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

Shares of Real Matters Inc. (TSE:REAL) have received an average recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat 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 1 year target price among analysts that have issued ratings on the stock in the last year is C$8.38.

Several research firms have commented on REAL. BMO Capital Markets lowered 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 report on Monday, May 4th. Raymond James Financial lowered their price target on shares of Real Matters from C$9.00 to C$8.25 and set an “outperform” rating on the stock in a report on Monday, May 4th. Finally, National Bank Financial lowered their price target on shares of Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating on the stock in a report on Wednesday, May 27th.

Real Matters Price Performance

TSE:REAL opened at C$5.37 on Tuesday. Real Matters has a one year low of C$4.90 and a one year high of C$8.00. The company has a debt-to-equity ratio of 1.41, a quick ratio of 3.75 and a current ratio of 111.56. The firm has a market cap of C$398.92 million, a price-to-earnings ratio of -15.79, a PEG ratio of -59.18 and a beta of 1.62. The firm’s fifty day moving average is C$5.52 and its two-hundred day moving average is C$5.93.

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