H.C. Wainwright maintains Buy rating on Usio with $4 target

Published 27/03/2025, 12:32
H.C. Wainwright maintains Buy rating on Usio with $4 target

Thursday, H.C. Wainwright reaffirmed its Buy rating and $4.00 price target for Usio Inc. (NASDAQ:USIO) shares, which currently trade at $1.59 with a market cap of $43 million. According to InvestingPro data, the stock appears undervalued based on its Fair Value analysis. Analyst Scott Buck highlighted the company’s fourth-quarter results, which aligned with its January pre-announcement. Usio’s guidance for 2025 was reiterated, projecting a revenue increase of 14% to 16% compared to 2024. This forecast suggests a significant uptick from the previous year’s stagnant revenue figures.

Usio’s management anticipates that the growth will be more pronounced in the latter half of the year. However, they expect that the updates provided with the first and second quarter results will demonstrate substantial progress toward achieving the targeted mid-teens growth. The company also launched its One Usio initiative, aiming to enhance integration of its various product lines, which should facilitate increased cross-selling opportunities and cost efficiencies.

In a show of confidence in the company’s prospects and a belief in the undervaluation of its stock, Usio’s Board has approved a new $4 million share repurchase program. Buck believes that if Usio successfully meets its 2025 guidance, there could be considerable appreciation in the value of its shares throughout the year.

Currently, Usio’s stock is trading at less than 0.6 times the 2025 Street revenue estimates, a valuation significantly lower than that of many peers in the fintech sector. The company maintains a P/E ratio of 12 and has demonstrated profitability over the last twelve months with positive earnings of $0.13 per share. According to Buck, this is noteworthy especially considering that many of these peers have not consistently demonstrated profitability. The reiterated Buy rating and price target reflect H.C. Wainwright’s ongoing positive outlook for Usio. For deeper insights into Usio’s valuation metrics and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with expert analysis and actionable intelligence.

In other recent news, Usio Inc reported its Q4 2024 earnings, revealing a 3% increase in revenue and a GAAP net income of $600,000, or $0.02 per share. The company processed $1.9 billion in total dollars during the quarter, marking a 36% year-over-year increase. Usio has also launched the UCO ONE initiative to unify its products and services under one brand. Analysts have noted the company’s strong performance in electronic transaction processing, with PayFac, ACH, and Output Solutions segments showing significant growth. The firm processed $7.1 billion in total dollars for the full year 2024, reflecting a 33% increase. Looking forward, Usio expects organic revenue to grow by 14-16% in 2025 and has authorized a new $4 million share repurchase program. The company is exploring potential mergers and acquisitions as part of its growth strategy.

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