In the last three months, 5 analysts have published ratings on Appian APPN, offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 1 | 1 | 0 |
| Last 30D | 0 | 0 | 0 | 1 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $47.0, a high estimate of $52.00, and a low estimate of $36.00. This upward trend is evident, with the current average reflecting a 0.86% increase from the previous average price target of $46.60.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Appian among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Raimo Lenschow | Barclays | Raises | Underweight | $36.00 | $35.00 |
| Steven Enders | Citigroup | Raises | Neutral | $52.00 | $48.00 |
| Gil Luria | DA Davidson | Lowers | Buy | $52.00 | $55.00 |
| Thomas Blakey | Keybanc | Raises | Overweight | $50.00 | $45.00 |
| Thomas Blakey | Keybanc | Lowers | Overweight | $45.00 | $50.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Appian. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Appian compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Appian's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Appian's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Appian analyst ratings.
About Appian
Appian is a low-code enterprise platform-as-a-service company focusing on business process management. The Appian platform is an integrated automation platform providing tools for organizations to design, automate, and optimize end-to-end processes and complex business operations. Capabilities include case management, robotic process automation, artificial intelligence, data fabric, and process mining. Most of Appian's revenue is subscription based with the remainder from services, with much of its subscription revenue being derived from its cloud-based platform, Appian Cloud.
Understanding the Numbers: Appian's Finances
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Appian's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 15.53%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Appian's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -6.89%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Appian's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -16.62%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Appian's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.63%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Appian's debt-to-equity ratio surpasses industry norms, standing at 5.3. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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