Shares of Usio (NASDAQ:USIO) have earned a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy rating.
Brokers have set a one year consensus target price of $4.83 for the company and are anticipating that the company will post ($0.07) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Usio an industry rank of 61 out of 256 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Friday, July 19th.
Shares of NASDAQ:USIO traded up $0.02 during trading on Friday, hitting $2.53. 28,018 shares of the stock traded hands, compared to its average volume of 16,347. Usio has a 52-week low of $1.38 and a 52-week high of $3.82. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $42.42 million, a price-to-earnings ratio of -8.16 and a beta of 1.53.
Usio (NASDAQ:USIO) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.09) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.02). The company had revenue of $6.59 million for the quarter, compared to analyst estimates of $6.63 million. Usio had a negative return on equity of 36.84% and a negative net margin of 14.73%. On average, sell-side analysts anticipate that Usio will post -0.28 earnings per share for the current fiscal year.
Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH processing services include Represented Check, a consumer non-sufficient funds check that is represented for payment electronically rather than through the paper check collection system; and Accounts Receivable Check Conversion, a consumer paper check payment, which is converted into an e-check.
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