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

Shares of Real Matters Inc. (TSE:REAL) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$7.43.

Several equities research analysts have recently commented on the company. Raymond James Financial lowered their target price on Real Matters from C$8.25 to C$7.50 and set an “outperform” rating for the company in a research note on Friday, July 31st. TD cut their price target on Real Matters from C$9.00 to C$7.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. ATB Cormark Capital Markets lowered shares of Real Matters from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from C$8.00 to C$6.00 in a research note on Friday, July 31st. Finally, National Bank Financial dropped their price target 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, May 27th.

Real Matters Price Performance

REAL opened at C$4.13 on Friday. Real Matters has a one year low of C$3.97 and a one year high of C$8.00. The company has a debt-to-equity ratio of 1.46, a current ratio of 113.51 and a quick ratio of 3.75. The company’s 50 day simple moving average is C$4.84 and its 200-day simple moving average is C$5.35. The stock has a market capitalization of C$306.82 million, a P/E ratio of -15.30, a price-to-earnings-growth ratio of -59.18 and a beta of 1.58.

Real Matters (TSE:REAL) last issued its quarterly earnings results on Thursday, July 30th. The company reported C$0.01 earnings per share for the quarter. Real Matters had a negative net margin of 10.07% and a negative return on equity of 21.48%. The business had revenue of C$73.12 million during the quarter. Sell-side 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.