Repay Holdings Corporation (RPAY) - What Are Analysts Saying About This Stock?

Key Points

• Analysts hold a mixed view on Repay: Seven brokerages collectively rate the stock “Hold,” with three buys, three holds and one sell. The average 12-month price target is $5.25, while recent targets range from $6.00 to $8.00.
• Repay shares opened at $4.07, with a market capitalization of about $387 million and a 52-week range of $2.30 to $5.25. The company’s latest quarterly results narrowly missed expectations, reporting $0.20 in EPS versus a $0.21 consensus and revenue of $100.71 million versus $101.86 million expected.
• Institutional ownership remains high at 82.73%, although insiders sold 50,000 shares worth approximately $197,780 over the past 90 days. Repay provides integrated electronic payment processing and accounts-receivable management solutions across industries including consumer finance, automotive lending and healthcare.

Shares of Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) have been given a consensus rating of "Hold" by the seven brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $5.25.

RPAY has been the subject of a number of recent research reports. DA Davidson restated a "buy" rating and set a $6.00 price target on shares of Repay in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of Repay from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Thursday, August 20th. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $8.00 price target on shares of Repay in a research note on Friday, October 16th.

Repay Stock Performance

RPAY stock opened at $4.07 on Wednesday. The company has a market cap of $387.26 million, a P/E ratio of -2.00 and a beta of 1.89. Repay has a 1 year low of $2.30 and a 1 year high of $5.25. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.45 and a quick ratio of 1.43. The stock's fifty day moving average price is $3.81 and its 200-day moving average price is $3.69.

Repay (NASDAQ:RPAY - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.20 EPS 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 firm had revenue of $100.71 million during the quarter, compared to the consensus estimate of $101.86 million. On average, equities analysts forecast that Repay will post 0.88 earnings per share for the current year.

Insider Activity at Repay

In other news, General Counsel Tyler Dempsey sold 25,000 shares of the firm's stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $3.91, for a total value of $97,750.00. Following the transaction, the general counsel owned 466,251 shares of the company's stock, valued at $1,823,041.41. This trade represents a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 50,000 shares of company stock valued at $197,780 over the last 90 days. 12.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Repay

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in shares of Repay by 79.6% in the first quarter. Bank of America Corp DE now owns 495,656 shares of the company's stock worth $1,289,000 after purchasing an additional 219,747 shares during the period. Bank of New York Mellon Corp bought a new position in Repay in the 2nd quarter worth $842,000. Arrowstreet Capital Limited Partnership purchased a new stake in Repay in the 1st quarter worth $217,000. Inspire Investing LLC increased its stake in Repay by 45.2% in the 1st quarter. Inspire Investing LLC now owns 187,443 shares of the company's stock worth $487,000 after buying an additional 58,317 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in Repay by 9.9% in the 1st quarter. Empowered Funds LLC now owns 510,504 shares of the company's stock worth $1,327,000 after buying an additional 45,939 shares in the last quarter. 82.73% of the stock is owned by hedge funds and other institutional investors.

About Repay

Repay Holdings Corporation, doing business as REPAY, is a financial technology company that provides integrated payment processing and accounts receivable management solutions. Its platform helps businesses accept, process and reconcile electronic payments through channels such as automated clearing house (ACH) transactions, debit and credit cards, digital wallets, online portals, text messages and interactive voice response systems.

REPAY serves organizations in several specialized industries, including consumer finance, automotive lending, healthcare, education, property management, government and business-to-business payments.

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