal year.
AppFolio, Inc provides industry-specific cloud-based software solutions for small and medium-sized businesses in the property management and legal industries. It offers AppFolio Property Manager, a cloud-based software solution for the real estate market that provides property managers of various sizes and tools and services designed to streamline their property management businesses, such as posting and tracking vacancies, leasing vacant properties, and accounting, as well as facilitating tenant, owner, and vendor communications.
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