Analysts Set Repay Holdings Co. (NASDAQ:RPAY) PT at $10.25

Shares of Repay Holdings Co. (NASDAQ:RPAY) have been given a consensus recommendation of “Hold” by the thirteen brokerages that are currently covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $10.25.

A number of research analysts have commented on RPAY shares. DA Davidson restated a “buy” rating and set a $16.00 price objective on shares of Repay in a research note on Tuesday, April 30th. Truist Financial reiterated a “buy” rating and set a $13.00 price objective (up previously from $10.00) on shares of Repay in a research note on Monday, March 4th. Keefe, Bruyette & Woods upped their target price on shares of Repay from $8.50 to $9.50 and gave the company a “market perform” rating in a research note on Monday, March 4th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $13.00 price target on shares of Repay in a research note on Friday, March 1st. Finally, Benchmark initiated coverage on shares of Repay in a research report on Tuesday, February 13th. They issued a “buy” rating and a $10.00 price objective for the company.

Insiders Place Their Bets

In other news, CFO Timothy John Murphy sold 58,275 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $11.03, for a total value of $642,773.25. Following the completion of the sale, the chief financial officer now directly owns 506,924 shares in the company, valued at approximately $5,591,371.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 116,019 shares of company stock valued at $1,220,382 in the last quarter. Insiders own 11.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Spire Wealth Management acquired a new stake in Repay during the fourth quarter worth about $34,000. Quest Partners LLC acquired a new stake in shares of Repay during the 4th quarter worth approximately $56,000. Oak Thistle LLC bought a new stake in shares of Repay in the 4th quarter worth approximately $103,000. Bfsg LLC acquired a new position in Repay during the 4th quarter valued at approximately $119,000. Finally, SG Americas Securities LLC bought a new position in Repay during the 3rd quarter worth $134,000. 82.73% of the stock is currently owned by institutional investors.

Repay Stock Up 4.5 %

RPAY opened at $10.80 on Friday. The company has a market cap of $1.10 billion, a PE ratio of -8.85 and a beta of 1.36. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.95 and a current ratio of 2.95. Repay has a 1 year low of $5.63 and a 1 year high of $11.22. The firm has a 50 day moving average price of $10.16 and a 200 day moving average price of $8.48.

Repay (NASDAQ:RPAY) last released its quarterly earnings data on Thursday, February 29th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.03. The company had revenue of $75.99 million during the quarter, compared to analyst estimates of $69.94 million. Repay had a negative net margin of 37.25% and a positive return on equity of 7.49%. Sell-side analysts expect that Repay will post 0.73 earnings per share for the current year.

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.