Repay’s (RPAY) Market Perform Rating Reaffirmed at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reissued their market perform rating on shares of Repay (NASDAQ:RPAY) in a research note published on Wednesday, Benzinga reports. The brokerage currently has a $11.00 target price on the stock.

Several other analysts have also issued reports on the stock. Benchmark restated a buy rating and issued a $13.00 price objective on shares of Repay in a report on Friday, May 24th. DA Davidson restated a buy rating and issued a $16.00 price objective on shares of Repay in a report on Tuesday, April 30th. Finally, Canaccord Genuity Group reiterated a buy rating and issued a $13.00 target price on shares of Repay in a report on Friday, May 10th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and an average target price of $10.63.

Repay Price Performance

Shares of RPAY stock opened at $9.42 on Wednesday. The firm’s 50-day moving average is $10.31 and its two-hundred day moving average is $9.46. Repay has a 12 month low of $5.63 and a 12 month high of $11.27. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.44 and a quick ratio of 3.44. The company has a market capitalization of $957.35 million, a PE ratio of -9.61 and a beta of 1.43.

Repay (NASDAQ:RPAY) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. The firm had revenue of $80.72 million for the quarter, compared to analysts’ expectations of $80.24 million. Repay had a positive return on equity of 7.74% and a negative net margin of 29.49%. Analysts predict that Repay will post 0.72 earnings per share for the current year.

Institutional Investors Weigh In On Repay

Several large investors have recently bought and sold shares of the stock. ProShare Advisors LLC grew its position in shares of Repay by 8.5% during the first quarter. ProShare Advisors LLC now owns 14,908 shares of the company’s stock worth $164,000 after buying an additional 1,174 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in Repay by 6.6% during the 1st quarter. Bleakley Financial Group LLC now owns 19,966 shares of the company’s stock worth $220,000 after acquiring an additional 1,232 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Repay by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 52,819 shares of the company’s stock valued at $451,000 after purchasing an additional 2,057 shares during the last quarter. Simplicity Solutions LLC raised its holdings in shares of Repay by 17.4% in the 4th quarter. Simplicity Solutions LLC now owns 18,553 shares of the company’s stock valued at $158,000 after purchasing an additional 2,744 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Repay by 18.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 23,911 shares of the company’s stock worth $264,000 after purchasing an additional 3,661 shares in the last quarter. Hedge funds and other institutional investors own 82.73% of the company’s stock.

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.