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Is RealPage (RP) Stock Outpacing Its Computer and Technology Peers This Year?

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Investors focused on the Computer and Technology space have likely heard of RealPage , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

RealPage is a member of our Computer and Technology group, which includes 630 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. RP is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for RP's full-year earnings has moved 6.19% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, RP has gained about 36.91% so far this year. At the same time, Computer and Technology stocks have gained an average of 9.79%. This means that RealPage is outperforming the sector as a whole this year.

Looking more specifically, RP belongs to the Business - Software Services industry, a group that includes 11 individual stocks and currently sits at #168 in the Zacks Industry Rank. Stocks in this group have gained about 12.48% so far this year, so RP is performing better this group in terms of year-to-date returns.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to RP as it looks to continue its solid performance.