Repay (NASDAQ:RPAY) Earns Market Perform Rating from Keefe, Bruyette & Woods

Keefe, Bruyette & Woods restated their market perform rating on shares of Repay (NASDAQ:RPAY) in a research report sent to investors on Wednesday morning, Benzinga reports. The brokerage currently has a $11.00 target price on the stock.

Several other equities research analysts also recently commented on RPAY. DA Davidson reiterated a buy rating and set a $16.00 target price on shares of Repay in a report on Tuesday, April 30th. Benchmark reissued a buy rating and set a $13.00 target price on shares of Repay in a research report on Friday, May 24th. Finally, Canaccord Genuity Group reaffirmed a buy rating and set a $13.00 price target on shares of Repay in a report on Friday, May 10th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Repay presently has a consensus rating of Hold and a consensus target price of $10.63.

Repay Price Performance

RPAY opened at $9.42 on Wednesday. Repay has a 52-week low of $5.63 and a 52-week high of $11.27. The company has a 50 day moving average of $10.31 and a two-hundred day moving average of $9.46. The company has a market cap of $957.35 million, a P/E ratio of -9.61 and a beta of 1.43. The company has a quick ratio of 3.44, a current ratio of 3.44 and a debt-to-equity ratio of 0.52.

Repay (NASDAQ:RPAY) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. Repay had a negative net margin of 29.49% and a positive return on equity of 7.74%. The firm had revenue of $80.72 million during the quarter, compared to analysts’ expectations of $80.24 million. On average, analysts expect that Repay will post 0.72 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Spire Wealth Management bought a new stake in shares of Repay in the 4th quarter valued at approximately $34,000. Quest Partners LLC bought a new position in shares of Repay in the 4th quarter worth about $56,000. Oak Thistle LLC acquired a new position in shares of Repay in the 4th quarter valued at about $103,000. Bfsg LLC bought a new stake in shares of Repay during the 4th quarter valued at about $119,000. Finally, ProShare Advisors LLC raised its stake in Repay by 8.5% during the first quarter. ProShare Advisors LLC now owns 14,908 shares of the company’s stock worth $164,000 after acquiring an additional 1,174 shares during the period. Institutional investors 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.