Brokerages Set Repay Holdings Co. (NASDAQ:RPAY) PT at $10.25

Repay Holdings Co. (NASDAQ:RPAY) has been assigned an average rating of “Hold” from the thirteen research firms that are covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $10.25.

RPAY has been the topic of several recent research reports. Canaccord Genuity Group reissued a “buy” rating and issued a $13.00 price objective on shares of Repay in a research note on Friday, March 1st. Keefe, Bruyette & Woods raised their price target on Repay from $8.50 to $9.50 and gave the company a “market perform” rating in a report on Monday, March 4th. Barclays upped their price objective on Repay from $9.00 to $10.00 and gave the stock an “overweight” rating in a report on Tuesday, January 16th. Truist Financial reissued a “buy” rating and issued a $13.00 target price (up previously from $10.00) on shares of Repay in a report on Monday, March 4th. Finally, DA Davidson reiterated a “buy” rating and issued a $16.00 price target on shares of Repay in a report on Tuesday, April 30th.

Repay Stock Up 0.2 %

Shares of NASDAQ:RPAY opened at $10.97 on Friday. Repay has a 1-year low of $5.63 and a 1-year high of $11.22. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.95 and a quick ratio of 2.95. The stock has a market cap of $1.12 billion, a P/E ratio of -8.99 and a beta of 1.36. The firm has a fifty day moving average price of $10.20 and a 200 day moving average price of $8.52.

Repay (NASDAQ:RPAY) last released its quarterly earnings results on Thursday, February 29th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $75.99 million for the quarter, compared to analyst estimates of $69.94 million. Repay had a positive return on equity of 7.49% and a negative net margin of 37.25%. Sell-side analysts predict that Repay will post 0.73 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Timothy John Murphy sold 58,275 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $11.03, for a total transaction of $642,773.25. Following the sale, the chief financial officer now owns 506,924 shares of the company’s stock, valued at $5,591,371.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 116,019 shares of company stock valued at $1,220,382. Corporate insiders own 11.00% of the company’s stock.

Institutional Trading of Repay

Hedge funds have recently bought and sold shares of the company. ProShare Advisors LLC lifted its stake in shares of Repay by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 14,908 shares of the company’s stock worth $164,000 after purchasing an additional 1,174 shares during the period. Bleakley Financial Group LLC lifted its position in Repay by 6.6% during the first quarter. Bleakley Financial Group LLC now owns 19,966 shares of the company’s stock worth $220,000 after buying an additional 1,232 shares during the period. Fisher Asset Management LLC boosted its stake in Repay by 4.1% in the 4th quarter. Fisher Asset Management LLC now owns 52,819 shares of the company’s stock worth $451,000 after buying an additional 2,057 shares during the last quarter. Simplicity Solutions LLC grew its holdings in Repay by 17.4% in the 4th quarter. Simplicity Solutions LLC now owns 18,553 shares of the company’s stock valued at $158,000 after buying an additional 2,744 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Repay by 19.7% during the 3rd quarter. Hsbc Holdings PLC now owns 22,312 shares of the company’s stock valued at $171,000 after acquiring an additional 3,669 shares during the last quarter. Institutional investors and hedge funds own 82.73% of the company’s stock.

Repay Company Profile

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.