The stock price of Repay Holdings Corporation (NASDAQ: RPAY) has plunged by -3.56 when compared to previous closing price of 10.97, but the company has seen a 1.83% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-09 that Repay Holdings (RPAY) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.20 per share a year ago.
Is It Worth Investing in Repay Holdings Corporation (NASDAQ: RPAY) Right Now?
The 36-month beta value for RPAY is at 1.41. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RPAY is 80.28M, and currently, shorts hold a 1.69% of that float. The average trading volume for RPAY on May 10, 2024 was 658.78K shares.
RPAY’s Market Performance
RPAY stock saw an increase of 1.83% in the past week, with a monthly gain of 6.65% and a quarterly increase of 31.27%. The volatility ratio for the week is 4.09%, and the volatility levels for the last 30 days are 3.40% for Repay Holdings Corporation (RPAY). The simple moving average for the past 20 days is 5.14% for RPAY’s stock, with a 26.45% simple moving average for the past 200 days.
Analysts’ Opinion of RPAY
Many brokerage firms have already submitted their reports for RPAY stocks, with The Benchmark Company repeating the rating for RPAY by listing it as a “Buy.” The predicted price for RPAY in the upcoming period, according to The Benchmark Company is $10 based on the research report published on February 13, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see RPAY reach a price target of $9. The rating they have provided for RPAY stocks is “Market Perform” according to the report published on December 05th, 2023.
UBS gave a rating of “Neutral” to RPAY, setting the target price at $8 in the report published on October 20th of the previous year.
RPAY Trading at 3.71% from the 50-Day Moving Average
After a stumble in the market that brought RPAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.70% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 4.09%, as shares surge +7.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.89% upper at present.
During the last 5 trading sessions, RPAY rose by +1.83%, which changed the moving average for the period of 200-days by +29.50% in comparison to the 20-day moving average, which settled at $10.10. In addition, Repay Holdings Corporation saw 23.89% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RPAY starting from Murphy Timothy John, who sale 58,275 shares at the price of $11.03 back on Mar 21 ’24. After this action, Murphy Timothy John now owns 506,924 shares of Repay Holdings Corporation, valued at $642,773 using the latest closing price.
Murphy Timothy John, the Chief Financial Officer of Repay Holdings Corporation, sale 10,549 shares at $11.00 during a trade that took place back on Mar 13 ’24, which means that Murphy Timothy John is holding 574,850 shares at $116,039 based on the most recent closing price.
Stock Fundamentals for RPAY
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.68 for the gross margin
The net margin for Repay Holdings Corporation stands at -0.38. The total capital return value is set at -0.02. Equity return is now at value -12.93, with -6.96 for asset returns.
Based on Repay Holdings Corporation (RPAY), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is -11.92.
Currently, EBITDA for the company is 102.1 million with net debt to EBITDA at 4.1. When we switch over and look at the enterprise to sales, we see a ratio of 4.72. The receivables turnover for the company is 7.93for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.95.
Conclusion
In conclusion, Repay Holdings Corporation (RPAY) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
