Wall Street analysts forecast that Repay Holdings Corporation (NASDAQ:RPAY) will announce $22.84 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for Repay’s earnings, with the lowest sales estimate coming in at $22.70 million and the highest estimate coming in at $22.97 million. The company is scheduled to announce its next quarterly earnings results after the market closes on Wednesday, August 14th.
According to Zacks, analysts expect that Repay will report full-year sales of $96.46 million for the current financial year, with estimates ranging from $94.60 million to $98.31 million. For the next fiscal year, analysts anticipate that the company will post sales of $115.41 million, with estimates ranging from $112.50 million to $118.31 million. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Repay.
Repay (NASDAQ:RPAY) last posted its earnings results on Wednesday, May 15th. The company reported ($0.12) earnings per share for the quarter.
Repay stock traded down $0.05 during mid-day trading on Friday, reaching $11.72. 672,500 shares of the company were exchanged, compared to its average volume of 524,556. The firm has a market cap of $364.10 million and a P/E ratio of -83.71. Repay has a 12-month low of $9.60 and a 12-month high of $14.00.
An institutional investor recently bought a new position in Repay stock. Marshall Wace North America L.P. bought a new position in shares of Repay Holdings Corporation (NASDAQ:RPAY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 240,227 shares of the company’s stock, valued at approximately $2,506,000. Marshall Wace North America L.P. owned 0.74% of Repay as of its most recent SEC filing. 87.38% of the stock is owned by institutional investors.
Repay Company Profile
Repay Holdings Corporation provides integrated payment processing solutions in the United States. The company offers credit and debit card processing, automated clearing house processing, and funding solutions. It primarily serves clients in consumer finance, automotive, receivables management, and healthcare sectors, as well as financial institutions.
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