AppFolio Shares Dip 2.4% to $185.16 Despite Projected 18% EPS Growth
Shares of AppFolio closed at $185.16, down 2.4%, underperforming the S&P 500’s 0.21% loss in the latest session. Consensus forecasts project Q1 EPS of $1.43 (+18.2%) and revenue of $258.0M (+18.5%), full-year EPS of $6.36 and revenue of $1.11B, with a Zacks Rank of #3 and a 29.8 forward P/E.
1. Stock Performance and Market Comparison
AppFolio shares closed at $185.16, marking a 2.4% decline that outpaced the S&P 500’s 0.21% drop but lagged the Nasdaq’s 0.01% gain. Prior to this session, the stock had gained 3.22%, outperforming the Computer and Technology sector’s 3.04% loss and the S&P 500’s 2.26% decline.
2. Q1 Earnings and Revenue Projections
Analysts project AppFolio will report Q1 EPS of $1.43, an 18.18% increase from a year ago, and revenue of $258.04 million, up 18.53% year-over-year. These estimates reflect continued growth momentum in the property management software market.
3. Full-Year Estimates and Analyst Sentiment
Full-year consensus calls for EPS of $6.36, a 20.23% rise, and revenue of $1.11 billion, up 16.72%. The company holds a Zacks Rank of #3 (Hold), with the consensus EPS estimate unchanged over the past 30 days.
4. Valuation and Industry Ranking
AppFolio trades at a forward P/E of 29.84, a premium to the Internet-Software industry average of 20.77. The industry ranks 146th out of over 250, placing it in the bottom 41% by average analyst ranking.