FolioSpace gives AppFolio property management customers new ways to deliver exceptional value and experiences to their residents AppFolio acquires LiveEasy to integrate convenient moving and home services into FolioSpace SANTA BARBARA, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ: APPF), the technology leader powering the future of the real estate industry, today unveiled FolioSpace™, a next-generation resident experience that redefines how property managers and renters connect throughout the ...

Company Performance - AppFolio (APPF) closed at $226.53, with a slight increase of +0.11% from the previous session, underperforming the S&P 500 which gained 0.77% [1] - Over the last month, AppFolio's shares increased by 0.19%, lagging behind the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 4.87% [1] - The upcoming earnings report is scheduled for October 24, 2024, with an expected EPS of $1.02, representing a 72.88% increase year-over-year, and projected revenue of $198.52 million, up 20% from the prior-year quarter [1] Annual Estimates - For the full year, Zacks Consensus Estimates project earnings of $4.20 per share and revenue of $777.91 million, reflecting increases of +145.61% and +25.38% respectively from the previous year [2] Analyst Sentiment - Recent changes to analyst estimates for AppFolio indicate a positive outlook, as estimate revisions are correlated with near-term stock prices [2] - The Zacks Rank system currently rates AppFolio as 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [3] Valuation Metrics - AppFolio has a Forward P/E ratio of 53.9, which is a premium compared to the industry average Forward P/E of 31.76 [3] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 78, placing it in the top 31% of over 250 industries [3]

Company Performance - AppFolio (APPF) closed at $223.31, reflecting a -1.68% change from the previous day, which is less than the S&P 500's daily loss of 0.96% [1] - The stock has increased by 1.88% over the past month, underperforming compared to the Computer and Technology sector's gain of 7.35% and the S&P 500's gain of 4.3% [1] - The upcoming earnings disclosure is anticipated, with an expected EPS of $1.02, indicating a 72.88% growth year-over-year, and projected revenue of $198.52 million, up 20% from the previous year [1] Full Year Estimates - For the full year, the Zacks Consensus Estimates project earnings of $4.20 per share and revenue of $777.91 million, reflecting increases of +145.61% and +25.38% respectively from the prior year [2] - Changes in analyst estimates are crucial as they often indicate the company's business health and profitability outlook [2] Zacks Rank and Valuation - AppFolio currently holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [3] - The company is trading at a Forward P/E ratio of 54.1, which is a premium compared to the industry's average Forward P/E of 30.53 [3] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries [3]

Company Performance - AppFolio's stock closed at $235.40, reflecting a +0.37% change from the previous trading day, underperforming the S&P 500's daily gain of 0.42% [1] - Over the past month, AppFolio's shares gained 1.1%, while the Computer and Technology sector and the S&P 500 gained 1.78% and 2.06%, respectively [1] - The upcoming earnings report is expected to show an EPS of $1.02, representing a 72.88% increase from the prior-year quarter, with projected revenue of $198.52 million, up 20% year-over-year [1] Full Year Estimates - For the full year, analysts expect earnings of $4.20 per share and revenue of $777.91 million, marking increases of +145.61% and +25.38% from the previous year [2] - Recent adjustments to analyst estimates indicate changing business trends, with positive revisions suggesting optimism regarding the company's profitability [2] Zacks Rank and Valuation - AppFolio currently holds a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 55.87, indicating a premium compared to the industry's average Forward P/E of 30.96 [3] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 83, placing it in the top 33% of over 250 industries [3] Industry Performance - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with the top 50% of rated industries outperforming the bottom half by a factor of 2 to 1 [4]

Core Insights - AppFolio is hosting FUTURE: The Real Estate Conference from October 28-30, 2024, in San Diego, CA, aimed at real estate professionals and industry leaders [1][2] Group 1: Conference Details - The conference will feature keynote speakers including New York Times 1 Best-Selling Author Daniel Pink and Three-Time Olympic Gold Medalist Kerri Walsh Jennings [1] - Attendees can participate in over 45 sessions led by more than 60 industry speakers, covering various topics relevant to the real estate sector [1] - The event will include a musical performance by the R&B group Boyz II Men at the Rady Shell [1] Group 2: Objectives and Offerings - The conference aims to provide insights into innovation that will transform business results, focusing on AI, affordable housing, and resident experience [1] - Attendees will have the opportunity to discover new proptech solutions and innovations through product demos and networking with industry leaders [1][2] - Hands-on training sessions will be available for current AppFolio customers to master workflows and achieve business goals [1] Group 3: Sponsorship and Venue - The conference has various sponsorship tiers, including Platinum, Gold, and Silver sponsors, showcasing a range of companies in the real estate technology space [3] - The event will take place at the Marriott Marquis San Diego Marina, providing a central location for attendees [3]

Group 1 - AppFolio (APPF) has returned 36.3% year-to-date, outperforming the average return of 23% for the Computer and Technology sector [2][3] - The Zacks Consensus Estimate for AppFolio's full-year earnings has increased by 6.5% over the past quarter, indicating improved analyst sentiment [2] - AppFolio belongs to the Internet - Software industry, which has an average return of 21.6% this year, further highlighting its strong performance [3] Group 2 - HashiCorp, Inc. (HCP) has also outperformed the sector with a return of 43.1% year-to-date [2] - The consensus EPS estimate for HashiCorp has increased by 40.9% over the past three months, reflecting a positive earnings outlook [3] - Both AppFolio and HashiCorp are positioned well within their industry, suggesting potential for continued strong performance [3]

AppFolio (APPF) closed the latest trading day at $236.19, indicating a +1.03% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.15%.Heading into today, shares of the property management software maker had gained 1.89% over the past month, outpacing the Computer and Technology sector's loss of 0.02% and lagging the S&P 500's gain of 2% in t ...

AppFolio (APPF) ended the recent trading session at $224.12, demonstrating a +1.52% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 1.07%. Meanwhile, the Dow gained 0.31%, and the Nasdaq, a tech-heavy index, added 2.17%.Prior to today's trading, shares of the property management software maker had gained 1.66% over the past month. This has outpaced the Computer and Technology sector's loss of 0.16% and lagged the S&P 500's gain of 2.92% in that time ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about AppFolio (APPF) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AppFolio currently has an average brokerag ...

In the latest market close, AppFolio (APPF) reached $228.28, with a +0.75% movement compared to the previous day. This change outpaced the S&P 500's 0.3% loss on the day. Meanwhile, the Dow experienced a drop of 0.54%, and the technology-dominated Nasdaq saw an increase of 0.25%.Shares of the property management software maker have appreciated by 7.03% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.22% and the S&P 500's gain of 3.42%.Market participants will ...