Repay (RPAY) to Release Quarterly Earnings on Tuesday

Repay (NASDAQ:RPAY) is set to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Repay has set its FY 2024 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Repay (NASDAQ:RPAY) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.22 earnings per share 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 company had revenue of $74.91 million for the quarter, compared to analysts’ expectations of $76.28 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. Repay’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts expect Repay to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Repay Trading Down 1.2 %

Shares of RPAY stock traded down $0.10 on Tuesday, hitting $7.96. The company had a trading volume of 73,236 shares, compared to its average volume of 838,223. Repay has a twelve month low of $6.01 and a twelve month high of $11.27. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.83 and a current ratio of 3.83. The firm has a market cap of $778.09 million, a P/E ratio of -8.29 and a beta of 1.44. The stock’s 50-day moving average is $8.04 and its two-hundred day moving average is $9.18.

Insider Transactions at Repay

In related news, EVP Jacob Hamilton Moore sold 7,198 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $8.18, for a total value of $58,879.64. Following the completion of the sale, the executive vice president now directly owns 140,130 shares of the company’s stock, valued at $1,146,263.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold 269,524 shares of company stock valued at $2,222,784 in the last 90 days. 11.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

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

Repay Company Profile

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.