Repay Holdings Corporation (NASDAQ:RPAY) Receives Average Rating of "Hold" from Analysts

Key Points

• Repay Holdings Corporation has received an average rating of "Hold" from analysts, with a consensus price objective of $7.22 over the next 12 months.
• Despite a negative net margin of 35.79%, the company reported $0.20 earnings per share (EPS), meeting analysts' expectations, while revenues increased by 0.9% year-over-year.
• Institutional investors own 82.73% of Repay's stock, with significant recent increases in holdings by firms like American Century Companies and Private Management Group.

Shares of Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) have earned a consensus rating of "Hold" from the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $7.2222.

A number of research firms recently issued reports on RPAY. Canaccord Genuity Group reiterated a "buy" rating and set a $12.00 target price on shares of Repay in a research report on Friday, August 22nd. Citigroup dropped their target price on shares of Repay from $8.00 to $4.50 and set a "neutral" rating on the stock in a research report on Monday, May 19th. DA Davidson dropped their target price on shares of Repay from $12.00 to $10.00 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. Wall Street Zen upgraded shares of Repay from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Finally, UBS Group upped their price objective on shares of Repay from $4.50 to $5.75 and gave the stock a "neutral" rating in a report on Wednesday, August 13th.

Repay Trading Down 3.9%

RPAY opened at $5.66 on Tuesday. The company's 50 day moving average price is $5.38 and its two-hundred day moving average price is $5.06. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.85 and a quick ratio of 0.85. Repay has a fifty-two week low of $3.59 and a fifty-two week high of $9.75. The firm has a market capitalization of $516.98 million, a price-to-earnings ratio of -4.49 and a beta of 1.62.

Repay (NASDAQ:RPAY - Get Free Report) last released its earnings results on Monday, August 11th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.20. Repay had a negative net margin of 35.79% and a positive return on equity of 8.89%. The company had revenue of $75.63 million for the quarter, compared to the consensus estimate of $74.24 million. During the same quarter in the previous year, the company earned $0.22 EPS. Repay's quarterly revenue was up .9% compared to the same quarter last year. As a group, research analysts predict that Repay will post 0.72 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. American Century Companies Inc. raised its holdings in Repay by 45.5% during the second quarter. American Century Companies Inc. now owns 6,440,443 shares of the company's stock worth $31,043,000 after buying an additional 2,013,128 shares during the last quarter. Sunriver Management LLC raised its holdings in Repay by 2.1% during the first quarter. Sunriver Management LLC now owns 6,168,501 shares of the company's stock worth $34,359,000 after buying an additional 125,133 shares during the last quarter. Wellington Management Group LLP raised its holdings in Repay by 4.4% during the first quarter. Wellington Management Group LLP now owns 4,917,703 shares of the company's stock worth $27,392,000 after buying an additional 207,212 shares during the last quarter. Vanguard Group Inc. raised its holdings in Repay by 1.8% during the first quarter. Vanguard Group Inc. now owns 4,770,074 shares of the company's stock worth $26,569,000 after buying an additional 82,196 shares during the last quarter. Finally, Private Management Group Inc. raised its holdings in Repay by 57.3% during the second quarter. Private Management Group Inc. now owns 4,175,111 shares of the company's stock worth $20,124,000 after buying an additional 1,520,432 shares during the last quarter. Institutional investors and hedge funds own 82.73% of the company's stock.

Repay Company Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.

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