Repay Holdings Co. (NASDAQ:RPAY – Get Free Report) EVP Jacob Hamilton Moore sold 210,632 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $8.31, for a total value of $1,750,351.92. Following the completion of the transaction, the executive vice president now directly owns 240,130 shares in the company, valued at $1,995,480.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Repay Stock Down 5.2 %
NASDAQ RPAY opened at $8.02 on Friday. The company has a current ratio of 3.83, a quick ratio of 3.83 and a debt-to-equity ratio of 0.52. Repay Holdings Co. has a 12 month low of $5.63 and a 12 month high of $11.27. The company’s fifty day moving average price is $9.04 and its two-hundred day moving average price is $9.75.
Repay (NASDAQ:RPAY – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $74.91 million for the quarter, compared to analysts’ expectations of $76.28 million. Repay had a negative net margin of 29.01% and a positive return on equity of 8.34%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 earnings per share. Equities analysts anticipate that Repay Holdings Co. will post 0.74 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on RPAY. DA Davidson reiterated a “buy” rating and issued a $16.00 target price on shares of Repay in a research note on Tuesday, July 9th. Benchmark reiterated a “buy” rating and set 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 for the company in a research note on Monday, August 12th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $13.00 price target on shares of Repay in a research note on Friday, May 10th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $11.00 price objective on shares of Repay in a research report on Wednesday, July 3rd. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Repay currently has an average rating of “Moderate Buy” and a consensus price target of $11.10.
Get Our Latest Analysis on Repay
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.
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