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

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

REAL has been the subject of several research analyst reports. National Bank Financial cut their price objective on Real Matters from C$7.50 to C$6.50 and set a “sector perform” rating for the company in a research report on Wednesday. BMO Capital Markets decreased their target price 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 report on Monday, May 4th. Finally, Raymond James Financial cut their price target on shares of Real Matters from C$9.00 to C$8.25 and set an “outperform” rating for the company in a report on Monday, May 4th.

Real Matters Trading Down 1.1%

Shares of Real Matters stock opened at C$5.47 on Friday. The firm has a market cap of C$406.35 million, a price-to-earnings ratio of -16.09, a price-to-earnings-growth ratio of -59.18 and a beta of 1.19. Real Matters has a 52-week low of C$5.01 and a 52-week high of C$8.00. The company’s 50-day simple moving average is C$5.70 and its 200-day simple moving average is C$6.07. The company has a quick ratio of 3.75, a current ratio of 111.56 and a debt-to-equity ratio of 1.41.

Real Matters (TSE:REAL) last announced its quarterly earnings data 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 firm had revenue of C$65.68 million during the quarter. As a group, equities research analysts anticipate that Real Matters will post 0.1956803 earnings per share 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.