Repay (NASDAQ:RPAY) Releases Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Repay (NASDAQ:RPAY) announced its quarterly earnings data on Monday. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.05), Zacks reports. Repay had a negative net margin of 25.53% and a positive return on equity of 8.73%.

Repay Stock Performance

RPAY stock traded down $0.09 on Monday, reaching $7.12. The company’s stock had a trading volume of 773,829 shares, compared to its average volume of 454,778. The firm has a fifty day moving average of $7.47 and a two-hundred day moving average of $7.89. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.70 and a quick ratio of 2.70. The company has a market capitalization of $695.15 million, a P/E ratio of -8.18 and a beta of 1.43. Repay has a 52 week low of $7.08 and a 52 week high of $11.27.

Wall Street Analyst Weigh In

Several research firms have recently commented on RPAY. DA Davidson reaffirmed a “buy” rating and set a $14.00 target price on shares of Repay in a report on Thursday. Keefe, Bruyette & Woods lowered their price objective on Repay from $9.00 to $8.00 and set a “market perform” rating for the company in a research note on Monday, January 6th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $13.00 target price on shares of Repay in a research report on Thursday, February 13th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Repay presently has an average rating of “Moderate Buy” and an average target price of $12.00.

Insiders Place Their Bets

In other Repay news, CFO Timothy John Murphy sold 57,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $8.25, for a total transaction of $470,250.00. Following the sale, the chief financial officer now directly owns 450,879 shares in the company, valued at approximately $3,719,751.75. The trade was a 11.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 11.00% of the stock is currently 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.