Repay Holdings Corporation (NASDAQ: RPAY) is 15.69% higher on its value in year-to-date trading and has touched a low of $5.61 and a high of $11.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RPAY stock was last observed hovering at around $9.92 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $9.88, the stock is -6.85% and 4.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.7 million and changing -0.40% at the moment leaves the stock 21.31% off its SMA200. RPAY registered 46.15% gain for a year compared to 6-month gain of 50.84%. The firm has a 50-day simple moving average (SMA 50) of $4.12 and a 200-day simple moving average (SMA200) of $15.61.
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The stock witnessed a -9.27% loss in the last 1 month and extending the period to 3 months gives it a 22.13%, and is -2.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.28% over the week and 2.97% over the month.
Repay Holdings Corporation (RPAY) has around 512 employees, a market worth around $950.06M and $296.63M in sales. Fwd P/E is 9.41. Profit margin for the company is -37.25%. Distance from 52-week low is 76.27% and -11.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.79%).
Repay Holdings Corporation quarterly earnings per share for the current quarter are estimated at $0.22 with sales reaching $78.82M over the same period.The EPS is expected to grow by 8.07% this year, but quarterly earnings will post 7.30% year-over-year. Quarterly sales are estimated to grow 12.70% in year-over-year returns.
240 institutions hold shares in Repay Holdings Corporation (RPAY), with institutional investors hold 95.89% of the company’s shares. The shares outstanding are 90.80M, and float is at 80.50M with Short Float at 1.38%. Institutions hold 80.58% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 9.6 million shares valued at $75.15 million. The investor’s holdings represent 10.13% of the RPAY Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 8.07 million shares valued at $63.15 million to account for 8.52% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 4.19 million shares representing 4.43% and valued at over $32.82 million, while BAMCO Inc. holds 4.13% of the shares totaling 3.91 million with a market value of $30.65 million.
Repay Holdings Corporation (RPAY) Insider Activity
The most recent transaction is an insider sale by Murphy Timothy John, the company’s Chief Financial Officer. SEC filings show that Murphy Timothy John sold 58,275 shares of the company’s common stock on Mar 21 ’24 at a price of $11.03 per share for a total of $0.64 million. Following the sale, the insider now owns 0.51 million shares.
Repay Holdings Corporation disclosed in a document filed with the SEC on Mar 13 ’24 that Murphy Timothy John (Chief Financial Officer) sold a total of 10,549 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $11.00 per share for $0.12 million. Following the transaction, the insider now directly holds 0.57 million shares of the RPAY stock.
Still, SEC filings show that on Mar 08 ’24, Murphy Timothy John (Chief Financial Officer) disposed off 47,195 shares at an average price of $10.00 for $0.47 million. The insider now directly holds 588,112 shares of Repay Holdings Corporation (RPAY).
