Repay (RPAY) Set to Announce Earnings on Thursday

Repay (NASDAQ:RPAY) is scheduled to release its earnings data after the market closes on Thursday, May 9th. Analysts expect Repay to post earnings of $0.22 per share for the quarter. Repay has set its FY 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Repay (NASDAQ:RPAY) last issued its earnings results on Thursday, February 29th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The firm had revenue of $75.99 million for the quarter, compared to analyst estimates of $69.94 million. Repay had a positive return on equity of 7.49% and a negative net margin of 37.25%. On average, analysts expect Repay to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Repay Price Performance

Shares of NASDAQ RPAY opened at $10.95 on Wednesday. The stock has a market cap of $1.12 billion, a PE ratio of -8.98 and a beta of 1.36. Repay has a fifty-two week low of $5.63 and a fifty-two week high of $11.22. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.95 and a current ratio of 2.95. The stock has a fifty day moving average of $10.20 and a 200-day moving average of $8.52.

Analyst Ratings Changes

Several brokerages have recently weighed in on RPAY. Truist Financial reiterated a “buy” rating and issued a $13.00 price target (up from $10.00) on shares of Repay in a research report on Monday, March 4th. Barclays lifted their price target on Repay from $9.00 to $10.00 and gave the company an “overweight” rating in a research report on Tuesday, January 16th. Keefe, Bruyette & Woods lifted their price target on Repay from $8.50 to $9.50 and gave the company a “market perform” rating in a research report on Monday, March 4th. Benchmark assumed coverage on Repay in a research report on Tuesday, February 13th. They set a “buy” rating and a $10.00 target price for the company. Finally, DA Davidson restated a “buy” rating and set a $16.00 target price on shares of Repay in a research report on Tuesday, April 30th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.25.

Insiders Place Their Bets

In other Repay news, CFO Timothy John Murphy sold 4,925 shares of Repay stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $10.00, for a total transaction of $49,250.00. Following the transaction, the chief financial officer now directly owns 652,011 shares of the company’s stock, valued at $6,520,110. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 116,019 shares of company stock valued at $1,220,382 over the last quarter. 11.00% of the stock is owned by corporate insiders.

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.