Zacks: Analysts Anticipate Repay Holdings Co. (NASDAQ:RPAY) to Announce $0.22 EPS

Equities research analysts expect that Repay Holdings Co. (NASDAQ:RPAY – Get Rating) will post earnings per share (EPS) of $0.22 for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Repay’s earnings, with estimates ranging from $0.16 to $0.26. Repay reported earnings of $0.18 per share in the same quarter last year, which would suggest a positive year over year growth rate of 22.2%. The business is scheduled to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Repay will report full year earnings of $0.90 per share for the current year, with EPS estimates ranging from $0.75 to $1.01. For the next financial year, analysts expect that the firm will report earnings of $1.16 per share, with EPS estimates ranging from $1.13 to $1.18. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Repay.

Repay (NASDAQ:RPAY – Get Rating) last announced its quarterly earnings data on Tuesday, March 1st. The company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.10. The firm had revenue of $62.20 million during the quarter, compared to the consensus estimate of $63.77 million. Repay had a positive return on equity of 6.83% and a negative net margin of 22.84%. The business’s revenue was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 earnings per share.

A number of brokerages have recently issued reports on RPAY. Morgan Stanley reduced their price objective on shares of Repay from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 2nd. Citigroup reduced their target price on shares of Repay from $26.00 to $24.00 in a report on Wednesday, January 19th. TheStreet lowered Repay from a “c-” rating to a “d+” rating in a research note on Monday, March 14th. BTIG Research dropped their target price on Repay from $31.00 to $24.00 and set a “buy” rating on the stock in a report on Wednesday, January 26th. Finally, Credit Suisse Group cut their price objective on Repay from $27.00 to $24.00 and set an “outperform” rating for the company in a research report on Wednesday, March 2nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Repay has an average rating of “Buy” and an average price target of $22.33.

Repay stock opened at $13.39 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.49. Repay has a 12 month low of $12.91 and a 12 month high of $25.75. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of -21.95 and a beta of 0.72. The stock has a fifty day simple moving average of $15.00 and a two-hundred day simple moving average of $17.36.

In other Repay news, EVP Naomi Barnett sold 6,500 shares of Repay stock in a transaction that occurred on Wednesday, March 9th. The shares were sold at an average price of $14.72, for a total value of $95,680.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 11.66% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Taylor Frigon Capital Management LLC increased its stake in shares of Repay by 1.6% in the first quarter. Taylor Frigon Capital Management LLC now owns 197,593 shares of the company’s stock worth $2,918,000 after acquiring an additional 3,157 shares during the last quarter. Westwood Holdings Group Inc. boosted its position in Repay by 59.1% in the 4th quarter. Westwood Holdings Group Inc. now owns 3,386,366 shares of the company’s stock valued at $61,869,000 after buying an additional 1,257,666 shares during the last quarter. BlackRock Inc. grew its holdings in Repay by 2.0% during the 4th quarter. BlackRock Inc. now owns 6,393,941 shares of the company’s stock worth $116,816,000 after acquiring an additional 123,697 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Repay by 62.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 63,379 shares of the company’s stock valued at $1,158,000 after acquiring an additional 24,299 shares during the period. Finally, California State Teachers Retirement System raised its stake in Repay by 9.9% during the 4th quarter. California State Teachers Retirement System now owns 120,237 shares of the company’s stock worth $2,197,000 after buying an additional 10,831 shares during the period.

Repay Company Profile (Get Rating)

Repay Holdings Corporation provides integrated payment processing solutions to industry-oriented markets. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods. It also offers a range of solutions relating to electronic payment methods, including credit and debit processing, virtual credit card processing, automated clearing house (ACH) processing, enhanced ACH processing, and instant funding that are processed through its proprietary payment channels, such as Web-based, mobile application, text-to-pay, interactive voice response, and point of sale.

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