FY2024 EPS Estimates for Usio Increased by Analyst

Usio, Inc. (NASDAQ:USIO) – Equities researchers at Litchfield Hills Research boosted their FY2024 earnings per share (EPS) estimates for Usio in a research note issued on Monday, November 18th. Litchfield Hills Research analyst B. Sine now anticipates that the company will post earnings of $0.11 per share for the year, up from their prior estimate of $0.07. The consensus estimate for Usio’s current full-year earnings is $0.10 per share. Litchfield Hills Research also issued estimates for Usio’s Q3 2026 earnings at $0.05 EPS.

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

Usio Trading Up 4.6 %

NASDAQ USIO opened at $1.49 on Wednesday. The stock has a 50-day simple moving average of $1.41 and a 200 day simple moving average of $1.49. The company has a market capitalization of $40.29 million, a PE ratio of 16.50 and a beta of 1.70. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.03. Usio has a 12 month low of $1.30 and a 12 month high of $2.00.

Institutional Trading of Usio

A number of hedge funds have recently made changes to their positions in USIO. Whittier Trust Co. bought a new position in shares of Usio during the third quarter worth approximately $3,821,000. Perritt Capital Management Inc increased its stake in shares of Usio by 35.7% during the second quarter. Perritt Capital Management Inc now owns 380,000 shares of the company’s stock worth $581,000 after purchasing an additional 100,000 shares during the period. Geode Capital Management LLC increased its stake 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. Finally, Creative Planning bought a new position in shares of Usio during the third quarter worth approximately $58,000. 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.