Essential Report for APP Investors – A Quick Overview

By Harris Dyer • Friday, October 03 10:13 • Permanent Link

Large-cap Technology company Applovin has moved -0.6% so far today on a volume of 986,546, compared to its average of 7,222,350. In contrast, the S&P 500 index moved 0.0%.

Applovin trades 10.73% away from its average analyst target price of $613.59 per share. The 22 analysts following the stock have set target prices ranging from $250.0 to $860.0, and on average have given Applovin a rating of buy.

Anyone interested in buying APP should be aware of the facts below:

Applovin's current price is 3702.2% above its Graham number of $17.87, which implies that at its current valuation it does not offer a margin of safety
Applovin has moved 389.5% over the last year, and the S&P 500 logged a change of 16.8%
Based on its trailing earnings per share of 7.25, Applovin has a trailing 12 month Price to Earnings (P/E) ratio of 93.7 while the S&P 500 average is 29.3
APP has a forward P/E ratio of 131.7 based on its forward 12 month price to earnings (EPS) of $5.16 per share
Its Price to Book (P/B) ratio is 197.23 compared to its sector average of 4.19
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 1,533 full time employees and a market cap of $229.82 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.