RealPage Inc (NASDAQ:RP) Director Alfred R. Berkeley III sold 1,000 shares of the company’s stock in a transaction dated Friday, September 7th. The shares were sold at an average price of $60.60, for a total transaction of $60,600.00. Following the sale, the director now owns 34,881 shares in the company, valued at $2,113,788.60. The sale was disclosed in a filing with the SEC, which is available at this link.
RealPage stock opened at $62.50 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 0.96. RealPage Inc has a 1-year low of $38.40 and a 1-year high of $63.75. The stock has a market capitalization of $5.84 billion, a P/E ratio of 173.61 and a beta of 1.15.
RealPage (NASDAQ:RP) last posted its quarterly earnings data on Thursday, August 2nd. The software maker reported $0.37 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.37. RealPage had a net margin of 0.69% and a return on equity of 10.56%. The company had revenue of $216.36 million for the quarter, compared to analyst estimates of $215.14 million. During the same period in the prior year, the company posted $0.23 EPS. The firm’s revenue for the quarter was up 33.3% on a year-over-year basis. sell-side analysts expect that RealPage Inc will post 1.03 EPS for the current fiscal year.
A number of analysts recently weighed in on the stock. KeyCorp reissued an “overweight” rating and issued a $72.00 price objective (down from $84.00) on shares of RealPage in a research report on Friday. BidaskClub raised shares of RealPage from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 5th. Zacks Investment Research raised shares of RealPage from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. Royal Bank of Canada increased their price objective on shares of RealPage to $64.00 and gave the stock a “sector perform” rating in a research report on Friday, August 3rd. Finally, JPMorgan Chase & Co. assumed coverage on shares of RealPage in a research report on Thursday, June 21st. They issued an “overweight” rating and a $76.00 price objective on the stock. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $64.50.
RealPage, Inc provides software and data analytics for the real estate industry in the United States. It offers OneSite, a property management solution for multi-family, affordable property, rural housing, military housing, senior and student living, and commercial property types; and Propertyware for accounting, maintenance and work order management, marketing, spend management, portal services, and screening and payment solutions.
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