RP (Real Page Inc) fundamental and technical analysis
Intro:
Hello everyone! Real Page Inc looks like it has some potential, and you will discover why soon. Just wanted to come up front and say; day traders, this is not for you! I only post trades I would make myself, and they will often take months or years to play out. Read on if you have a longer term mindset, as this will benefit you.
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Technical analysis section:
This stock has a very clear bullish flag, with multiple upper and lower trend line hits. That indicates RP has the chance to pump up 64% to 116$, despite the false breakout that happened a couple of months ago. As a precaution, on the chart I put the buy point above the false breakout resistance, which protects everyone from taking the trade too early. Stop-loss is 10%, but any point below the upper trend line is fine.
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Fundamental analysis section:
Here’s what our stock (or company that became public) provides: Real Page Inc provides software and data analytics for the real estate industry in the United States. It has a current ratio of 1.20 (1.2 times more assets than liabilities), as well as a debt to equity ratio of 0.79 (0.79 times less debt than equity). Like another company I did a chart about (Centene Corporation), this stock has had it’s earnings per share and sales rise for the past five years. The only thing you should be wary of when buying into this stock is its high price to earnings ratio of 128, which will most likely rise in the future. In any case, this is a growth stock that may be overvalued from a fundamental perspective, but with room to grow (when taking into account its market cap of 6.9 billion. All it would need to get to the target price is a market cap of 11.31 billion, which shouldn’t be that hard since it’s market cap has grown around 50% a year in the past five years.)
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Final thoughts:
Once RP breaks the “newest resistance” and confirms the bullish flag pattern, then the sky is the limit. Or 116$. Either or, I will post a follow up to this analysis of Real Page Inc when it breaks or rejects the only resistance ahead of it. Check out my other analysis (link down below), but don’t look beyond it, since my older analyses aren’t nearly as good. Good luck and great trading!
Hello everyone! Real Page Inc looks like it has some potential, and you will discover why soon. Just wanted to come up front and say; day traders, this is not for you! I only post trades I would make myself, and they will often take months or years to play out. Read on if you have a longer term mindset, as this will benefit you.
——————————————————————————————————————————————————————————————-
Technical analysis section:
This stock has a very clear bullish flag, with multiple upper and lower trend line hits. That indicates RP has the chance to pump up 64% to 116$, despite the false breakout that happened a couple of months ago. As a precaution, on the chart I put the buy point above the false breakout resistance, which protects everyone from taking the trade too early. Stop-loss is 10%, but any point below the upper trend line is fine.
——————————————————————————————————————————————————————————————-
Fundamental analysis section:
Here’s what our stock (or company that became public) provides: Real Page Inc provides software and data analytics for the real estate industry in the United States. It has a current ratio of 1.20 (1.2 times more assets than liabilities), as well as a debt to equity ratio of 0.79 (0.79 times less debt than equity). Like another company I did a chart about (Centene Corporation), this stock has had it’s earnings per share and sales rise for the past five years. The only thing you should be wary of when buying into this stock is its high price to earnings ratio of 128, which will most likely rise in the future. In any case, this is a growth stock that may be overvalued from a fundamental perspective, but with room to grow (when taking into account its market cap of 6.9 billion. All it would need to get to the target price is a market cap of 11.31 billion, which shouldn’t be that hard since it’s market cap has grown around 50% a year in the past five years.)
——————————————————————————————————————————————————————————————
Final thoughts:
Once RP breaks the “newest resistance” and confirms the bullish flag pattern, then the sky is the limit. Or 116$. Either or, I will post a follow up to this analysis of Real Page Inc when it breaks or rejects the only resistance ahead of it. Check out my other analysis (link down below), but don’t look beyond it, since my older analyses aren’t nearly as good. Good luck and great trading!
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