Repay Holdings Corporation (NASDAQ:RPAY) Stock Has Consensus Target Price of $5.25 According to Analysts

Shares of Repay Holdings Corporation (NASDAQ:RPAY) have been given an average rating of “Hold” by the seven analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $5.25.

RPAY has been the topic of several research analyst reports. Canaccord Genuity Group restated a “buy” rating and set a $8.00 target price on shares of Repay in a research note on Wednesday, August 19th. Weiss Ratings upgraded Repay from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 20th. 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. Finally, UBS Group increased their price objective on shares of Repay from $3.75 to $4.25 and gave the company a “neutral” rating in a research report on Wednesday, June 3rd.

Repay Price Performance

RPAY opened at $3.75 on Friday. The business’s 50-day moving average is $3.82 and its two-hundred day moving average is $3.57. Repay has a 1 year low of $2.30 and a 1 year high of $5.39. 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 firm has a market capitalization of $356.81 million, a PE ratio of -1.84 and a beta of 1.83.

Repay (NASDAQ:RPAY) last announced its earnings results on Monday, August 10th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates 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. Research analysts anticipate that Repay will post 0.88 earnings per share for the current fiscal year.

Insider Activity at Repay

In other Repay news, General Counsel Tyler Dempsey sold 11,112 shares of Repay stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $4.00, for a total transaction of $44,448.00. Following the completion of the sale, the general counsel owned 455,139 shares of the company’s stock, valued at approximately $1,820,556. The trade was a 2.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 12.00% of the company’s stock.

Institutional Investors Weigh In On Repay

A number of large investors have recently bought and sold shares of RPAY. Baird Financial Group Inc. lifted its stake in Repay by 100.0% during the 2nd quarter. Baird Financial Group Inc. now owns 50,000 shares of the company’s stock valued at $210,000 after acquiring an additional 25,000 shares during the period. Corient Private Wealth LP purchased a new stake in shares of Repay in the 2nd quarter valued at $50,000. Bank of New York Mellon Corp acquired a new stake in shares of Repay in the second quarter worth $842,000. Caerus Investment Advisors LLC acquired a new stake in shares of Repay in the first quarter worth $31,000. Finally, Essential Partners LLC raised its holdings in shares of Repay by 69.8% during the first quarter. Essential Partners LLC now owns 9,612 shares of the company’s stock worth $25,000 after purchasing an additional 3,950 shares during the last quarter. Hedge funds and other institutional investors own 82.73% of the company’s stock.

Repay Company Profile

Repay Holdings Corporation, doing business as REPAY, is a financial technology company that provides integrated payment processing and related technology. Its platform enables businesses and consumers to make and receive payments through credit and debit cards, automated clearing house (ACH) transactions, electronic checks and other digital payment methods.

REPAY serves specialized markets including consumer finance, automotive, healthcare, education, government, utilities and communications.