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

Real Matters Inc. (TSE:REAL) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$8.38.

Several equities research analysts have recently weighed in on the stock. National Bank Financial decreased their target price on shares of Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating for the company in a research note on Wednesday. Raymond James Financial dropped their price target on Real Matters from C$9.00 to C$8.25 and set an “outperform” rating on the stock in a research report on Monday, May 4th. Finally, BMO Capital Markets reduced their price objective on Real Matters from C$7.00 to C$6.00 and set a “market perform” rating for the company in a research note on Monday, May 4th.

Real Matters Stock Performance

Shares of Real Matters stock opened at C$5.47 on Friday. The firm’s fifty day simple moving average is C$5.70 and its 200-day simple moving average is C$6.07. Real Matters has a 12 month low of C$5.01 and a 12 month high of C$8.00. The stock has a market capitalization of C$406.35 million, a price-to-earnings ratio of -16.09, a PEG ratio of -59.18 and a beta of 1.19. The company has a debt-to-equity ratio of 1.41, a current ratio of 111.56 and a quick ratio of 3.75.

Real Matters (TSE:REAL) last issued its quarterly earnings data on Friday, May 1st. The company reported C$0.01 earnings per share (EPS) for the quarter. The company had revenue of C$65.68 million for the quarter. Real Matters had a negative net margin of 13.58% and a negative return on equity of 26.40%. As a group, equities analysts forecast 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.