News coverage about RealPage (NASDAQ:RP) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RealPage earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 47.0185091184945 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- RealPage, Inc. (NASDAQ:RP) Expected to Post Quarterly Sales of $168.35 Million (americanbankingnews.com)
- Edited Transcript of RP earnings conference call or presentation 2-Aug-17 9:00pm GMT (finance.yahoo.com)
- RealPage acquires its fourth company this year for $250M (finance.yahoo.com)
- RealPage posts 2Q profit (finance.yahoo.com)
- RealPage, Inc. (RP) Issues Earnings Results (americanbankingnews.com)
Several equities analysts have weighed in on the company. Deutsche Bank AG raised their price objective on RealPage from $42.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday. Stephens restated an “overweight” rating and set a $47.00 price objective (up from $42.00) on shares of RealPage in a research note on Thursday. Royal Bank Of Canada raised their price objective on RealPage from $38.00 to $42.00 and gave the company a “sector perform” rating in a research note on Thursday. Zacks Investment Research upgraded RealPage from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, JMP Securities restated an “outperform” rating and set a $43.00 price objective on shares of RealPage in a research note on Monday, May 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $39.83.
Shares of RealPage (NASDAQ:RP) traded up 0.12% during trading on Friday, reaching $40.10. The company’s stock had a trading volume of 707,388 shares. RealPage has a one year low of $23.69 and a one year high of $40.40. The stock’s 50 day moving average is $37.45 and its 200 day moving average is $35.15. The firm has a market cap of $3.33 billion, a P/E ratio of 143.21 and a beta of 1.11.
RealPage (NASDAQ:RP) last released its earnings results on Wednesday, August 2nd. The software maker reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. RealPage had a return on equity of 10.93% and a net margin of 4.25%. The firm had revenue of $161.30 million for the quarter, compared to analysts’ expectations of $160.02 million. During the same period in the prior year, the firm posted $0.18 earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis. On average, equities analysts forecast that RealPage will post $0.93 EPS for the current fiscal year.
In related news, CEO Stephen T. Winn sold 27,930 shares of the stock in a transaction on Monday, June 26th. The stock was sold at an average price of $37.17, for a total transaction of $1,038,158.10. Following the sale, the chief executive officer now directly owns 3,530,528 shares of the company’s stock, valued at $131,229,725.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Seren Capital, Ltd. sold 47,880 shares of the stock in a transaction on Monday, June 26th. The shares were sold at an average price of $37.17, for a total value of $1,779,699.60. Following the sale, the insider now directly owns 18,590,136 shares in the company, valued at $690,995,355.12. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,352,610 shares of company stock worth $47,682,056. Insiders own 33.24% of the company’s stock.
RealPage Company Profile
RealPage, Inc is a provider of technology to the real estate industry, helping owners, managers and investors. The Company’s property management solutions are referred to as Enterprise Resource Planning systems. Its on demand platform provides a single point of access and a repository of real-time lease transaction data, including prospect, renter and property data.
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