Litchfield Hills Research Expects Lower Earnings for Usio

Usio, Inc. (NASDAQ:USIO) – Litchfield Hills Research dropped their Q4 2024 earnings per share (EPS) estimates for Usio in a note issued to investors on Monday, November 18th. Litchfield Hills Research analyst B. Sine now forecasts that the company will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for Usio’s current full-year earnings is $0.08 per share.

Separately, HC Wainwright reaffirmed a “buy” rating and set a $4.00 target price on shares of Usio in a research report on Friday, August 16th.

Usio Stock Performance

Usio stock opened at $1.42 on Tuesday. The business has a 50 day moving average of $1.41 and a 200-day moving average of $1.49. The company has a market capitalization of $38.52 million, a P/E ratio of 15.78 and a beta of 1.70. Usio has a 1 year low of $1.30 and a 1 year high of $2.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.10 and a quick ratio of 1.10.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in USIO. Geode Capital Management LLC raised its position in shares of Usio by 5.6% during the third quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock worth $248,000 after purchasing an additional 9,731 shares during the period. Whittier Trust Co. bought a new stake in Usio during the 3rd quarter valued at $3,821,000. Creative Planning bought a new stake in shares of Usio during the third quarter worth about $58,000. Finally, Perritt Capital Management Inc raised its holdings in shares of Usio by 35.7% in the 2nd quarter. Perritt Capital Management Inc now owns 380,000 shares of the company’s stock worth $581,000 after acquiring an additional 100,000 shares during the last quarter. 20.23% of the stock is owned by institutional investors and hedge funds.

Usio Company Profile

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.