RP

RealPage Inc

TMT


Presented:12/13/2016
Price:$29.65
Cap:$2.32B
Current Price:$88.72
Cap:$8.42B

Presented

Date12/13/2016
Price$29.65
Market Cap$2.32B
Ent Value$1.97B
P/E Ratio174.41x
Book Value$4.39
Div Yield0%
Shares O/S78.12M
Ave Daily Vol347,071
Short Int1.67%

Current

Price$88.72
Market Cap$8.42B
RealPage, Inc. engages in the provision of software solutions for the rental housing industry. It offers on demand product lines that enable owners and managers of single-family and a wide variety of multifamily rental property types, including conventional, affordable, military, student and senior housing, to manage its marketing, pricing, screening, leasing, accounting, purchasing, utilities and other property operations. Its broad range of property management solutions enable property owners and managers to increase revenues and reduce operating costs through higher occupancy, improved pricing methodologies, new sources of revenue from ancillary services, improved collections and more integrated and centralized processes. The company was founded by Stephen T. Winn in November 1998 and is headquartered in Carrollton, TX.

Publicly traded companies mentioned herein: RealPage Inc (RP)

Highlights

The presenter is long shares of RealPage (RP), a provider of rental property management software, on the basis of continued roll-ups, improved salesforce, and revenue/margin opportunities through upselling and pricing. RP currently operates in a duopoly with Yardi, a private company, and the industry is very “sleepy” according to the presenter. He cites the possibility of strategic activity in the future. By the presenter’s model, RP’s share price could double to $60 as it shows signs of successful execution towards its 2020 roadmap.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.