RealPage (RP) Given Daily News Sentiment Rating of 0.07
Press coverage about RealPage (NASDAQ:RP) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. RealPage earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 45.2200776628818 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- BRIEF-RealPage expects $3-$4 mln of renter’s insurance claims from hurricanes (feeds.reuters.com)
- Rents keep rising, but incomes grow to keep up in some areas (feeds.bizjournals.com)
- RealPage, Inc. (RP) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- RealPage, Inc. (RP) CFO W Bryan Hill Sells 5,800 Shares (americanbankingnews.com)
- RealPage, Inc. breached its 50 day moving average in a Bearish Manner : RP-US : September 14, 2017 (finance.yahoo.com)
Shares of RealPage (RP) opened at 39.35 on Friday. RealPage has a 52 week low of $23.69 and a 52 week high of $43.65. The company’s 50-day moving average price is $40.82 and its 200 day moving average price is $37.30. The company has a market cap of $3.11 billion, a P/E ratio of 122.97 and a beta of 1.06.
RealPage (NASDAQ:RP) last announced its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $161.30 million for the quarter, compared to the consensus estimate of $160.02 million. RealPage had a return on equity of 10.26% and a net margin of 4.25%. The business’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.18 earnings per share. On average, equities analysts forecast that RealPage will post $0.93 EPS for the current fiscal year.
A number of research analysts have recently commented on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $42.00 price objective (up previously from $38.00) on shares of RealPage in a report on Wednesday, August 9th. Zacks Investment Research lowered RealPage from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Stephens reissued an “overweight” rating and set a $47.00 price objective (up previously from $42.00) on shares of RealPage in a report on Thursday, August 3rd. Deutsche Bank AG increased their price objective on RealPage from $42.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, August 3rd. Finally, BidaskClub lowered RealPage from a “buy” rating to a “hold” rating in a report on Friday, September 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. RealPage currently has an average rating of “Buy” and a consensus price target of $41.29.
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In other RealPage news, CEO Stephen T. Winn sold 27,930 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 3,530,528 shares of the company’s stock, valued at $131,229,725.76. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder Seren Capital, Ltd. sold 95,760 shares of the business’s stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $36.95, for a total value of $3,538,332.00. Following the transaction, the insider now directly owns 18,590,136 shares in the company, valued at approximately $686,905,525.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,905,551 shares of company stock worth $75,948,393. Company 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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