AppLovin logged a -0.3% change during today's morning session, and is now trading at a price of $76.11 per share. The S&P 500 index moved -0.0%. APP's trading volume is 405,056 compared to the stock's average volume of 4,509,672.
AppLovin trades 8.68% away from its average analyst target price of $70.03 per share. The 16 analysts following the stock have set target prices ranging from $38.0 to $88.0, and on average have given AppLovin a rating of buy.
If you are considering an investment in APP, you'll want to know the following:
-
AppLovin's current price is 770.8% above its Graham number of $8.74, which implies that at its current valuation it does not offer a margin of safety
-
AppLovin has moved 366.6% over the last year, and the S&P 500 logged a change of 24.5%
-
Based on its trailing earnings per share of 0.98, AppLovin has a trailing 12 month Price to Earnings (P/E) ratio of 77.7 while the S&P 500 average is 15.97
-
APP has a forward P/E ratio of 24.3 based on its forward 12 month price to earnings (EPS) of $3.13 per share
-
The company has a price to earnings growth (PEG) ratio of 1.51 — a number near or below 1 signifying that AppLovin is fairly valued compared to its estimated growth potential
-
Its Price to Book (P/B) ratio is 20.59 compared to its sector average of 7.92
-
AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally.
-
Based in Palo Alto, the company has 1,717 full time employees and a market cap of $25.23 Billion.