Equities Analysts Offer Predictions for Usio FY2024 Earnings

Usio, Inc. (NASDAQ:USIO) – Litchfield Hills Research lifted their FY2024 earnings per share estimates for shares of Usio in a research report issued on Monday, November 18th. Litchfield Hills Research analyst B. Sine now forecasts that the company will earn $0.11 per share for the year, up from their prior estimate of $0.07. The consensus estimate for Usio’s current full-year earnings is $0.08 per share. Litchfield Hills Research also issued estimates for Usio’s Q3 2026 earnings at $0.05 EPS.

Separately, HC Wainwright reissued a “buy” rating and set a $4.00 price target on shares of Usio in a research note on Friday, August 16th.

Usio Stock Down 4.1 %

Shares of USIO opened at $1.42 on Wednesday. The business’s 50 day simple moving average is $1.41 and its 200-day simple moving average is $1.49. Usio has a one year low of $1.30 and a one year high of $2.00. The company has a market capitalization of $38.52 million, a P/E ratio of 15.78 and a beta of 1.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.10 and a quick ratio of 1.10.

Hedge Funds Weigh In On Usio

Several institutional investors and hedge funds have recently modified their holdings of the business. Whittier Trust Co. acquired a new position in shares of Usio during the third quarter worth about $3,821,000. Perritt Capital Management Inc boosted its position in Usio by 35.7% during the 2nd quarter. Perritt Capital Management Inc now owns 380,000 shares of the company’s stock worth $581,000 after acquiring an additional 100,000 shares during the last quarter. Geode Capital Management LLC boosted its position in Usio by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock worth $248,000 after acquiring an additional 9,731 shares during the last quarter. Finally, Creative Planning bought a new position in shares of Usio during the 3rd quarter worth approximately $58,000. 20.23% of the stock is currently owned by institutional investors and hedge funds.

Usio Company Profile

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.