As of Friday close, Repay Holdings Corporation’s (NASDAQ:RPAY) stock was up $0.12, moving up 1.30 percent to $9.32. The average number of shares traded per day over the past five days has been 715,340 shares. 4 times new highs have been achieved over the past 5 days, with a $0.50 gain in that time frame. In the last twenty days, the average volume was 540,360, while in the previous 50 days, it was 587,566.
Since last month, RPAY stock rose 11.62%. Shares of the company fell to $8.02 on 07/27/23, the lowest level in the past month. A 52-week high of $10.54 was reached on 02/03/23 after having rallying from a 52-week low of $4.36. Since the beginning of this year, RPAY’s stock price has risen by 15.78% or $1.27, and marked a new high 15 times. However, the stock has declined by -11.57% since its 52-week high.
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Sponsored
RPAY stock investors should be aware that Repay Holdings Corporation (RPAY) stock had its last reported insider trading activity 2 days ago on Aug 17. Dempsey Tyler B, the General Counsel of the company, disposed of 50,000 shares for $9.04 on Aug 17. It resulted in a $452,000 divestment by the insider. Barnett Naomi sold 11,000 shares at an average price of $9.09 on Aug 16. The insider now owns 87,698 shares following the transaction. On Jul 07, President Alias Shaler sold 54,396 shares at $7.57 apiece. The transaction was valued at $411,778.
Valuation Metrics
The stock’s beta is 0.97. Besides these, the trailing price-to-sales (P/S) ratio of 3.29, the price-to-book (PB) ratio of 0.95, and the price-to-cash flow ratio of 23.17 may also be considered.
Financial Health
In the three months ended June 29, Repay Holdings Corporation’s quick ratio stood at 3.20, while its current ratio was 3.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.49, and the total debt-to-equity ratio was 0.49. On the profitability front, the trailing twelve-month gross margin is 89.10% percent. In the year ended June 29, EBITDA margin amounted to 36.82%, whereas operating margins totaled -17.70%. Based on annual data, RPAY earned $214.4 million in gross profit and brought in $279.23 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -4.00%. Return on equity (ROE) for the past 12 months was -3.60%.
In Repay Holdings Corporation’s quarter-end financial report for June 29, it reported total debt of $432.74 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. RPAY’s revenue rose 6.06% to $74.54 million during the quarter, while net income inched up to $71.78 million. While analysts expected Repay Holdings Corporation to report $0.2 quarterly earnings, the actual figure was $0.19 per share, beating the consensus estimate by -5.00%. During the quarter, the company generated $17.33 million in EBITDA. The liabilities of Repay Holdings Corporation were 671.95 million at the end of its most recent quarter ended June 29, and its total debt was $442.97 million. The value of shareholders’ equity is $94.7 million.
Technical Picture
This quick technical analysis looks at Repay Holdings Corporation’s (RPAY) price momentum. With a historical volatility rate of 56.60%, the RSI 9-day stood at 67.94% on 18 August.
With respect to its five-day moving average, the current Repay Holdings Corporation price is up by +5.67% percent or $0.50. At present, RPAY shares trade +13.80% above its 20-day simple moving average and +54.30% percent above its 100-day simple moving average. However, the stock is currently trading approximately +29.62% above its SMA50 and +53.04% above its SMA200.
Stochastic coefficient K was 85.47% and Stochastic coefficient D was 84.73%, while ATR was 0.39. Given the Stochastic reading of 92.37% for the 14-day period, the RSI (14) reading has been calculated as 66.28%. As of today, the MACD Oscillator reading stands at 0.21, while the 14-day reading stands at 0.43.
Analyst Ratings
Stephens launched its rating on Repay Holdings Corporation (NASDAQ: RPAY) to an Overweight in a note to investors on November 14, 2022. Repay Holdings Corporation (RPAY) has been rated Overweight by analysts. According to 0 brokerage firms, RPAY is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Repay Holdings Corporation stock as buy, with 6 recommending it as overweight.
With a median target price of $10.50, the current consensus forecast for the stock is $8.50 – $16.00. Based on these forecasts, analysts predict Repay Holdings Corporation (RPAY) will achieve an average price target of $11.35.
