Repay Holdings Corporation (NASDAQ:RPAY) Stock Has Consensus Target Price of $5.25

Key Points

• Analysts have a consensus “Hold” rating on Repay Holdings, with three buys, three holds and one sell; the average 12-month price target is $5.25.
• Repay shares opened at $3.79 after declining 3.6%, trading within a 12-month range of $2.30 to $5.39. Recent quarterly results narrowly missed expectations, with EPS of $0.20 versus a $0.21 consensus and revenue of $100.71 million versus $101.86 million expected.
• Institutional investors own 82.73% of the company, while insiders own 12%; General Counsel Tyler Dempsey recently sold 25,000 shares at an average price of $3.91.

Shares of Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) have earned a consensus rating of "Hold" from the seven analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $5.25.

A number of research firms recently weighed in on RPAY. DA Davidson reaffirmed a "buy" rating and issued a $6.00 price objective on shares of Repay in a report on Wednesday, July 15th. UBS Group boosted their price objective on Repay from $3.75 to $4.25 and gave the stock a "neutral" rating in a research report on Wednesday, June 3rd. Weiss Ratings raised Repay from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, August 20th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a $8.00 target price on shares of Repay in a research report on Wednesday, August 19th.

Repay Trading Down 3.6%

Shares of NASDAQ RPAY opened at $3.79 on Friday. Repay has a 12-month low of $2.30 and a 12-month high of $5.39. The company has a market cap of $360.62 million, a price-to-earnings ratio of -1.86 and a beta of 1.83. The company has a current ratio of 1.45, a quick ratio of 1.43 and a debt-to-equity ratio of 1.60. The stock's 50 day simple moving average is $3.82 and its 200 day simple moving average is $3.56.

Repay (NASDAQ:RPAY - Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). Repay had a positive return on equity of 11.03% and a negative net margin of 49.57%.The company had revenue of $100.71 million during the quarter, compared to analyst estimates of $101.86 million. Equities research analysts expect that Repay will post 0.88 EPS for the current year.

Insider Transactions at Repay

In other news, General Counsel Tyler Dempsey sold 25,000 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $3.91, for a total value of $97,750.00. Following the completion of the transaction, the general counsel owned 466,251 shares of the company's stock, valued at approximately $1,823,041.41. This represents a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 12.00% of the company's stock.

Institutional Investors Weigh In On Repay

Institutional investors have recently bought and sold shares of the stock. HB Wealth Management LLC lifted its stake in shares of Repay by 4.6% in the 1st quarter. HB Wealth Management LLC now owns 78,151 shares of the company's stock worth $203,000 after acquiring an additional 3,452 shares during the period. Essential Partners LLC increased its stake in shares of Repay by 69.8% during the first quarter. Essential Partners LLC now owns 9,612 shares of the company's stock valued at $25,000 after acquiring an additional 3,950 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Repay during the fourth quarter worth approximately $40,000. Krilogy Financial LLC bought a new stake in Repay during the first quarter worth approximately $29,000. Finally, Caerus Investment Advisors LLC acquired a new stake in Repay in the first quarter worth approximately $31,000. Institutional investors and hedge funds own 82.73% of the company's stock.

About Repay

Repay Holdings Corporation, doing business as REPAY, is a financial technology company that provides integrated payment processing and related technology. Its platform enables businesses and consumers to make and receive payments through credit and debit cards, automated clearing house (ACH) transactions, electronic checks and other digital payment methods.

REPAY serves specialized markets including consumer finance, automotive, healthcare, education, government, utilities and communications.

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