Appian Corporation [APPN] is -8.43% lower this YTD. Is it still time to buy?

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Appian Corporation [NASDAQ: APPN] closed the trading session at $148.43 on 03/18/21. The day’s price range saw the stock hit a low of $146.81, while the highest price level was $163.49. The company report on March 18, 2021 that /C O R R E C T I O N — Appian/.

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In the news release, HP Hood Deploys Appian Workforce Safety Solution with Vaccination Insights, issued 17-Mar-2021 by Appian over PR Newswire, we are advised by the company that the quote in the second paragraph should be revised. The complete, corrected release follows:.


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Appian (NASDAQ: APPN) announced that HP Hood LLC, one of the largest branded food and beverage companies in the United States, is using the Appian Workforce Safety solution to support safely returning 3,387 Hood® employees to the workplace across 15 sites. Appian has worked to evolve the solution throughout the COVID-19 pandemic. The solution now includes Vaccination Insights, giving employers the vaccination status, COVID-19 history, and other data they need to make smart decisions on when and how to safely, effectively, and confidently return employees to the workplace across facilities and regions. View the Workforce Safety video to learn more.

The stocks have a year to date performance of -8.43 percent and weekly performance of -14.66 percent. The stock has been moved at 145.14 percent over the last six months. The stock has performed -31.49 percent around the most recent 30 days and changed 3.21 percent over the most recent 3-months.

If compared to the average trading volume of 1.28M shares, APPN reached to a volume of 1428176 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Appian Corporation [APPN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for APPN shares is $144.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on APPN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Macquarie have made an estimate for Appian Corporation shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on January 06, 2021. The new note on the price target was released on December 01, 2020, representing the official price target for Appian Corporation stock. Previously, the target price had yet another raise from $48 to $84, while Goldman kept a Neutral rating on APPN stock.

The Average True Range (ATR) for Appian Corporation is set at 17.07, with the Price to Sales ratio for APPN stock in the period of the last 12 months amounting to 34.46. The Price to Book ratio for the last quarter was 35.17, with the Price to Cash per share for the same quarter was set at 3.14.

APPN stock trade performance evaluation

Appian Corporation [APPN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.66. With this latest performance, APPN shares dropped by -31.49% in over the last four-week period, additionally plugging by 145.14% over the last 6 months – not to mention a rise of 370.61% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APPN stock in for the last two-week period is set at 38.88, with the RSI for the last a single of trading hit 35.27, and the three-weeks RSI is set at 42.02 for Appian Corporation [APPN]. The present Moving Average for the last 50 days of trading for this stock 184.49, while it was recorded at 165.35 for the last single week of trading, and 106.03 for the last 200 days.

Appian Corporation [APPN]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Appian Corporation [APPN] shares currently have an operating margin of -12.44 and a Gross Margin at +68.93. Appian Corporation’s Net Margin is presently recorded at -10.99.

Return on Total Capital for APPN is now -12.39, given the latest momentum, and Return on Invested Capital for the company is -11.16. Return on Equity for this stock declined to -13.34, with Return on Assets sitting at -7.57. When it comes to the capital structure of this company, Appian Corporation [APPN] has a Total Debt to Total Equity ratio set at 19.59. Additionally, APPN Total Debt to Total Capital is recorded at 16.38, with Total Debt to Total Assets ending up at 11.34. Long-Term Debt to Equity for the company is recorded at 17.26, with the Long-Term Debt to Total Capital now at 14.43.

Reflecting on the efficiency of the workforce at the company, Appian Corporation [APPN] managed to generate an average of -$22,929 per employee. Receivables Turnover for the company is 3.63 with a Total Asset Turnover recorded at a value of 0.69.Appian Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.30 and a Current Ratio set at 2.30.

Earnings per share (EPS) analysis for Appian Corporation [APPN] stock

With the latest financial reports released by the company, Appian Corporation posted -0.12/share EPS, while the average EPS was predicted by analysts to be reported at -0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 40.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for APPN.

Appian Corporation [APPN]: Insider Ownership positions

There are presently around $4,429 million, or 81.60% of APPN stock, in the hands of institutional investors. The top three institutional holders of APPN stocks are: BAILLIE GIFFORD & CO with ownership of 6,142,402, which is approximately 4.102% of the company’s market cap and around 0.20% of the total institutional ownership; ABDIEL CAPITAL ADVISORS, LP, holding 6,131,078 shares of the stock with an approximate value of $910.04 million in APPN stocks shares; and VANGUARD GROUP INC, currently with $515.43 million in APPN stock with ownership of nearly 3.016% of the company’s market capitalization.

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Positions in Appian Corporation stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 193 institutional holders increased their position in Appian Corporation [NASDAQ:APPN] by around 4,753,987 shares. Additionally, 97 investors decreased positions by around 5,999,114 shares, while 32 investors held positions by with 19,085,594 shares. The mentioned changes placed institutional holdings at 29,838,695 shares, according to the latest SEC report filing. APPN stock had 109 new institutional investments in for a total of 2,322,116 shares, while 31 institutional investors sold positions of 897,414 shares during the same period.

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