Litchfield Hills Research Boosts Earnings Estimates for Usio

Usio, Inc. (NASDAQ:USIO) – Analysts at Litchfield Hills Research lifted their FY2024 earnings per share estimates for Usio in a report released on Monday, November 18th. Litchfield Hills Research analyst B. Sine now anticipates that the company will post earnings per share of $0.11 for the year, up from their prior estimate of $0.07. The consensus estimate for Usio’s current full-year earnings is $0.08 per share. Litchfield Hills Research also issued estimates for Usio’s Q3 2026 earnings at $0.05 EPS.

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $4.00 target price on shares of Usio in a report on Friday, August 16th.

Usio Stock Performance

NASDAQ:USIO opened at $1.42 on Wednesday. The company has a market cap of $38.52 million, a price-to-earnings ratio of 15.78 and a beta of 1.70. Usio has a fifty-two week low of $1.30 and a fifty-two week high of $2.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a fifty day moving average price of $1.41 and a 200-day moving average price of $1.49.

Hedge Funds Weigh In On Usio

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its position in Usio by 5.6% in the 3rd quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock valued at $248,000 after buying an additional 9,731 shares in the last quarter. Creative Planning acquired a new stake in Usio in the third quarter valued at approximately $58,000. Perritt Capital Management Inc increased its holdings in shares of Usio by 35.7% during the second quarter. Perritt Capital Management Inc now owns 380,000 shares of the company’s stock valued at $581,000 after acquiring an additional 100,000 shares in the last quarter. Finally, Whittier Trust Co. bought a new stake in shares of Usio during the third quarter valued at approximately $3,821,000. Institutional investors and hedge funds own 20.23% of the company’s stock.

Usio Company Profile

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 transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.