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

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

A number of research firms have recently issued reports on REAL. National Bank Financial cut 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, May 27th. Raymond James Financial decreased 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 dropped 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 report on Monday, May 4th.

Real Matters Price Performance

REAL opened at C$5.14 on Friday. The firm’s 50-day simple moving average is C$5.31 and its 200-day simple moving average is C$5.85. 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 has a twelve month low of C$4.90 and a twelve month high of C$8.00. The firm has a market cap of C$381.84 million, a price-to-earnings ratio of -15.12, a PEG ratio of -59.18 and a beta of 1.62.

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

About Real Matters

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.