Repay (RPAY) Set to Announce Quarterly Earnings on Tuesday

Repay (NASDAQ:RPAYGet Rating) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, May 10th. Analysts expect Repay to post earnings of $0.17 per share for the quarter. Repay has set its FY 2022 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Repay (NASDAQ:RPAYGet Rating) last released its earnings results on Tuesday, March 1st. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.10. Repay had a negative net margin of 22.84% and a positive return on equity of 6.83%. The firm had revenue of $62.20 million during the quarter, compared to the consensus estimate of $63.77 million. During the same period in the previous year, the firm earned $0.13 earnings per share. Repay’s revenue was up 50.1% compared to the same quarter last year. On average, analysts expect Repay to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Repay stock traded up $0.14 during trading on Tuesday, reaching $13.82. The company had a trading volume of 939 shares, compared to its average volume of 330,647. Repay has a 12-month low of $12.91 and a 12-month high of $25.75. The stock’s 50 day moving average price is $14.80 and its two-hundred day moving average price is $17.11. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -22.43 and a beta of 0.75. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.04 and a current ratio of 1.04.

A number of equities research analysts recently issued reports on the stock. Morgan Stanley lowered their target price on shares of Repay from $19.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, March 2nd. Zacks Investment Research downgraded shares of Repay from a “buy” rating to a “hold” rating in a report on Friday, March 11th. Credit Suisse Group decreased their price objective on shares of Repay from $27.00 to $24.00 and set an “outperform” rating for the company in a research note on Wednesday, March 2nd. Citigroup decreased their price objective on shares of Repay from $26.00 to $24.00 in a research note on Wednesday, January 19th. Finally, TheStreet downgraded shares of Repay from a “c-” rating to a “d+” rating in a research note on Monday, March 14th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $22.33.

In other Repay news, EVP Naomi Barnett sold 6,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 9th. The shares were sold at an average price of $14.72, for a total transaction of $95,680.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 11.66% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Group AG lifted its position in shares of Repay by 26.1% during the third quarter. UBS Group AG now owns 6,807 shares of the company’s stock worth $157,000 after purchasing an additional 1,407 shares in the last quarter. Ensign Peak Advisors Inc acquired a new position in shares of Repay during the fourth quarter worth $36,000. Credit Suisse AG lifted its position in shares of Repay by 12.7% during the fourth quarter. Credit Suisse AG now owns 59,099 shares of the company’s stock worth $1,078,000 after purchasing an additional 6,663 shares in the last quarter. Invesco Ltd. lifted its position in shares of Repay by 18.0% during the third quarter. Invesco Ltd. now owns 46,442 shares of the company’s stock worth $1,069,000 after purchasing an additional 7,081 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Repay by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 1,418,016 shares of the company’s stock valued at $25,907,000 after acquiring an additional 7,913 shares in the last quarter.

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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Earnings History for Repay (NASDAQ:RPAY)

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