$0.15 Earnings Per Share Expected for Repay Holdings Corporation (NASDAQ:RPAY) This Quarter

Wall Street analysts expect that Repay Holdings Corporation (NASDAQ:RPAY) will post earnings of $0.15 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Repay’s earnings, with the lowest EPS estimate coming in at $0.13 and the highest estimate coming in at $0.16. The business is expected to issue its next quarterly earnings results on Monday, August 10th.

According to Zacks, analysts expect that Repay will report full year earnings of $0.45 per share for the current fiscal year, with EPS estimates ranging from $0.39 to $0.55. For the next fiscal year, analysts anticipate that the business will report earnings of $0.50 per share, with EPS estimates ranging from $0.08 to $0.73. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Repay.

Repay (NASDAQ:RPAY) last announced its earnings results on Monday, May 11th. The company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.02. The company had revenue of $39.46 million for the quarter, compared to analysts’ expectations of $37.86 million. The firm’s revenue was up 71.4% compared to the same quarter last year.

A number of analysts have weighed in on the stock. SunTrust Banks raised their price objective on shares of Repay from $20.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, June 5th. Northland Securities initiated coverage on shares of Repay in a report on Friday. They issued a “buy” rating and a $28.00 target price on the stock. Credit Suisse Group lifted their target price on shares of Repay from $17.00 to $28.00 and gave the company an “outperform” rating in a report on Friday, June 12th. BidaskClub raised shares of Repay from a “buy” rating to a “strong-buy” rating in a report on Friday, June 12th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Repay from $20.00 to $27.00 and gave the company an “outperform” rating in a report on Monday, June 1st. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Repay presently has an average rating of “Buy” and a consensus target price of $26.44.

NASDAQ:RPAY traded down $0.63 during mid-day trading on Tuesday, hitting $24.63. The stock had a trading volume of 1,085,707 shares, compared to its average volume of 741,179. The stock has a 50-day simple moving average of $23.33 and a two-hundred day simple moving average of $17.86. Repay has a twelve month low of $10.21 and a twelve month high of $27.93. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.53.

In other Repay news, Director Robert Herman Hartheimer sold 10,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $18.37, for a total transaction of $183,700.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Thomas Eugene Sullivan sold 28,145 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $23.45, for a total transaction of $660,000.25. Following the sale, the vice president now owns 69,099 shares in the company, valued at $1,620,371.55. The disclosure for this sale can be found here. Company insiders own 16.54% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the business. UBS Group AG boosted its position in shares of Repay by 32.0% during the 1st quarter. UBS Group AG now owns 2,640 shares of the company’s stock worth $38,000 after purchasing an additional 640 shares in the last quarter. Swiss National Bank boosted its position in shares of Repay by 1.7% during the 1st quarter. Swiss National Bank now owns 61,200 shares of the company’s stock worth $878,000 after purchasing an additional 1,000 shares in the last quarter. Great West Life Assurance Co. Can purchased a new stake in shares of Repay during the 4th quarter worth $33,000. Tower Research Capital LLC TRC boosted its position in shares of Repay by 134.4% during the 1st quarter. Tower Research Capital LLC TRC now owns 5,544 shares of the company’s stock worth $65,000 after purchasing an additional 3,179 shares in the last quarter. Finally, Citigroup Inc. purchased a new stake in shares of Repay during the 4th quarter worth $64,000. Institutional investors own 84.27% of the company’s stock.

Repay Company Profile

Repay Holdings Corporation provides integrated payment processing solutions in the United States. The company offers credit and debit card processing, automated clearing house processing, and funding solutions. It primarily serves clients in consumer finance, automotive, receivables management, and healthcare sectors, as well as financial institutions.

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Earnings History and Estimates for Repay (NASDAQ:RPAY)

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