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RealPage (NYSE:RP) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday. They currently have a $15.10 price objective on the stock. Zacks‘s target price suggests a potential downside of 5.21% from the company’s current price.

Shares of RealPage (NYSE:RP) traded down 5.46% during mid-day trading on Tuesday, hitting $15.05. The stock had a trading volume of 1,498,415 shares. RealPage has a one year low of $15.40 and a one year high of $26.34. The stock’s 50-day moving average is $20.12 and its 200-day moving average is $19.65. The company has a market cap of $1.186 billion and a price-to-earnings ratio of 63.94.

RealPage (NYSE:RP) last announced its earnings results on Monday, August 4th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.02. The company had revenue of $94.80 million for the quarter, compared to the consensus estimate of $95.98 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. On average, analysts predict that RealPage will post $0.45 earnings per share for the current fiscal year.

A number of other firms have also recently commented on RP. Analysts at Credit Suisse cut their price target on shares of RealPage from $15.00 to $13.00 in a research note on Monday, July 21st. They now have an “underperform” rating on the stock. Separately, analysts at ISI Group initiated coverage on shares of RealPage in a research note on Friday, July 18th. They set a “hold” rating and a $23.63 price target on the stock. Finally, analysts at William Blair downgraded shares of RealPage from an “outperform” rating to an “underperform” rating in a research note on Friday, July 18th. Three analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The company has an average rating of “Hold” and an average price target of $19.62.

RealPage, Inc, is a provider of on demand software solutions for the rental housing industry. The Company’s platform consists of its property management systems, as well as seven families of software-enabled value-added services.

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