Equities analysts expect AppFolio Inc (NASDAQ:APPF) to announce $0.09 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for AppFolio’s earnings. The lowest EPS estimate is $0.04 and the highest is $0.13. The company is scheduled to issue its next earnings results on Monday, February 26th.

On average, analysts expect that AppFolio will report full-year earnings of $0.41 per share for the current fiscal year, with EPS estimates ranging from $0.36 to $0.45. For the next year, analysts anticipate that the firm will post earnings of $0.59 per share, with EPS estimates ranging from $0.33 to $0.91. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover AppFolio.

AppFolio (NASDAQ:APPF) last announced its quarterly earnings data on Monday, November 6th. The software maker reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.03. The business had revenue of $37.90 million for the quarter, compared to the consensus estimate of $36.16 million. AppFolio had a net margin of 4.37% and a return on equity of 7.91%. The company’s revenue was up 34.6% on a year-over-year basis.

APPF has been the topic of a number of recent research reports. BidaskClub upgraded shares of AppFolio from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 17th. Zacks Investment Research downgraded shares of AppFolio from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 10th. KeyCorp reiterated a “hold” rating on shares of AppFolio in a research note on Monday, November 6th. Finally, Morgan Stanley lifted their price target on shares of AppFolio from $38.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 14th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company’s stock. AppFolio presently has an average rating of “Buy” and an average target price of $43.00.

Shares of AppFolio (NASDAQ:APPF) opened at $41.65 on Tuesday. The stock has a market cap of $1,410.46, a price-to-earnings ratio of 259.69 and a beta of 0.61. AppFolio has a 52 week low of $21.63 and a 52 week high of $52.25.

In related news, insider Jonathan Walker sold 30,000 shares of AppFolio stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $44.58, for a total value of $1,337,400.00. Following the completion of the transaction, the insider now directly owns 1,554,025 shares of the company’s stock, valued at $69,278,434.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Janet Kerr sold 1,576 shares of AppFolio stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $43.08, for a total value of $67,894.08. Following the completion of the transaction, the director now directly owns 17,189 shares of the company’s stock, valued at $740,502.12. The disclosure for this sale can be found here. Insiders own 44.77% of the company’s stock.

Large investors have recently made changes to their positions in the business. Sei Investments Co. raised its holdings in AppFolio by 50,928.6% during the 2nd quarter. Sei Investments Co. now owns 3,572 shares of the software maker’s stock worth $117,000 after purchasing an additional 3,565 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in AppFolio during the 2nd quarter worth about $178,000. Parametric Portfolio Associates LLC bought a new stake in AppFolio during the 2nd quarter worth about $214,000. Cubist Systematic Strategies LLC bought a new stake in AppFolio during the 3rd quarter worth about $236,000. Finally, Bessemer Group Inc. bought a new stake in AppFolio during the 2nd quarter worth about $241,000. 24.85% of the stock is owned by hedge funds and other institutional investors.

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AppFolio Company Profile

AppFolio, Inc is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. The Company’s mobile-optimized software solutions enable its customers to work at any time and from anywhere across multiple devices.

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