Analysts expect Repay Holdings Co. (NASDAQ: RPAY) to post revenue of $ 59.27 million for the current fiscal quarter, Zacks investment research reports. Three analysts estimated Repay’s earnings, with estimates ranging from $ 58.97 million to $ 59.74 million. Repay reported sales of $ 37.64 million in the same quarter last year, which would suggest a positive growth rate of 57.5% year-over-year. The company is expected to release its next quarterly results on Monday, November 8.
According to Zacks, analysts expect Repay to report annual revenue of $ 218.66 million for the current fiscal year, with estimates ranging from $ 217.10 million to $ 220.46 million. dollars. For the next fiscal year, analysts predict the company will report revenue of $ 287.95 million, with estimates ranging from $ 282.93 million to $ 296.30 million. Zacks Investment Research’s sales calculations are an average based on a survey of sales-side research analysts who cover Repay.
Repay (NASDAQ: RPAY) last released its quarterly results on Sunday, August 8. The company reported EPS of $ 0.16 for the quarter, beating the consensus estimate of $ 0.14 by $ 0.02. Repay had a negative net margin of 26.73% and a positive return on equity of 4.96%. The company posted revenue of $ 48.41 million for the quarter, compared to analysts’ expectations of $ 44.44 million. During the same period of the previous year, the company posted EPS ($ 1.90). Repay’s revenue grew 32.6% year-on-year.
Several equity research analysts recently published reports on RPAY stocks. Zacks investment research upgraded Repay’s stock from a “hold” rating to a “buy” rating and set a price target of $ 28.00 for the company in a research note on Tuesday, July 13. Credit Suisse Group reduced its price target on Repay shares from $ 33.00 to $ 30.00 and established an “outperformance” rating for the company in a research note on Tuesday, August 10. One stock research analyst rated the stock with a conservation rating and five gave the stock a buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $ 28.67.
Redeem the open stock at $ 22.00 Tuesday. The company’s fifty-day simple moving average is $ 23.33 and its 200-day simple moving average is $ 23.49. The company has a quick ratio of 2.32, a current ratio of 2.32, and a debt ratio of 0.47. Repay has a 12-month low of $ 20.18 and a 12-month high of $ 28.42. The stock has a market cap of $ 1.99 billion, a P / E ratio of -33.85 and a beta of 0.78.
In other Repay news, executive vice president Jacob Hamilton Moore sold 4,300 shares of the company in a trade on Tuesday, August 31. The shares were sold at an average price of $ 23.01, for a total trade of $ 98,943.00. Following the closing of the transaction, the Executive Vice President now owns 208,835 shares of the company, valued at approximately $ 4,805,293.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 11.66% of the capital is held by insiders.
Institutional investors and hedge funds have recently increased or reduced their stakes in the company. Bank Julius Baer & Co. Ltd. Zurich purchased a new equity stake in Repay during the first quarter for a value of approximately $ 35,000. Harbor Investments Inc. purchased a new stake in Repay shares during the first quarter valued at approximately $ 95,000. Great West Life Assurance Co. Can increased its stake in Repay by 90.7% in the 1st quarter. Great West Life Assurance Co. Can now owns 4,385 shares of the company valued at $ 102,000 after purchasing an additional 2,085 shares in the last quarter. Capital Analysts LLC acquired a new stake in Repay in the 1st quarter valued at $ 137,000. Finally, First Mercantile Trust Co. increased its stake in Repay by 26.3% in the 1st quarter. First Mercantile Trust Co. now owns 5,945 shares of the company valued at $ 140,000 after purchasing an additional 1,239 shares in the last quarter. Institutional investors and hedge funds hold 88.90% of the company’s shares.
About the refund
Repay Holdings Corp. is committed to providing integrated payment processing solutions to vertical markets that have specific and tailor-made transactions. It offers payments, instant financing, active safe, AP automation, clearing and settlement, messaging management, automation of STX mortgage transfers, virtual debit cards and cash services. added value.
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