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Repay Holdings Corporation (RPAY) – Don’t Be So Quick to Call it Dead

Repay Holdings Corporation (NASDAQ: RPAY) is -7.96% lower on its value in year-to-date trading and has touched a low of $5.63 and a high of $11.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RPAY stock was last observed hovering at around $7.86 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $7.86, the stock is -5.18% and -12.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 0.00% at the moment leaves the stock -14.48% off its SMA200. RPAY registered -3.56% loss for a year compared to 6-month loss of -27.42%.

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The stock witnessed a -2.96% gain in the last 1 month and extending the period to 3 months gives it a -28.55%, and is -7.09% 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 3.83% over the week and 3.35% over the month.

Repay Holdings Corporation (RPAY) has around 512 employees, a market worth around $689.16M and $305.93M in sales. Fwd P/E is 7.74. Profit margin for the company is -29.01%. Distance from 52-week low is 39.61% and -30.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.06%).

The EPS is expected to grow by 5.79% this year

228.0 institutions hold shares in Repay Holdings Corporation (RPAY), with institutional investors hold 106.41% of the company’s shares. The shares outstanding are 90.80M, and float is at 72.99M with Short Float at 8.25%. Institutions hold 89.37% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 8.07 million shares valued at $85.19 million. The investor’s holdings represent 8.8436 of the RPAY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.6 million shares valued at $48.59 million to account for 5.0438 of the shares outstanding. The other top investors are ROYCE & ASSOCIATES LP which holds 4.17 million shares representing 4.5743 and valued at over $44.06 million, while SUNRIVER MANAGEMENT LLC holds 4.3295 of the shares totaling 3.95 million with a market value of $41.7 million.

Repay Holdings Corporation (RPAY) Insider Activity

Repay Holdings Corporation disclosed in a document filed with the SEC on Sep 06 ’24 that Moore Jacob Hamilton (Executive Vice President) sold a total of 7,198 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $8.18 per share for $58880.0. Following the transaction, the insider now directly holds 0.14 million shares of the RPAY stock.

Still, SEC filings show that on Sep 04 ’24, Moore Jacob Hamilton (Executive Vice President) disposed off 210,632 shares at an average price of $8.31 for $1.75 million. The insider now directly holds 240,130 shares of Repay Holdings Corporation (RPAY).

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