Repay (RPAY) Expected to Announce Quarterly Earnings on Monday

Repay (NASDAQ:RPAY) is projected to release its earnings data after the market closes on Monday, March 3rd. Analysts expect Repay to post earnings of $0.24 per share and revenue of $82.56 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Repay Price Performance

NASDAQ RPAY opened at $7.21 on Friday. The business has a fifty day moving average price of $7.47 and a 200 day moving average price of $7.89. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.70 and a current ratio of 2.70. The company has a market cap of $703.93 million, a P/E ratio of -8.29 and a beta of 1.43. Repay has a one year low of $7.08 and a one year high of $11.27.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Keefe, Bruyette & Woods reduced their target price on shares of Repay from $9.00 to $8.00 and set a “market perform” rating for the company in a research report on Monday, January 6th. DA Davidson reiterated a “buy” rating and issued a $14.00 price objective on shares of Repay in a report on Thursday. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $13.00 price objective on shares of Repay in a report on Thursday, February 13th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $12.00.

Insider Buying and Selling at Repay

In other news, CFO Timothy John Murphy sold 57,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $8.25, for a total transaction of $470,250.00. Following the completion of the sale, the chief financial officer now owns 450,879 shares in the company, valued at $3,719,751.75. This trade represents a 11.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.00% of the stock is owned by insiders.

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.