Repay (RPAY) Scheduled to Post Quarterly Earnings on Tuesday

Repay (NASDAQ:RPAY) is set to release its earnings data after the market closes on Tuesday, November 12th. Analysts expect Repay to post earnings of $0.22 per share for the quarter. Repay has set its FY 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

Repay (NASDAQ:RPAY) last posted its earnings results on Thursday, August 8th. The company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. Repay had a negative net margin of 29.01% and a positive return on equity of 8.34%. The firm had revenue of $74.91 million during the quarter, compared to analyst estimates of $76.28 million. During the same quarter in the prior year, the business posted $0.14 EPS. The business’s revenue was up 4.4% compared to the same quarter last year. On average, analysts expect Repay to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Repay Stock Down 1.2 %

Repay stock traded down $0.10 during midday trading on Tuesday, hitting $7.96. 73,236 shares of the stock were exchanged, compared to its average volume of 838,223. Repay has a 52-week low of $6.01 and a 52-week high of $11.27. The business’s 50-day moving average price is $8.04 and its 200-day moving average price is $9.18. The stock has a market capitalization of $778.09 million, a price-to-earnings ratio of -8.29 and a beta of 1.44. The company has a quick ratio of 3.83, a current ratio of 3.83 and a debt-to-equity ratio of 0.52.

Insider Buying and Selling

In other Repay news, EVP Jacob Hamilton Moore sold 7,198 shares of Repay stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $8.18, for a total transaction of $58,879.64. Following the completion of the sale, the executive vice president now directly owns 140,130 shares in the company, valued at $1,146,263.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders have sold 269,524 shares of company stock worth $2,222,784. Insiders own 11.00% of the company’s stock.

Analyst Upgrades and Downgrades

RPAY has been the topic of several research analyst reports. Canaccord Genuity Group reissued a “buy” rating and issued a $13.00 price objective on shares of Repay in a research report on Wednesday, September 25th. Barclays cut their price target on shares of Repay from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, August 12th. DA Davidson reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Repay in a research report on Tuesday, July 9th. Finally, Benchmark reissued a “buy” rating and set a $13.00 target price on shares of Repay in a research report on Tuesday, August 13th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Repay has an average rating of “Moderate Buy” and an average target price of $12.29.

About Repay

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.