Usio’s (USIO) Buy Rating Reiterated at HC Wainwright

Usio (NASDAQ:USIO)‘s stock had its “buy” rating restated by research analysts at HC Wainwright in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $4.00 target price on the stock. HC Wainwright’s price target suggests a potential upside of 172.11% from the company’s previous close. HC Wainwright also issued estimates for Usio’s Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.07 EPS and FY2026 earnings at $0.33 EPS.

Usio Stock Down 5.8 %

Shares of NASDAQ:USIO opened at $1.47 on Thursday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.03. The firm has a market cap of $39.88 million, a price-to-earnings ratio of 16.33 and a beta of 1.82. The stock’s 50-day moving average price is $1.75 and its two-hundred day moving average price is $1.60. Usio has a 12-month low of $1.24 and a 12-month high of $2.92.

Usio (NASDAQ:USIO) last released its quarterly earnings data on Wednesday, March 26th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. Usio had a negative return on equity of 2.98% and a net margin of 3.33%. The business had revenue of $20.56 million during the quarter, compared to the consensus estimate of $21.10 million. On average, research analysts forecast that Usio will post -0.03 EPS for the current year.

Institutional Investors Weigh In On Usio

Several hedge funds and other institutional investors have recently modified their holdings of USIO. Integrity Wealth Advisors Inc. acquired a new stake in Usio during the fourth quarter valued at approximately $139,000. Geode Capital Management LLC increased its holdings in shares of Usio by 5.6% in the 3rd quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock valued at $248,000 after acquiring an additional 9,731 shares during the last quarter. Perritt Capital Management Inc raised its position in shares of Usio by 2.1% during the 4th quarter. Perritt Capital Management Inc now owns 478,200 shares of the company’s stock valued at $698,000 after acquiring an additional 10,000 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Usio by 25.5% during the fourth quarter. Renaissance Technologies LLC now owns 479,383 shares of the company’s stock worth $700,000 after purchasing an additional 97,442 shares during the last quarter. Finally, Perkins Capital Management Inc. lifted its stake in Usio by 1.4% during the fourth quarter. Perkins Capital Management Inc. now owns 995,693 shares of the company’s stock worth $1,454,000 after purchasing an additional 13,500 shares during the last quarter. Institutional investors own 20.23% of the company’s stock.

Usio Company Profile

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.