Repay (RPAY) Scheduled to Post Earnings on Tuesday

Repay (NASDAQ:RPAY - Get Free Report) is scheduled to post 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. Repay has set its FY 2024 guidance at EPS.Parties that are interested in registering for the company's conference call can do so using this link.

Repay (NASDAQ:RPAY - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $74.91 million for the quarter, compared to analyst estimates of $76.28 million. Repay had a negative net margin of 29.01% and a positive return on equity of 8.34%. The business's quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the business posted $0.14 EPS. 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 traded up $0.10 during trading hours on Tuesday, reaching $8.16. 453,997 shares of the company traded hands, compared to its average volume of 840,002. Repay has a 1-year low of $6.01 and a 1-year high of $11.27. The stock has a market cap of $797.64 million, a P/E ratio of -8.20 and a beta of 1.44. The stock's fifty day moving average is $8.04 and its 200 day moving average is $9.18. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.83 and a current ratio of 3.83.

Wall Street Analysts Forecast Growth

RPAY has been the topic of several recent research reports. DA Davidson reissued a "buy" rating and set a $16.00 price objective on shares of Repay in a report on Tuesday, July 9th. Benchmark restated a "buy" rating and issued a $13.00 price objective on shares of Repay in a research note on Tuesday, August 13th. Barclays decreased their target price on shares of Repay from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Monday, August 12th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $13.00 price target on shares of Repay in a research note on Wednesday, September 25th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $12.29.

Insider Activity

In related news, EVP Jacob Hamilton Moore sold 210,632 shares of the firm's stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $8.31, for a total transaction of $1,750,351.92. Following the completion of the sale, the executive vice president now directly owns 240,130 shares of the company's stock, valued at $1,995,480.30. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 269,524 shares of company stock worth $2,222,784. Insiders own 11.00% 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.