Key Points
- Director sale: Repay director Richard Thornburgh sold 4,500 shares on Nov. 17 at $3.50 for $15,750, reducing his stake by 3.31% to 131,456 shares (≈$460,096).
- Recent results show Q3 EPS of $0.21 (beat by $0.01) with revenue down 1.8% YoY to $77.73M and a negative net margin of −39.08%; the stock trades at $3.12 (1‑year low $3.05) with a market cap of $284.9M and 50/200‑day averages of $4.71/$4.88.
- Analysts are split—consensus rating is Hold with an average target of $6.92 (five Buys, five Holds, one Sell)—and institutional investors own 82.73% of the stock, with several large funds recently increasing stakes.
Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) Director Richard Thornburgh sold 4,500 shares of Repay stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $3.50, for a total transaction of $15,750.00. Following the completion of the sale, the director owned 131,456 shares of the company's stock, valued at $460,096. This trade represents a 3.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Repay Stock Performance
Shares of NASDAQ:RPAY traded up $0.05 on Thursday, hitting $3.12. 209,198 shares of the company were exchanged, compared to its average volume of 1,180,355. The firm has a market capitalization of $284.89 million, a P/E ratio of -2.28 and a beta of 1.60. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.45. Repay Holdings Corporation has a 1-year low of $3.05 and a 1-year high of $8.57. The stock's 50 day moving average price is $4.71 and its 200 day moving average price is $4.88.
Repay (NASDAQ:RPAY - Get Free Report) last issued its earnings results on Monday, November 10th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.01. Repay had a positive return on equity of 9.04% and a negative net margin of 39.08%.The company had revenue of $77.73 million during the quarter, compared to analyst estimates of $76.92 million. During the same quarter last year, the business posted $0.23 EPS. The firm's quarterly revenue was down 1.8% on a year-over-year basis. Sell-side analysts predict that Repay Holdings Corporation will post 0.72 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. DA Davidson reaffirmed a "buy" rating and set a $10.00 price objective on shares of Repay in a research note on Tuesday, November 11th. Weiss Ratings restated a "sell (d-)" rating on shares of Repay in a research report on Monday. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $12.00 price objective on shares of Repay in a report on Tuesday, November 11th. Keefe, Bruyette & Woods increased their target price on shares of Repay from $5.00 to $5.75 and gave the stock a "market perform" rating in a research note on Tuesday, August 12th. Finally, Benchmark restated a "buy" rating on shares of Repay in a research report on Friday, November 14th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Repay has a consensus rating of "Hold" and an average target price of $6.92.
Check Out Our Latest Report on Repay
Institutional Trading of Repay
Several large investors have recently bought and sold shares of RPAY. American Century Companies Inc. lifted its stake in Repay by 3.5% in the 3rd quarter. American Century Companies Inc. now owns 6,667,792 shares of the company's stock worth $34,873,000 after purchasing an additional 227,349 shares in the last quarter. Sunriver Management LLC grew its position in shares of Repay by 2.1% in the first quarter. Sunriver Management LLC now owns 6,168,501 shares of the company's stock valued at $34,359,000 after purchasing an additional 125,133 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Repay by 4.4% in the first quarter. Wellington Management Group LLP now owns 4,917,703 shares of the company's stock valued at $27,392,000 after purchasing an additional 207,212 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Repay by 1.8% in the first quarter. Vanguard Group Inc. now owns 4,770,074 shares of the company's stock valued at $26,569,000 after purchasing an additional 82,196 shares during the last quarter. Finally, Private Management Group Inc. lifted its position in Repay by 57.3% during the second quarter. Private Management Group Inc. now owns 4,175,111 shares of the company's stock worth $20,124,000 after buying an additional 1,520,432 shares in the last quarter. Hedge funds and other institutional investors own 82.73% of the company's stock.
About Repay
(
Get Free Report)
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.
Further Reading
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