Usio, Inc. (NASDAQ:USIO – Free Report) – Stock analysts at Litchfield Hills Research lifted their FY2024 earnings per share (EPS) estimates for shares of Usio in a research note issued 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 forecast 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 reiterated a “buy” rating and set a $4.00 price target on shares of Usio in a report on Friday, August 16th.
Usio Stock Up 0.7 %
Usio stock opened at $1.48 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average price is $1.41 and its two-hundred day moving average price is $1.49. The firm has a market capitalization of $40.15 million, a price-to-earnings ratio of 16.44 and a beta of 1.70. Usio has a 1-year low of $1.30 and a 1-year high of $2.00.
Institutional Trading of Usio
Several hedge funds have recently added to or reduced their stakes in USIO. Perritt Capital Management Inc boosted its position in Usio by 35.7% during the second quarter. Perritt Capital Management Inc now owns 380,000 shares of the company’s stock worth $581,000 after purchasing an additional 100,000 shares during the period. Creative Planning purchased a new stake in Usio during the third quarter valued at about $58,000. Whittier Trust Co. bought a new stake in Usio in the 3rd quarter worth approximately $3,821,000. Finally, Geode Capital Management LLC grew its holdings in shares of Usio by 5.6% during the 3rd quarter. Geode Capital Management LLC now owns 182,116 shares of the company’s stock valued at $248,000 after purchasing an additional 9,731 shares during the last quarter. Institutional investors own 20.23% of the company’s stock.
About Usio
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.
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