Repay (NASDAQ:RPAY) Issues Earnings Results

Repay (NASDAQ:RPAY) issued its quarterly earnings results on Monday. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.07), Zacks reports. Repay had a positive return on equity of 8.73% and a negative net margin of 25.53%.

Repay Stock Performance

RPAY stock traded up $0.10 during trading on Monday, reaching $4.04. 2,143,298 shares of the company’s stock were exchanged, compared to its average volume of 962,412. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.64. Repay has a 1-year low of $3.59 and a 1-year high of $11.27. The company’s fifty day moving average price is $4.99 and its 200-day moving average price is $6.78. The firm has a market cap of $393.85 million, a PE ratio of -4.64 and a beta of 1.61.

Wall Street Analyst Weigh In

A number of research firms have recently commented on RPAY. Canaccord Genuity Group cut their price objective on Repay from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. DA Davidson reissued a “buy” rating and set a $14.00 price target on shares of Repay in a research report on Thursday, February 27th. Stephens restated an “overweight” rating and set a $11.00 price objective on shares of Repay in a report on Tuesday, March 4th. BMO Capital Markets lowered their price target on Repay from $10.00 to $8.00 and set a “market perform” rating for the company in a report on Tuesday, March 4th. Finally, UBS Group lowered their price target on Repay from $9.50 to $7.50 and set a “neutral” rating for the company in a report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Repay currently has an average rating of “Moderate Buy” and an average target price of $9.94.

About Repay

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.