Repay (RPAY) Scheduled to Post Quarterly Earnings on Thursday

Repay (NASDAQ:RPAY) is set to announce its earnings results after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Repay has set its FY 2024 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.

Repay (NASDAQ:RPAY) last issued its earnings results on Thursday, May 9th. The company reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. Repay had a positive return on equity of 7.74% and a negative net margin of 29.49%. The business had revenue of $80.72 million during the quarter, compared to analyst estimates of $80.24 million. On average, analysts expect Repay to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Repay Stock Up 0.2 %

RPAY opened at $8.85 on Wednesday. Repay has a fifty-two week low of $5.63 and a fifty-two week high of $11.27. The company has a market capitalization of $899.43 million, a P/E ratio of -9.03 and a beta of 1.43. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.44 and a quick ratio of 3.44. The firm’s fifty day moving average price is $10.00 and its two-hundred day moving average price is $9.71.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on RPAY shares. Benchmark reissued a “buy” rating and issued a $13.00 price target on shares of Repay in a research report on Friday, May 24th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $11.00 target price on shares of Repay in a research report on Wednesday, July 3rd. DA Davidson reaffirmed a “buy” rating and issued a $16.00 price target on shares of Repay in a research note on Tuesday, July 9th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $13.00 price objective on shares of Repay in a research note on Friday, May 10th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $10.63.

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.