Litchfield Hills Research Boosts Earnings Estimates for Usio

Usio, Inc. (NASDAQ:USIO) – Equities research analysts at Litchfield Hills Research upped their FY2024 EPS estimates for shares of Usio in a research report issued on Monday, November 18th. Litchfield Hills Research analyst B. Sine now anticipates that the company will post earnings of $0.11 per share for the year, up from their prior estimate of $0.07. The consensus estimate for Usio’s current full-year earnings is $0.08 per share. Litchfield Hills Research also issued estimates for Usio’s Q3 2026 earnings at $0.05 EPS.

Separately, HC Wainwright restated a “buy” rating and set a $4.00 price target on shares of Usio in a report on Friday, August 16th.

Usio Trading Up 0.7 %

Shares of Usio stock opened at $1.48 on Wednesday. The business has a 50-day moving average price of $1.41 and a 200-day moving average price of $1.49. Usio has a twelve month low of $1.30 and a twelve month high of $2.00. The firm has a market cap of $40.15 million, a price-to-earnings ratio of 16.44 and a beta of 1.70. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.03.

Institutional Trading of Usio

Several hedge funds and other institutional investors have recently bought and sold shares of USIO. Whittier Trust Co. bought a new position in Usio in the third quarter worth about $3,821,000. Perritt Capital Management Inc raised its position in shares of Usio by 35.7% in the 2nd quarter. Perritt Capital Management Inc now owns 380,000 shares of the company’s stock valued at $581,000 after purchasing an additional 100,000 shares during the last quarter. Creative Planning acquired a new stake in shares of Usio during the third quarter worth $58,000. Finally, Geode Capital Management LLC grew its holdings in shares of Usio by 5.6% during the third quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock valued at $248,000 after buying an additional 9,731 shares during the last quarter. Institutional investors own 20.23% of the company’s stock.

Usio Company Profile

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.