Sentiment Speaks: RealPage, Inc. (RP), Pure Storage, Inc. (PSTG)

    Looking at top Wall Street opinions, RealPage, Inc. (NASDAQ: RP) has recently made its way into the research list of KeyBanc Capital Markets – signaling that their analyst’s rating adjustment is noteworthy. This stock was Overweight in the eyes of KeyBanc Capital Markets, as reported on Tuesday, July 16th, 2019. Another heavy-hitting research note was published by Keefe Bruyette on Wednesday July 10th, 2019, with this firm Initiated RP to an updated rating of Outperform. In the past six months and three months of trading, shares of RealPage, Inc. (RP) have moved by 7.43% and 6.61%, respectively.

    Brokerage Updates Related to RealPage, Inc. (RP) Stock

    This publicly-traded organization generated gains of 6.52% over the last 5 sessions. Right now, this stock is the subject of 9 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 3 have given a rating of Buy or better. Based on the 9 stock market experts following this company, the average 12-month price target is $73.38. Moreover, individual price targets range between $60.00-$82.00. With its recent move to $75.00, we can see that these firms project this stock will gain by 10.16% in one year.

    Updates from RealPage, Inc. (RP) SEC Form 4

    This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 12.40% rise since the beginning of the calendar year. A Chairman President & CEO at RealPage, Inc. (RP) sold off some of its shares in a transaction that was finalized on Aug 14. Similarly, Seren Capital, Ltd. sold 148,328 shares of the organization’s stock at $59.26 apiece and racked up $8,790,459 in earnings from the sale. Now, Seren Capital, Ltd. holds 9,354,587 shares of the company following the exchange. A Chairman President & CEO of the organization named WINN STEPHEN T, was engaged in a transaction that occurred on Aug 13 that managed to be worth $3,173,200 from the sale of 51,672 common shares at a price of $61.41 per individual share.

    RealPage, Inc. (NASDAQ:RP) Results in the Pipeline

    The next scheduled release of financial results for RealPage, Inc. will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.43. In the same vein, they expect sales for the quarter to amount to $243.21 million.

    Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $244.02 million in revenue alongside EPS at $0.43. On average, the analyst projection was calling for $234.53 million with $0.40 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $228.03 million, with earnings per share ending up at $0.39.

    Pure Storage, Inc. (NYSE:PSTG) experienced a gain of 1.46% from the closing price in the previous trading day. That boost the price to $13.87 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 4,354,424 shares of stock – compared to the typical average of 4.39M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $22.00.

    Pricing Indications for Pure Storage, Inc. (PSTG)

    This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 15.03 from its observable 50-day simple moving average. Right at this moment, the per-share value is -23.90% lower than the mean per-share price over the last 200 days in the market.

    Pure Storage, Inc. (NYSE:PSTG) In-Depth Brokerage Insights

    We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 6 have a Buy rating, 9 have an outperform rating, while 9 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.10, based on information from Thomson Reuters.

    PSTG Stock Value Potential

    In trading activity as of late, this stock’s value was 18.19 up from its 200 day moving average, while also -7.93% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $14.00-$30.00. The market value for the entire organization reached 3.42B. In the last trading session, the price ended the day at $13.67. The institutional holdings related to this organization account for 4.30%, and the Beta factor is now 1.85. This company’s RSI (Relative Strength Index) managed to hit 45.00.

    Pure Storage, Inc. (NYSE:PSTG) Analyst Points of Focus

    Pure Storage, Inc. (PSTG) has found itself inside of Barclays’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Overweight, by Barclays, as garnered from a news report on Thursday August 8th, 2019. An additional helpful research note was sent out by Cowen’s on Wednesday May 22nd, 2019. The brokerage decided to reiterated PSTG to Outperform.