Credit Suisse analyst Research Report) today and set a price target of $11.00. The company’s shares opened today at $10.42.
According to TipRanks, Chiodo is a 4-star analyst with an average return of 6.2% and a 48.03% success rate. Chiodo covers the Technology sector, focusing on stocks such as Block, Affirm Holdings, and Nuvei Corp.
Currently, the analyst consensus on Repay Holdings is a Moderate Buy with an average price target of $16.38, which is a 57.27% upside from current levels. In a report released today, Citigroup also downgraded the stock to a Hold with a $13.00 price target.
Based on Repay Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $67.56 million and a net profit of $13.65 million. In comparison, last year the company earned a revenue of $47.52 million and had a GAAP net loss of $15.79 million
Based on the recent corporate insider activity of 131 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RPAY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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