Repay (NASDAQ:RPAY) Releases Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Repay (NASDAQ:RPAY) announced its quarterly earnings data on Monday. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.07), Zacks reports. Repay had a negative net margin of 25.53% and a positive return on equity of 8.73%.

Repay Stock Up 2.5%

Shares of NASDAQ RPAY traded up $0.10 during mid-day trading on Monday, reaching $4.04. 2,143,298 shares of the company traded hands, compared to its average volume of 962,412. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.70 and a current ratio of 2.70. The stock has a market cap of $393.85 million, a PE ratio of -4.64 and a beta of 1.61. The company’s fifty day moving average is $4.99 and its two-hundred day moving average is $6.78. Repay has a fifty-two week low of $3.59 and a fifty-two week high of $11.27.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on RPAY shares. Barclays reduced their target price on Repay from $9.00 to $6.00 and set an “overweight” rating for the company in a report on Monday, April 14th. UBS Group dropped their target price on Repay from $9.50 to $7.50 and set a “neutral” rating on the stock in a research report on Tuesday, March 4th. DA Davidson reaffirmed a “buy” rating and issued a $14.00 target price on shares of Repay in a research report on Thursday, February 27th. Stephens reaffirmed an “overweight” rating and issued a $11.00 target price on shares of Repay in a research report on Tuesday, March 4th. Finally, Canaccord Genuity Group dropped their target price on Repay from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $9.94.

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.