Repay Holdings Corp. is a payments technology company. The firm engages in the provision of integrated payment processing solutions to verticals that have specific and bespoke transactions. The company was founded by Shaler V. Alias and John Morris in 2006 and is headquartered in Atlanta, GA.
RPAY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for RPAY, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Repay Holdings Corp ranked in the 0th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Repay Holdings Corp ended up being:
The compound growth rate in the free cash flow of Repay Holdings Corp over the past 0.99 years is -0.37%; that's higher than only 2.79% of free cash flow generating stocks in the Technology sector.
Repay Holdings Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.13. This coverage rate is greater than that of merely 17.25% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CHNG, CHWY, CRNC, CSPI, and CVET can be thought of as valuation peers to RPAY, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Repay Holdings Corporation (NASDAQ: RPAY) ("REPAY" or the "Company") announced today the pricing of its $400.0 million aggregate principal amount of 0.00% convertible senior notes due 2026 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. The size of the offering was increased from the previously announced $350.0 million in aggregate principal amount. REPAY also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $40.0 million aggregate pri...
Repay Holdings Corporation (NASDAQ: RPAY) ("REPAY" or the "Company") announced today the pricing of a previously announced underwritten public offering for 5,430,000 shares of its Class A common stock at $24.00 per share. The Company has granted the underwriters a 30-day option to purchase up to 814,500 additional shares of Class A common stock at the public offering price, less underwriting discounts and commissions. The sale of the shares of Class A common stock is expected to close on January 19, 2021, subject to customary closing conditions.
Repay Holdings (RPAY) offers $350M aggregate principal amount of convertible senior notes due 2026 in a private offering.Initial purchasers of the notes has an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $52.5M...
Repay Holdings (RPAY) has commenced an underwritten public offering of $130M of common shares.Underwriters have a 30-day option to purchase up to $19.5M of additional common shares. Net proceeds will be used to purchase convertible senior notes, for the repayment of the term loans issued under its existing credit agreement...
Repay Holdings Corporation (NASDAQ: RPAY) ("REPAY" or the "Company") announced today that it has commenced an underwritten public offering of $130 million of shares of REPAY’s Class A common stock, subject to market and other conditions. In conjunction with the offering, the Company intends to grant to the underwriters a 30-day option to purchase up to $19.5 million of additional shares of REPAY’s Class A common stock.