Repay (RPAY) Expected to Announce Quarterly Earnings on Monday

Repay (NASDAQ:RPAY) will likely be issuing its quarterly earnings data after the market closes on Monday, March 3rd. Analysts expect the company to announce earnings of $0.24 per share and revenue of $82.56 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Repay Price Performance

Shares of NASDAQ:RPAY opened at $7.21 on Friday. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.64. Repay has a twelve month low of $7.08 and a twelve month high of $11.27. The company’s 50 day moving average is $7.47 and its 200 day moving average is $7.89. The company has a market cap of $703.93 million, a PE ratio of -8.29 and a beta of 1.43.

Insider Buying and Selling

In other Repay news, CFO Timothy John Murphy sold 57,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $8.25, for a total transaction of $470,250.00. Following the transaction, the chief financial officer now directly owns 450,879 shares of the company’s stock, valued at $3,719,751.75. This trade represents a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 11.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on RPAY. DA Davidson restated a “buy” rating and set a $14.00 target price on shares of Repay in a research report on Thursday. Canaccord Genuity Group restated a “buy” rating and issued a $13.00 target price on shares of Repay in a research note on Thursday, February 13th. Finally, Keefe, Bruyette & Woods reduced their price target on Repay from $9.00 to $8.00 and set a “market perform” rating for the company in a research report on Monday, January 6th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $12.00.

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.