Usio’s (USIO) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright restated their buy rating on shares of Usio (NASDAQ:USIO) in a research note published on Thursday,Benzinga reports. The firm currently has a $4.00 price target on the stock. HC Wainwright also issued estimates for Usio’s Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.07 EPS and FY2026 earnings at $0.33 EPS.

Usio Trading Down 5.8 %

Shares of Usio stock opened at $1.47 on Thursday. Usio has a twelve month low of $1.24 and a twelve month high of $2.92. The firm’s 50-day moving average price is $1.75 and its 200 day moving average price is $1.60. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $38.98 million, a PE ratio of 16.33 and a beta of 1.82.

Usio (NASDAQ:USIO) last posted its quarterly earnings data on Wednesday, March 26th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. Usio had a negative return on equity of 2.98% and a net margin of 3.33%. The firm had revenue of $20.56 million during the quarter, compared to the consensus estimate of $21.10 million. On average, sell-side analysts predict that Usio will post -0.03 EPS for the current fiscal year.

Institutional Trading of Usio

A number of hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC grew its position in shares of Usio by 25.5% in the fourth quarter. Renaissance Technologies LLC now owns 479,383 shares of the company’s stock valued at $700,000 after purchasing an additional 97,442 shares in the last quarter. Integrity Wealth Advisors Inc. purchased a new stake in Usio in the 4th quarter valued at $139,000. Perkins Capital Management Inc. increased its position in Usio by 1.4% during the fourth quarter. Perkins Capital Management Inc. now owns 995,693 shares of the company’s stock worth $1,454,000 after purchasing an additional 13,500 shares during the last quarter. Perritt Capital Management Inc raised its position in shares of Usio by 2.1% during the 4th quarter. Perritt Capital Management Inc now owns 478,200 shares of the company’s stock valued at $698,000 after buying an additional 10,000 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Usio by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock worth $248,000 after purchasing an additional 9,731 shares during the last quarter. Institutional investors and hedge funds own 20.23% of the company’s stock.

About Usio

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.