AppFolio (APPF) Advances But Underperforms Market: Key Facts

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]