Repay Holdings Corporation (NASDAQ:RPAY) finished Wednesday with a subtraction of $0.0 to close at $7.42, a downside of 0.00 percent. An average of 866,480 shares of common stock have been traded in the last five days. There was a fall of -$0.32 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 619,910 shares traded, while the 50-day average volume stands at 554,354.
RPAY stock has decreased by -18.73% in the last month. The company shares reached their 1-month lowest point of $7.22 on 09/26/23. With the stock rallying to its 52-week high on 02/03/23, shares of the company touched a low of $4.36 and a high of $10.43 in 52 weeks. It has reached a new high 15 times so far this year and lost -7.83% or -$0.63 in price. In spite of this, the price is down -28.86% from the 52-week high.
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Insider Transactions
RPAY stock investors should be aware that Repay Holdings Corporation (RPAY) stock had its last reported insider trading activity 13 days ago on Sep 15. In this transaction, the insider spent $54,992. Director, Hartheimer Robert Herman, disposed of 5,000 shares at a price of $7.96 on Sep 14. The insider now owns more than $39,800 worth of shares. Prior to that, Director Hartheimer Robert Herman went on to Sale 5,000 shares at $9.40 each on Sep 01. An amount of $47,000 was transacted.
Valuation Metrics
Repay Holdings Corporation (RPAY) stock’s beta is 1.04. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.42, the price-to-book (PB) ratio at 0.76, and the price-to-cash flow ratio at 7.99.
Financial Health
The quick ratio of Repay Holdings Corporation for the three months ended June 29 was 3.20, and the current ratio was 3.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.50 and a total debt to equity ratio of 0.50 for the quarter ending June 29. Repay Holdings Corporation’s EBITDA margin for the year ending June 29 is 36.82%, while its operating margin for the same period stands at -0.09%. Its gross profit as reported stood at $214.4 million compared to revenue of $279.23 million.
Earnings Surprise
For the three-month period that ended June 29, Repay Holdings Corporation had $432.74 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$4.64 million in the quarter, while revenues of -$26.39 million were grew 100.22%. The analyst consensus anticipated Repay Holdings Corporation’s latest quarter earnings to come in at $0.2 per share, but it turned out to be $0.19, a -5.00% surprise. For the quarter, EBITDA amounted to $17.33 million. Shareholders own equity worth $94.7 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Repay Holdings Corporation (RPAY) price momentum. RSI 9-day as of the close on 27 September was 25.31%, suggesting the stock is oversold, with historical volatility in this time frame at 24.67%.
As of today, RPAY’s price is $7.57 -4.13% or -$0.32 from its 5-day moving average. RPAY is currently trading -19.52% lower than its 20-day SMA and +29.04% higher than its 100-day SMA. However, the stock’s current price level is -7.60% below the SMA50 and -9.73% below the SMA200.
The stochastic %K and %D were 14.51% and 14.73%, respectively, and the average true range (ATR) was 0.32. With the 14-day stochastic at 15.04% and the average true range at 0.32, the RSI (14) stands at 31.34%. The stock has reached -0.10 on the 9-day MACD Oscillator while the 14-day reading was at -0.28.
Analyst Ratings
Berenberg launched coverage on Repay Holdings Corporation (NASDAQ: RPAY) in its analyst report released on September 12, 2023. The firm assigned the stock a Hold rating. The consensus rating for Repay Holdings Corporation (RPAY) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell RPAY, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 6 others rate it as a “buy”.
What is RPAY’s price target for the next 12 months?
Analysts predict a range of price targets between $8.50 and $16.00, with a median target of $10.50. Taking a look at these predictions, the average price target given by analysts for Repay Holdings Corporation (RPAY) stock is $11.35.
