Weakness Seen in RealPage (RP): Stock Tumbles 22.1% - Tale of the Tape

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RealPage, Inc. RP saw a big move last session, as the company's shares fell over 22% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for RP, as the stock is now down more than 24.7% in the past one-month time frame. 

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.   

RP currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.

Some better-ranked stocks in the technology sector include Cognizant Technology Solutions Corporation CTSH, ePlus inc. PLUS and MSCI Inc. MSCI. All these stocks carry a Zacks Rank #2 (Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report


REALPAGE INC RP: Free Stock Analysis Report

COGNIZANT TECH CTSH: Free Stock Analysis Report

EPLUS INC PLUS: Free Stock Analysis Report

MSCI INC-A MSCI: Free Stock Analysis Report

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