Analysts forecast that RealPage Inc (NASDAQ:RP) will post $186.36 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for RealPage’s earnings, with the highest sales estimate coming in at $189.20 million and the lowest estimate coming in at $184.67 million. RealPage posted sales of $148.88 million during the same quarter last year, which suggests a positive year-over-year growth rate of 25.2%. The company is scheduled to announce its next earnings results on Monday, February 26th.

According to Zacks, analysts expect that RealPage will report full-year sales of $186.36 million for the current financial year, with estimates ranging from $670.30 million to $672.50 million. For the next year, analysts expect that the firm will post sales of $821.08 million per share, with estimates ranging from $786.10 million to $850.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow RealPage.

RealPage (NASDAQ:RP) last released its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. RealPage had a return on equity of 9.51% and a net margin of 4.52%. The business had revenue of $169.76 million during the quarter, compared to analysts’ expectations of $170.73 million. During the same quarter last year, the business posted $0.20 EPS. The business’s revenue was up 14.9% on a year-over-year basis.

A number of research analysts have recently commented on RP shares. Benchmark raised their target price on RealPage from $43.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. BidaskClub upgraded RealPage from a “hold” rating to a “buy” rating in a research note on Saturday, October 7th. Morgan Stanley started coverage on RealPage in a research note on Monday, November 20th. They issued an “equal weight” rating and a $48.00 target price for the company. Zacks Investment Research upgraded RealPage from a “sell” rating to a “hold” rating in a research note on Tuesday, September 5th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $42.00 target price on shares of RealPage in a research note on Monday, September 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $46.57.

Shares of RealPage (NASDAQ:RP) opened at $44.25 on Wednesday. The firm has a market capitalization of $3,675.70, a P/E ratio of 80.64 and a beta of 1.08. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.06 and a quick ratio of 1.06. RealPage has a fifty-two week low of $28.00 and a fifty-two week high of $46.80.

In related news, CFO W Bryan Hill sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $45.69, for a total transaction of $365,520.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP William P. Chaney sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $45.00, for a total value of $45,000.00. Following the transaction, the executive vice president now directly owns 172,904 shares of the company’s stock, valued at approximately $7,780,680. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,548,741 shares of company stock valued at $109,671,116. 30.31% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of RP. Zurcher Kantonalbank Zurich Cantonalbank increased its position in RealPage by 10.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,841 shares of the software maker’s stock valued at $102,000 after buying an additional 272 shares in the last quarter. Bessemer Group Inc. increased its position in RealPage by 2.0% during the 2nd quarter. Bessemer Group Inc. now owns 5,000 shares of the software maker’s stock valued at $180,000 after buying an additional 100 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in RealPage by 10.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,153 shares of the software maker’s stock valued at $185,000 after buying an additional 485 shares in the last quarter. Bfsg LLC bought a new stake in shares of RealPage in the 2nd quarter worth $209,000. Finally, Breton Hill Capital Ltd. bought a new stake in shares of RealPage in the 3rd quarter worth $228,000. 73.64% of the stock is owned by institutional investors.

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About RealPage

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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