Equities research analysts expect that Repay Holdings Corporation (NASDAQ:RPAY) will announce $22.84 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Repay’s earnings, with estimates ranging from $22.70 million to $22.97 million. The business is scheduled to issue its next quarterly earnings results after the market closes on Wednesday, August 14th.
According to Zacks, analysts expect that Repay will report full-year sales of $96.46 million for the current financial year, with estimates ranging from $94.60 million to $98.31 million. For the next fiscal year, analysts expect that the business will report sales of $115.41 million, with estimates ranging from $112.50 million to $118.31 million. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Repay.
Repay (NASDAQ:RPAY) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($0.12) EPS for the quarter.
Separately, BTIG Research started coverage on shares of Repay in a research report on Tuesday, July 16th. They set a “buy” rating and a $16.00 price target for the company.
A hedge fund recently bought a new stake in Repay stock. Marshall Wace North America L.P. acquired a new position in shares of Repay Holdings Corporation (NASDAQ:RPAY) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 240,227 shares of the company’s stock, valued at approximately $2,506,000. Marshall Wace North America L.P. owned 0.74% of Repay as of its most recent SEC filing. 87.38% of the stock is currently owned by hedge funds and other institutional investors.
RPAY stock traded down $0.05 on Friday, hitting $11.72. 672,500 shares of the company were exchanged, compared to its average volume of 524,556. Repay has a twelve month low of $9.60 and a twelve month high of $14.00. The firm has a market capitalization of $364.10 million and a price-to-earnings ratio of -83.71.
Repay Holdings Corporation provides integrated payment processing solutions in the United States. The company offers credit and debit card processing, automated clearing house processing, and funding solutions. It primarily serves clients in consumer finance, automotive, receivables management, and healthcare sectors, as well as financial institutions.
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