1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (5749) 

Baron Funds Comments on RealPage Inc.

May 24, 2012 | About:

From Baron Funds' first quarter letter: RealPage, Inc. (NASDAQ:RP), the residential property software company, reported disappointing results and its stock declined 24%. RealPage explained that rental apartment move-outs were less than expected, which resulted in lower sales of transactional based offerings, which makes sense to us. But since the company trades at a high multiple of current cash flow, any shortfall can cause the stock to be punished. We are non-plussed. We believe that the company is very special, that it can grow its cash flow at about 30% per year going forward, and its shares can increase many-fold if this develops as we expect.


Rating: 2.9/5 (7 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


HattcoBELMONTE ROE
alexhcyuInsider Buy 3 Months
blohmventuresprice/earnings power. p/fcf
blohmventuresprice/earnings power
blohmventureslow coverage sp500 pb and p/fc
blohmventuresminimal coverage but in sp500
teichman82interesting 2
apliszkaInsider >$5
blohmventurespetrovski score and earnings p
daftheadergreat cap allocator

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK