Usio Q4 EPS Forecast Reduced by Litchfield Hills Research

Usio, Inc. (NASDAQ:USIO) – Equities researchers at Litchfield Hills Research decreased their Q4 2024 earnings per share (EPS) estimates for Usio in a research note issued to investors on Monday, November 18th. Litchfield Hills Research analyst B. Sine now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.04. The consensus estimate for Usio’s current full-year earnings is $0.08 per share.

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

Usio Price Performance

Shares of Usio stock opened at $1.48 on Tuesday. The stock has a market cap of $40.15 million, a price-to-earnings ratio of 16.44 and a beta of 1.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a 50 day moving average price of $1.41 and a 200-day moving average price of $1.49. Usio has a one year low of $1.30 and a one year high of $2.00.

Hedge Funds Weigh In On Usio

Large investors have recently bought and sold shares of the business. Creative Planning bought a new position in shares of Usio in the third quarter worth about $58,000. Geode Capital Management LLC boosted its holdings in shares of Usio by 5.6% in the third quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock valued at $248,000 after purchasing an additional 9,731 shares during the period. Perritt Capital Management Inc increased its holdings 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 purchasing an additional 100,000 shares during the period. Finally, Whittier Trust Co. bought a new stake in Usio during the 3rd quarter valued at $3,821,000. Hedge funds and other institutional investors own 20.23% of the company’s stock.

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.