Critical Levels To Breach: LogMeIn Inc. (LOGM), RealPage Inc. (RP)

You should consider shares of LogMeIn Inc. (NASDAQ:LOGM) and RealPage Inc. (NASDAQ:RP) if you are looking for a great stocks to invest in. Starting with the LOGM shares, which traded at $79.80 at the close of the recent session, gaining 3.13%. On Tuesday, the company’s shares shed $2.42 from its value which represented in intraday trading. The stock is now -13.48% lower in year-to-date (YTD) trading. LOGM’s intraday high was $80.00 while its lowest price touched $73.77. The stock’s 52-week high price is $96.87, which means the current price is at -17.62%. In terms of trading activity, the daily trading volume rose to 1054689 against 200-day average trading volume of 588,062 shares.

What are analyst forecasts for LogMeIn Inc. (NASDAQ:LOGM)?

At a consensus rating of 3.36, LOGM is trending as a streaking Hold, as it has been the case a month ago when 11 analysts called it a Hold. Two months ago, 9 analysts recommended, on average, that LOGM stock is a Hold. The Technology company’s shares’ overall bullish trend saw it close higher on Tuesday compared to its opening price of $75.88 on the day.

Forecasts for LogMeIn Inc. (NASDAQ:LOGM) give the stock a fair value for the growth of -3.64% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $77.00, which means the price per share could fall by nearly -$2.8. The price range target is between a low of $70.00 and a high of $100.00. The stock would need to gain by about $20.2 to hit the estimated high or 0.78% from its 12-month low.

The consensus among 11 analysts is that it is a good time for one to Hold in the LogMeIn Inc. 3 analysts rate LOGM as a Buy, with 1 of 11 analysts rate it as a Sell. 0 have valued the stock as Overweight and 7 have recommended that investors Hold.

LogMeIn Inc. (NASDAQ:LOGM) Upgrades and Downgrades

In terms of rating changes, Barclays on October 25, 2019, Reiterated LogMeIn Inc. (LOGM) at Underweight. They believe the stock could reach $70 in the near term. Analysts at Berenberg have assigned a Buy rating for the stock in their research note on October 10, 2019 with an estimated price target of $91. Moreover, Stephens analysts issued a rating of Equal-Weight for the stock on August 22, 2019. On March 14, 2019, the stock earned a Neutral rating due to an analyst call from Mizuho, while analysts from Oppenheimer on February 15, 2019 suggested that the stock is Perform.

RealPage Inc. (NASDAQ:RP) adds $0.51 on Tuesday

The RP stock has risen 13.65% year-to-date and is currently trading at $54.77, which is -16.92% below its 52-week high. The company shares gained 0.94% on the day and have risen nearly 25.72% off a low hit. At current levels, RealPage Inc. has a valuation of about $960.30M. As of 12/03/19, this stock has risen 0.20% during the week and closed at $54.26 in the previous session. However, recent RealPage Inc. stock performance shows that RP shares are -10.96% down over the last month, and -13.94% down for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0.37, with the trailing 12-month share earnings at $0.47. The ratio is expected to be up by 15.90% for the current year 2019 and 12.60% for next year. Over the next 5-year period, earnings per share will be 24.11%. But will the RP stock surprise in the current quarter results, where the $0.45 actual EPS reported on 9/29/2019 surprised by 0.00% or was lower by $0 from the estimated $0.45.

Sales Growth to climb 12.20% for the year

How well will RealPage Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $250.64M and $251.4M in current quarter sales. The consensus estimated for the current quarter is $251.02M from sales. Forecasts for this fiscal year are between $984M and $985.2M and the consensus estimate for sales is at $984.58M. RP has its next quarter sales estimates at between $251M and $272.1M, with the quarter-over-quarter growth estimates at 10.80% and the annual growth forecast for the year at 12.20%.

Who owns shares in RealPage Inc. (RP)?

Let’s briefly focus on the share ownership of the RealPage Inc. (NASDAQ:RP) stock, where we find that 0.00% of shares are held by institutions. Price (T.Rowe) Associates Inc tops the list of institutional owners as it is holding 9.34 million shares or 9.85% of shares outstanding. Vanguard Group, Inc. (The) and Blackrock Inc. held 7.22 million and 4.92 million representing 7.62% and 5.19% respectively at the close of the last trading session. As of Sep 29, 2019, Janus Henderson Group PLC accounted for 4.61 million shares at over 289.63 million. This represented 4.86% of shares outstanding. Principal Financial Group, Inc. held 4.37 million shares at over 274.59 million representing 4.61% of shares outstanding.

RP Insider Activity

Insider activity can also give a signal in terms of price direction. Looking at RealPage Inc. (RP), a total of 1928793 shares have been sold by insiders over the last 6 months while 23971 shares were added in the same time span. On 8/14/2019, by the name Winn Stephen T sold 136338.0 shares worth $8.1 million at the price of $59.22 per share. Filings also show that Winn Stephen T sold a total of 136338.0 shares on 8/14/2019 valued at $8.1 million. Since the last insider activity, the company’s share price has dropped -8.99%.