Analysts expect that RealPage Inc (NASDAQ:RP) will post $187.19 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for RealPage’s earnings, with the lowest sales estimate coming in at $184.67 million and the highest estimate coming in at $189.20 million. RealPage reported sales of $148.88 million during the same quarter last year, which suggests a positive year-over-year growth rate of 25.7%. The company is scheduled to report its next quarterly earnings results on Monday, February 26th.

According to Zacks, analysts expect that RealPage will report full-year sales of $187.19 million for the current year, with estimates ranging from $670.30 million to $673.40 million. For the next year, analysts expect that the company will report sales of $832.56 million per share, with estimates ranging from $814.12 million to $850.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for RealPage.

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

RP has been the topic of several research analyst reports. Benchmark boosted their price objective on shares of RealPage from $43.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research lowered shares of RealPage from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. BidaskClub lowered shares of RealPage from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 6th. Morgan Stanley began coverage on shares of RealPage in a research note on Monday, November 20th. They set an “equal weight” rating and a $48.00 price target on the stock. Finally, Stephens boosted their price target on shares of RealPage from $50.00 to $54.00 and gave the stock an “overweight” rating in a research note on Friday, December 29th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $48.13.

RealPage (RP) traded up $0.65 during midday trading on Tuesday, hitting $48.45. The stock had a trading volume of 382,700 shares, compared to its average volume of 523,989. RealPage has a fifty-two week low of $28.00 and a fifty-two week high of $48.60. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market cap of $4,015.51, a price-to-earnings ratio of 138.43 and a beta of 1.09.

In other news, EVP William P. Chaney sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $45.00, for a total transaction of $45,000.00. Following the completion of the sale, the executive vice president now owns 172,904 shares in the company, valued at $7,780,680. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Stephen T. Winn sold 421,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $45.41, for a total value of $19,117,610.00. The disclosure for this sale can be found here. Insiders sold 2,643,467 shares of company stock valued at $118,207,199 over the last three months. Corporate insiders own 30.31% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Summit Creek Advisors LLC grew its holdings in RealPage by 21.3% in the fourth quarter. Summit Creek Advisors LLC now owns 325,457 shares of the software maker’s stock valued at $14,418,000 after purchasing an additional 57,250 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of RealPage by 41.2% during the third quarter. Public Employees Retirement System of Ohio now owns 227,560 shares of the software maker’s stock valued at $9,080,000 after acquiring an additional 66,420 shares during the last quarter. Sterling Capital Management LLC boosted its stake in shares of RealPage by 15.8% during the third quarter. Sterling Capital Management LLC now owns 54,630 shares of the software maker’s stock valued at $2,180,000 after acquiring an additional 7,454 shares during the last quarter. Insight Capital Research & Management Inc. acquired a new stake in shares of RealPage during the third quarter valued at $1,717,000. Finally, California Public Employees Retirement System boosted its stake in shares of RealPage by 7.3% during the third quarter. California Public Employees Retirement System now owns 185,810 shares of the software maker’s stock valued at $7,414,000 after acquiring an additional 12,610 shares during the last quarter. Hedge funds and other institutional investors own 73.58% of the company’s stock.

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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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