Repay Holdings Corporation (NASDAQ:RPAY) Stock Rated "Hold" by Sell-Side Brokerages

Key Points

• Analysts have a “Hold” consensus on Repay, with one sell, three hold, and three buy ratings; the average 12-month price target is $5.38.
• Repay reported quarterly EPS of $0.25, slightly above the $0.24 consensus, and revenue of $153.4 million, also ahead of expectations.
• Company insiders sold 75,000 shares over the past three months, including a 25,000-share sale by the general counsel; insiders retain 12% ownership.

Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) has been assigned a consensus rating of "Hold" from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $5.38.

A number of research firms recently weighed in on RPAY. Canaccord Genuity Group decreased their price target on Repay from $8.00 to $7.00 and set a "buy" rating on the stock in a research note on Tuesday, November 10th. UBS Group boosted their price objective on shares of Repay from $4.25 to $4.75 and gave the stock a "neutral" rating in a report on Tuesday, November 10th. Weiss Ratings raised shares of Repay from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, August 20th. Finally, Stephens initiated coverage on shares of Repay in a research report on Friday. They issued an "equal weight" rating and a $5.00 price target on the stock.

Insiders Place Their Bets

In other news, General Counsel Tyler Dempsey sold 25,000 shares of Repay stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $4.75, for a total transaction of $118,750.00. Following the completion of the sale, the general counsel directly owned 416,251 shares in the company, valued at $1,977,192.25. The trade was a 5.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last three months, insiders have sold 75,000 shares of company stock valued at $316,530. Insiders own 12.00% of the company's stock.

Institutional Investors Weigh In On Repay

Hedge funds and other institutional investors have recently made changes to their positions in the business. Essential Partners LLC boosted its holdings in Repay by 69.8% in 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 last quarter. Caerus Investment Advisors LLC acquired a new stake in shares of Repay during the first quarter valued at about $31,000. Corient Private Wealth LP purchased a new stake in shares of Repay during the second quarter worth about $50,000. Chicago Partners Investment Group LLC purchased a new stake in shares of Repay during the first quarter worth about $36,000. Finally, StoneX Group Inc. purchased a new stake in shares of Repay during the third quarter worth about $70,000. Hedge funds and other institutional investors own 82.73% of the company's stock.

Repay Stock Performance

Shares of Repay stock traded up $0.08 on Friday, hitting $4.18. The stock had a trading volume of 373,485 shares, compared to its average volume of 527,861. The stock has a market cap of $397.73 million, a price-to-earnings ratio of -2.02 and a beta of 1.92. The company has a current ratio of 1.39, a quick ratio of 1.43 and a debt-to-equity ratio of 1.61. Repay has a 52-week low of $2.30 and a 52-week high of $4.80. The company's 50 day moving average price is $4.03 and its 200 day moving average price is $3.61.

Repay (NASDAQ:RPAY - Get Free Report) last announced its earnings results on Monday, November 9th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The business had revenue of $153.40 million for the quarter, compared to analysts' expectations of $151.97 million. Repay had a negative net margin of 41.21% and a positive return on equity of 12.79%. On average, research analysts anticipate that Repay will post 0.88 EPS for the current year.

About Repay

Repay Holdings Corporation, known as REPAY, provides payment processing technology that helps businesses accept and manage electronic payments. Its platform supports card payments and automated clearing house (ACH) transactions, including payments made online, by phone and in person. The company focuses on software-integrated payment solutions for industries such as consumer finance, healthcare, education, automotive and property management. REPAY works with businesses and software providers to connect payment processing with their existing systems.

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