Analysts expect that Repay Holdings Corporation (NASDAQ:RPAY) will post $22.84 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Repay’s earnings, with the lowest sales estimate coming in at $22.70 million and the highest estimate coming in at $22.97 million. The business is scheduled to issue its next earnings report after the market closes on Wednesday, August 14th.

On average, analysts expect that Repay will report full-year sales of $96.46 million for the current financial year, with estimates ranging from $94.60 million to $98.31 million. For the next financial year, analysts forecast that the company will report sales of $115.41 million, with estimates ranging from $112.50 million to $118.31 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Repay.

Repay (NASDAQ:RPAY) last posted its quarterly earnings data on Wednesday, May 15th. The company reported ($0.12) earnings per share (EPS) for the quarter.

Separately, BTIG Research started coverage on shares of Repay in a research note on Tuesday, July 16th. They set a “buy” rating and a $16.00 price objective on the stock.

Shares of RPAY traded up $0.45 during mid-day trading on Friday, reaching $11.74. 309,669 shares of the stock traded hands, compared to its average volume of 522,417. The firm has a market capitalization of $371.84 million and a P/E ratio of -83.86. Repay has a 12-month low of $9.60 and a 12-month high of $14.00.

About Repay

Repay Holdings Corporation provides integrated payment processing solutions in the United States. The company offers credit and debit card processing, automated clearing house processing, and funding solutions. It primarily serves clients in consumer finance, automotive, receivables management, and healthcare sectors, as well as financial institutions.

Further Reading: Hedge Funds Explained

Get a free copy of the Zacks research report on Repay (RPAY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Repay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Repay and related companies with MarketBeat.com's FREE daily email newsletter.