ReposiTrak (NYSE:TRAK) Announces Earnings Results

ReposiTrak (NYSE:TRAK) announced its earnings results on Monday. The company reported $0.11 earnings per share for the quarter, Zacks reports. ReposiTrak had a return on equity of 14.44% and a net margin of 30.75%.

ReposiTrak Stock Performance

ReposiTrak stock traded down $0.05 during trading hours on Monday, reaching $8.18. 68,621 shares of the company’s stock traded hands, compared to its average volume of 105,494. ReposiTrak has a fifty-two week low of $6.94 and a fifty-two week high of $17.18. The firm’s 50 day moving average is $8.27 and its 200-day moving average is $8.67. The firm has a market capitalization of $148.63 million, a price-to-earnings ratio of 22.11 and a beta of 0.83.

ReposiTrak Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 30th. ReposiTrak’s payout ratio is currently 21.62%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered ReposiTrak from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

About ReposiTrak

ReposiTrak, Inc develops and operates a cloud-based supply chain management platform designed to improve product traceability, compliance and information exchange. Its technology connects retailers, wholesalers, distributors, manufacturers and suppliers, helping trading partners share standardized product, supplier and transaction data across complex supply chains.

The company’s offerings include the ReposiTrak Traceability Network and related compliance and supply chain applications. These tools support supplier onboarding, product and facility information management, food safety documentation, regulatory compliance, recall readiness and electronic tracking of products through the supply chain.