Real Matters Inc. (TSE:REAL) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Real Matters Inc. (TSE:REAL) have been given an average rating of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$8.38.

A number of equities research analysts recently issued reports on REAL shares. BMO Capital Markets dropped their price target on shares of Real Matters from C$7.00 to C$6.00 and set a “market perform” rating on the stock in a research note on Monday, May 4th. National Bank Financial lowered their target price on shares of Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating on the stock in a research note on Wednesday, May 27th. Finally, Raymond James Financial lowered their target price on shares of Real Matters from C$9.00 to C$8.25 and set an “outperform” rating on the stock in a research note on Monday, May 4th.

Real Matters Price Performance

Real Matters stock opened at C$5.11 on Tuesday. The company’s fifty day moving average price is C$5.56 and its 200 day moving average price is C$5.95. Real Matters has a 1 year low of C$5.01 and a 1 year high of C$8.00. The stock has a market capitalization of C$379.61 million, a P/E ratio of -15.03, a P/E/G ratio of -59.18 and a beta of 1.62. The company has a debt-to-equity ratio of 1.41, a quick ratio of 3.75 and a current ratio of 111.56.

Real Matters (TSE:REAL) last released its quarterly earnings results on Friday, May 1st. The company reported C$0.01 earnings per share (EPS) for the quarter. Real Matters had a negative net margin of 13.58% and a negative return on equity of 26.40%. The firm had revenue of C$65.68 million for the quarter. As a group, equities research analysts anticipate that Real Matters will post 0.1956803 earnings per share for the current fiscal 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.