For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Applovin Corp (NASDAQ: APP) closed the day trading at $410.45 down -1.17% from the previous closing price of $415.31. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 8.09 million shares were traded.
Ratios:
For a better understanding of APP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 188.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.64. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 3.26 whereas as Long-Term Debt/Eq ratio is at 3.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on January 10, 2025, initiated with a Buy rating and assigned the stock a target price of $375.
On November 20, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $400.
Daiwa Securities Upgraded its Neutral to Outperform on November 08, 2024, whereas the target price for the stock was revised from $80 to $280.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 24 ’25 when Foroughi Arash Adam sold 44,400 shares for $410.89 per share. The transaction valued at 18,243,452 led to the insider holds 2,869,492 shares of the business.
Foroughi Arash Adam sold 45,000 shares of APP for $18,999,624 on Feb 21 ’25. The CEO & Chairperson now owns 2,914,492 shares after completing the transaction at $422.21 per share. On Feb 24 ’25, another insider, Foroughi Arash Adam, who serves as the CEO & Chairperson of the company, sold 600 shares for $396.93 each. As a result, the insider received 238,155 and left with 2,913,892 shares of the company.
Valuation Measures:
As of this moment, Applovin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 90.40, and their Forward P/E ratio for the next fiscal year is 41.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 29.64 while its Price-to-Book (P/B) ratio in mrq is 128.07.
Stock Price History:
Over the past 52 weeks, APP has reached a high of $525.15, while it has fallen to a 52-week low of $56.45. The 50-Day Moving Average of the stock is 13.06%, while the 200-Day Moving Average is calculated to be 114.93%.
Shares Statistics:
A total of 309.35M shares are outstanding, with a floating share count of 208.91M. Insiders hold about 38.56% of the company’s shares, while institutions hold 60.77% stake in the company.
