Repay Holdings Corporation (NASDAQ:RPAY) Given Average Rating of "Hold" by Brokerages

Key Points

• MarketBeat shows a consensus analyst rating of "Hold" for RPAY from nine firms (1 sell, 5 hold, 3 buy) with an average 12‑month target of $5.53; several analysts (Morgan Stanley, UBS, Canaccord, Benchmark) recently trimmed price targets though some still retain buy ratings.
• Institutional investors own 82.73% of the stock, and large managers like Millennium Management increased stakes (now ~2.17M shares, ~$12.1M), indicating substantial institutional interest.
• In the latest quarter Repay missed EPS estimates ($0.19 vs. $0.21) while posting $78.6M in revenue (slightly above consensus); the shares trade near $4.06 with a market cap of roughly $370M and a negative P/E of -1.34.

Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) has been given a consensus rating of "Hold" by the nine ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $5.5313.

A number of analysts have issued reports on the stock. Morgan Stanley cut their price objective on shares of Repay from $4.00 to $3.50 and set an "equal weight" rating for the company in a report on Tuesday, March 10th. Canaccord Genuity Group cut their target price on Repay from $12.00 to $8.00 and set a "buy" rating for the company in a research report on Monday, March 16th. DA Davidson reiterated a "buy" rating and set a $8.00 target price on shares of Repay in a research report on Tuesday. Benchmark cut their target price on Repay from $8.00 to $6.00 and set a "buy" rating for the company in a research report on Tuesday, March 10th. Finally, UBS Group cut their target price on Repay from $4.00 to $3.50 and set a "neutral" rating for the company in a research report on Wednesday, March 11th.

Institutional Trading of Repay

A number of institutional investors and hedge funds have recently made changes to their positions in RPAY. Millennium Management LLC lifted its holdings in shares of Repay by 24.6% during the 1st quarter. Millennium Management LLC now owns 2,166,100 shares of the company's stock worth $12,065,000 after acquiring an additional 428,289 shares during the period. Empowered Funds LLC lifted its holdings in shares of Repay by 4.6% during the 1st quarter. Empowered Funds LLC now owns 497,625 shares of the company's stock worth $2,772,000 after acquiring an additional 21,807 shares during the period. Jane Street Group LLC lifted its holdings in shares of Repay by 57.6% during the 1st quarter. Jane Street Group LLC now owns 95,979 shares of the company's stock worth $535,000 after acquiring an additional 35,068 shares during the period. Creative Planning lifted its holdings in shares of Repay by 13.0% during the 2nd quarter. Creative Planning now owns 64,340 shares of the company's stock worth $310,000 after acquiring an additional 7,381 shares during the period. Finally, Rhumbline Advisers lifted its holdings in shares of Repay by 31.5% during the 2nd quarter. Rhumbline Advisers now owns 174,531 shares of the company's stock worth $841,000 after acquiring an additional 41,816 shares during the period. Institutional investors own 82.73% of the company's stock.

Repay Stock Performance

NASDAQ RPAY opened at $4.06 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $370.15 million, a P/E ratio of -1.34 and a beta of 1.60. Repay has a 12-month low of $2.30 and a 12-month high of $6.05. The firm has a 50-day moving average price of $3.05 and a two-hundred day moving average price of $3.48.

Repay (NASDAQ:RPAY - Get Free Report) last posted its quarterly earnings data on Monday, March 9th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.02). The business had revenue of $78.59 million during the quarter, compared to the consensus estimate of $76.79 million. Repay had a negative net margin of 83.01% and a positive return on equity of 9.30%. The business's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. Analysts anticipate that Repay will post 0.69 earnings per share for the current year.

Repay Company Profile

Repay Holdings Corp. Nasdaq: RPAY is a specialized financial technology company that delivers integrated payment solutions to businesses operating within key vertical markets. The company's platform enables merchants and service providers to accept a range of payment types, including credit and debit cards, automated clearing house (ACH) transfers and electronic checks. Repay's offerings are designed to seamlessly integrate with third-party software applications, such as enterprise resource planning, customer relationship management and point-of-sale systems, empowering industries such as utilities, telecommunications, automotive finance, healthcare, insurance, property management and education.

Tracing its roots to the formation of Pinnacle Payment Systems in 1997, Repay expanded its capabilities through strategic acquisitions, including Southeastern Integrated Solutions and Payliance, before completing a business combination with Thunder Bridge Acquisition II in 2019 to become a publicly traded company on the Nasdaq.

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