BTIG analyst Mark Palmer reiterated a Buy rating on Repay Holdings (RPAY – Research Report) on November 10 and set a price target of $10.00. The company’s shares closed last Friday at $7.27.
According to TipRanks, Palmer is a 4-star analyst with an average return of 2.9% and a 44.08% success rate. Palmer covers the Financial sector, focusing on stocks such as Silvergate Capital, Oportun Financial, and SuRo Capital.
In addition to BTIG, Repay Holdings also received a Buy from Barclays’s Ramsey El Assal in a report issued on November 4. However, on November 10, Citigroup maintained a Hold rating on Repay Holdings (NASDAQ: RPAY).
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Based on Repay Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $67.43 million and a net profit of $9.41 thousand. In comparison, last year the company earned a revenue of $48.41 million and had a GAAP net loss of $12.27 million
Based on the recent corporate insider activity of 130 insiders, corporate insider sentiment is neutral on the stock.
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Repay Holdings Corp. engages in the provision of integrated payment processing solutions to verticals that have specific transaction processing needs. The company is headquartered in Atlanta, GA.
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