Equities Analysts Set Expectations for Usio Q4 Earnings

Usio, Inc. (NASDAQ:USIO) – Equities research analysts at HC Wainwright decreased their Q4 2024 earnings estimates for shares of Usio in a research note issued on Friday, November 8th. HC Wainwright analyst S. Buck now forecasts that the company will post earnings of ($0.01) per share for the quarter, down from their previous estimate of $0.03. HC Wainwright has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for Usio’s current full-year earnings is $0.09 per share.

Usio Price Performance

Shares of USIO opened at $1.48 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.10 and a quick ratio of 1.10. The company’s fifty day moving average price is $1.42 and its 200-day moving average price is $1.49. Usio has a 1-year low of $1.30 and a 1-year high of $2.00. The firm has a market capitalization of $40.15 million, a PE ratio of 16.50 and a beta of 1.70.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of USIO. Creative Planning acquired a new stake in Usio during the 3rd quarter valued at approximately $58,000. Perritt Capital Management Inc raised 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 worth $581,000 after purchasing an additional 100,000 shares during the last quarter. Finally, Whittier Trust Co. acquired a new position in Usio during the third quarter valued at $3,821,000. 20.23% of the stock is currently owned by hedge funds and other institutional investors.

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.