Zacks: Repay Holdings Corporation (NASDAQ:RPAY) Given Average Recommendation of “Strong Buy” by Brokerages

Repay Holdings Corporation (NASDAQ:RPAY) has been given a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus target price of $15.50 for the company and are predicting that the company will post $0.15 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Repay an industry rank of 41 out of 256 based on the ratings given to related companies.

Separately, BTIG Research began coverage on Repay in a research note on Tuesday, July 16th. They set a “buy” rating and a $16.00 price objective for the company.

Shares of NASDAQ RPAY opened at $11.80 on Wednesday. Repay has a fifty-two week low of $9.60 and a fifty-two week high of $14.00. The company has a market cap of $299.80 million and a price-to-earnings ratio of -84.29.

Repay (NASDAQ:RPAY) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($0.12) earnings per share for the quarter. Equities research analysts forecast that Repay will post 0.49 earnings per share for the current year.

Repay Company Profile

Repay Holdings Corporation provides integrated payment processing solutions in the United States. The company offers credit and debit card processing, automated clearing house processing, and funding solutions. It primarily serves clients in consumer finance, automotive, receivables management, and healthcare sectors, as well as financial institutions.

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