The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Applovin Corp (NASDAQ: APP) closed at $338.39 in the last session, down -1.15% from day before closing price of $342.34. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 4.85 million shares were traded. APP stock price reached its highest trading level at $354.905 during the session, while it also had its lowest trading level at $337.12.
Ratios:
We take a closer look at APP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 200.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.20. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 3.74 whereas as Long-Term Debt/Eq ratio is at 3.70.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 19 ’24 when Valenzuela Victoria sold 15,971 shares for $313.07 per share. The transaction valued at 5,000,041 led to the insider holds 372,205 shares of the business.
Chen Herald Y sold 99,000 shares of APP for $32,620,953 on Dec 12 ’24. The Director now owns 621,209 shares after completing the transaction at $329.50 per share. On Dec 11 ’24, another insider, Chen Herald Y, who serves as the Director of the company, sold 100,000 shares for $333.07 each. As a result, the insider received 33,307,352 and left with 621,209 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APP now has a Market Capitalization of 113560985600 and an Enterprise Value of 116503330816. As of this moment, Applovin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 102.39, and their Forward P/E ratio for the next fiscal year is 56.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.47 while its Price-to-Book (P/B) ratio in mrq is 121.00. Its current Enterprise Value per Revenue stands at 27.159 whereas that against EBITDA is 58.959.
Stock Price History:
The Beta on a monthly basis for APP is 2.29, which has changed by 6.90441 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. Over the past 52 weeks, APP has reached a high of $417.64, while it has fallen to a 52-week low of $40.71. The 50-Day Moving Average of the stock is 4.08%, while the 200-Day Moving Average is calculated to be 120.34%.
Shares Statistics:
According to the various share statistics, APP traded on average about 5.79M shares per day over the past 3-months and 4064420 shares per day over the past 10 days. A total of 298.56M shares are outstanding, with a floating share count of 207.21M. Insiders hold about 38.26% of the company’s shares, while institutions hold 55.77% stake in the company. Shares short for APP as of 1735603200 were 18001180 with a Short Ratio of 3.11, compared to 1732838400 on 16937321. Therefore, it implies a Short% of Shares Outstanding of 18001180 and a Short% of Float of 6.25.
