News articles about RealPage (NASDAQ:RP) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. RealPage earned a news impact score of 0.09 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 45.3362146411176 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- RealPage, Inc. (RP) : The Stock on Analysts Watch-List – Wall Street Morning (wallstreetmorning.com)
- Realpage Inc (RP) Chairman President & CEO Stephen T Winn Sold $27.6 million of Shares – GuruFocus.com (gurufocus.com)
- RealPage Inc (RP) Major Shareholder Sells $3,000,396.98 in Stock (americanbankingnews.com)
- RealPage Inc (RP) CEO Stephen T. Winn Sells 33,459 Shares (americanbankingnews.com)
- Stephen T. Winn Sells 73,737 Shares of RealPage Inc (RP) Stock (americanbankingnews.com)
Several analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of RealPage from a “hold” rating to a “buy” rating and set a $58.00 price objective on the stock in a research report on Wednesday, March 7th. TheStreet downgraded shares of RealPage from a “b” rating to a “c+” rating in a research report on Wednesday, February 28th. Royal Bank of Canada reiterated a “hold” rating on shares of RealPage in a research report on Thursday, March 1st. BidaskClub upgraded shares of RealPage from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 22nd. Finally, Deutsche Bank lifted their price objective on shares of RealPage to $60.00 in a research report on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. RealPage presently has an average rating of “Buy” and a consensus price target of $54.00.
Shares of RP stock opened at $53.30 on Wednesday. The firm has a market cap of $4,433.05, a PE ratio of 98.80 and a beta of 1.04. RealPage has a 52-week low of $32.30 and a 52-week high of $54.95. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.93 and a quick ratio of 0.93.
RealPage (NASDAQ:RP) last released its quarterly earnings results on Tuesday, February 27th. The software maker reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.04). RealPage had a return on equity of 8.97% and a net margin of 0.06%. The company had revenue of $188.39 million for the quarter, compared to the consensus estimate of $186.46 million. equities analysts predict that RealPage will post 0.97 earnings per share for the current year.
In other RealPage news, major shareholder Seren Capital, Ltd. sold 27,117 shares of the business’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $53.37, for a total transaction of $1,447,234.29. Following the sale, the insider now directly owns 17,103,268 shares in the company, valued at approximately $912,801,413.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO W Bryan Hill sold 8,000 shares of the business’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $46.90, for a total transaction of $375,200.00. Following the sale, the chief financial officer now owns 174,475 shares in the company, valued at $8,182,877.50. The disclosure for this sale can be found here. Insiders have sold a total of 1,961,785 shares of company stock worth $98,206,913 over the last 90 days. 30.31% of the stock is owned by insiders.
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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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