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

Real Matters Inc. (TSE:REAL) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$8.38.

A number of equities research analysts have commented on the company. Raymond James Financial decreased their price target on Real Matters from C$9.00 to C$8.25 and set an “outperform” rating for the company in a research note on Monday, May 4th. National Bank Financial decreased their price target on 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. Finally, BMO Capital Markets decreased their price target 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 Trading Down 0.2%

Shares of TSE REAL opened at C$5.36 on Tuesday. The business has a fifty day moving average price of C$5.51 and a 200 day moving average price of C$5.92. 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 has a 1-year low of C$4.90 and a 1-year high of C$8.00. The stock has a market capitalization of C$398.18 million, a P/E ratio of -15.76, a price-to-earnings-growth ratio of -59.18 and a beta of 1.62.

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