Real Matters Inc. (TSE:REAL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Real Matters Inc. (TSE:REAL) have received an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$8.54.

A number of research firms have recently commented on REAL. National Bank Financial increased their price objective on Real Matters from C$7.00 to C$7.50 and gave the company a “sector perform” rating in a report on Monday. Raymond James Financial dropped their price objective on Real Matters from C$9.00 to C$8.25 and set an “outperform” rating on the stock in a report on Monday. Finally, BMO Capital Markets dropped their price objective on Real Matters from C$7.00 to C$6.00 and set a “market perform” rating on the stock in a report on Monday.

Real Matters Stock Down 1.5%

TSE REAL traded down C$0.09 during trading hours on Monday, hitting C$5.75. 56,156 shares of the company were exchanged, compared to its average volume of 80,736. The company has a 50 day moving average of C$5.84 and a two-hundred day moving average of C$6.28. The company has a quick ratio of 3.75, a current ratio of 111.56 and a debt-to-equity ratio of 1.41. Real Matters has a 52-week low of C$5.01 and a 52-week high of C$8.00. The firm has a market cap of C$427.15 million, a price-to-earnings ratio of -14.74, a PEG ratio of -59.18 and a beta of 1.19.

Real Matters (TSE:REAL) last released its quarterly earnings data on Friday, May 1st. The company reported C$0.01 EPS for the quarter. Real Matters had a negative return on equity of 26.40% and a negative net margin of 13.58%.The business had revenue of C$65.68 million for the quarter. Equities research analysts anticipate that Real Matters will post 0.1956803 earnings per share for the current year.

Real Matters Company Profile

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada.