Repay Holdings Corporation (RPAY) stock expected to loss -5.21% in the coming months

Currently, Repay Holdings Corporation [RPAY] is trading at $8.44, up 1.32%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RPAY shares have gain 6.03% over the last week, with a monthly amount glided 11.20%, and seem to be holding up well over a long-time horizon.

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On 22, February 2024, REPAY Partners with Maxyfi to Modernize the Collection of Payments. In a post published today on Yahoo Finance, Technology integration enables secure omni-channel payment options, simplifying accounts receivable management.

From an analyst’s perspective:

Repay Holdings Corporation [NASDAQ: RPAY] stock has seen the most recent analyst activity on February 13, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $10. Previously, BMO Capital Markets started tracking the stock with Market Perform rating on December 05, 2023, and set its price target to $9. On October 20, 2023, UBS initiated with a Neutral rating and assigned a price target of $8 on the stock. Berenberg started tracking the stock assigning a Hold rating and suggested a price target of $9 on September 12, 2023. Stephens initiated its recommendation with a Overweight and recommended $9 as its price target on November 14, 2022. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on August 10, 2022, and downed its price target to $13. In a note dated August 10, 2022, Citigroup downgraded an Neutral rating on this stock and revised its target price from $19 to $13.

This stock has fluctuated between a low of $5.61 and a high of $9.55 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Repay Holdings Corporation [NASDAQ: RPAY] shares were valued at $8.44 at the most recent close of the market. An investor can expect a potential drop of -5.21% based on the average RPAY price forecast.

Analyzing the RPAY fundamentals

Trailing Twelve Months sales for Repay Holdings Corporation [NASDAQ:RPAY] were 293.31M which represents 3.86% growth. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.23 points at the first support level, and at 8.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.57, and for the 2nd resistance point, it is at 8.69.

Repay Holdings Corporation [RPAY] reported earnings per share of $0.21 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.21/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.19 per share as compared to estimates of $0.2 per share, a difference of -$0.01 representing a surprise of -5.00%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Repay Holdings Corporation [NASDAQ:RPAY] is 3.30. Further, the Quick Ratio stands at 3.30, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.72, the price to book ratio is 0.87.

Transactions by insiders

Recent insider trading involved Sullivan Thomas Eugene, Chief Accounting Officer, that happened on Nov 22 when 35000.0 shares were sold. Director, Hartheimer Robert Herman completed a deal on Sep 15 to sell 6874.0 shares. Meanwhile, Director Hartheimer Robert Herman sold 5000.0 shares on Sep 14.

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