HC Wainwright Reaffirms “Buy” Rating for Usio (NASDAQ:USIO)

Usio (NASDAQ:USIO)‘s stock had its “buy” rating reissued by analysts at HC Wainwright in a note issued to investors on Thursday,Benzinga reports. They currently have a $4.00 price target on the stock. HC Wainwright’s price objective points to a potential upside of 172.11% from the stock’s current price. HC Wainwright also issued estimates for Usio’s Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.07 EPS and FY2026 earnings at $0.33 EPS.

Usio Stock Performance

Shares of USIO stock opened at $1.47 on Thursday. 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 market cap of $39.88 million, a PE ratio of 16.33 and a beta of 1.82. Usio has a 1 year low of $1.24 and a 1 year high of $2.92. The stock has a fifty day moving average price of $1.75 and a 200 day moving average price of $1.60.

Usio (NASDAQ:USIO) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.01. The business had revenue of $20.56 million during the quarter, compared to the consensus estimate of $21.10 million. Usio had a negative return on equity of 2.98% and a net margin of 3.33%. Sell-side analysts forecast that Usio will post -0.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of USIO. Integrity Wealth Advisors Inc. purchased a new position in Usio during the fourth quarter worth $139,000. Geode Capital Management LLC boosted its stake in shares of Usio by 5.6% during the third quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock valued at $248,000 after acquiring an additional 9,731 shares during the last quarter. Perritt Capital Management Inc boosted its stake in shares of Usio by 2.1% during the fourth quarter. Perritt Capital Management Inc now owns 478,200 shares of the company’s stock valued at $698,000 after acquiring an additional 10,000 shares during the last quarter. Renaissance Technologies LLC increased its position in Usio by 25.5% during the 4th quarter. Renaissance Technologies LLC now owns 479,383 shares of the company’s stock worth $700,000 after purchasing an additional 97,442 shares in the last quarter. Finally, Perkins Capital Management Inc. raised its stake in Usio by 1.4% in the 4th quarter. Perkins Capital Management Inc. now owns 995,693 shares of the company’s stock valued at $1,454,000 after purchasing an additional 13,500 shares during the last quarter. 20.23% of the stock is currently owned by institutional investors and hedge funds.

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.