Repay (RPAY) Set to Announce Quarterly Earnings on Tuesday

Repay (NASDAQ:RPAY) will be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Repay to post earnings of $0.22 per share for the quarter. Investors that wish to register for 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 (EPS) for the quarter, meeting the consensus estimate of $0.22. Repay had a positive return on equity of 8.34% and a negative net margin of 29.01%. The business had revenue of $74.91 million during the quarter, compared to analyst estimates of $76.28 million. During the same period in the previous year, the firm earned $0.14 EPS. Repay’s quarterly 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 Performance

Shares of RPAY opened at $8.76 on Friday. The firm has a market cap of $856.29 million, a P/E ratio of -9.03 and a beta of 1.44. 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’s 50 day moving average price is $8.05 and its two-hundred day moving average price is $9.15.

Insider Transactions at Repay

In related news, EVP Jacob Hamilton Moore sold 51,694 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $8.00, for a total value of $413,552.00. Following the transaction, the executive vice president now owns 140,130 shares in the company, valued at approximately $1,121,040. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 269,524 shares of company stock worth $2,222,784. 11.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on RPAY shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $13.00 price objective on shares of Repay in a research report on Wednesday, September 25th. Benchmark reaffirmed a “buy” rating and issued a $13.00 target price on shares of Repay in a research report on Tuesday, August 13th. Finally, Barclays reduced their price target on Repay from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus 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.