Repay Holdings Co. (NASDAQ:RPAY – Get Free Report) EVP Jacob Hamilton Moore sold 210,632 shares of Repay stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $8.31, for a total value of $1,750,351.92. Following the transaction, the executive vice president now directly owns 240,130 shares in the company, valued at $1,995,480.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Repay Stock Performance
Repay stock traded down $0.44 during midday trading on Friday, hitting $8.02. 1,050,580 shares of the company were exchanged, compared to its average volume of 898,564. The firm has a market capitalization of $815.07 million, a PE ratio of -8.63 and a beta of 1.44. Repay Holdings Co. has a fifty-two week low of $5.63 and a fifty-two week high of $11.27. The business has a fifty day simple moving average of $9.09 and a two-hundred day simple moving average of $9.75. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.83 and a current ratio of 3.83.
Repay (NASDAQ:RPAY – Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $74.91 million for the quarter, compared to analyst estimates of $76.28 million. Repay had a positive return on equity of 8.34% and a negative net margin of 29.01%. Repay’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share. On average, sell-side analysts forecast that Repay Holdings Co. will post 0.74 earnings per share for the current year.
Institutional Trading of Repay
Analyst Ratings Changes
A number of research analysts recently commented on RPAY shares. Benchmark reissued a “buy” rating and issued a $13.00 price target on shares of Repay in a report on Tuesday, August 13th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $11.00 price target on shares of Repay in a report on Wednesday, July 3rd. Barclays decreased their price objective on Repay from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, August 12th. Canaccord Genuity Group reissued a “buy” rating and set a $13.00 target price on shares of Repay in a research report on Friday, May 10th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Repay in a research report on Tuesday, July 9th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.10.
Read Our Latest Research Report on Repay
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.
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