Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Remitly Global Inc (NASDAQ: RELY) closed at $15.72 down -2.00% from its previous closing price of $16.04. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 2.96 million shares were traded. RELY stock price reached its highest trading level at $16.2 during the session, while it also had its lowest trading level at $15.695.
Ratios:
For a deeper understanding of Remitly Global Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.68. For the most recent quarter (mrq), Quick Ratio is recorded 2.85 and its Current Ratio is at 2.85. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On May 08, 2025, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $30 to $32.
Wells Fargo Upgraded its Underweight to Equal Weight on October 31, 2024, whereas the target price for the stock was revised from $13 to $18.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 23 ’25 when Oppenheimer Matthew B. sold 14,583 shares for $16.68 per share. The transaction valued at 243,244 led to the insider holds 4,544,354 shares of the business.
Oppenheimer Matthew B. sold 14,583 shares of RELY for $241,786 on Sep 24 ’25. The Chief Executive Officer now owns 4,529,771 shares after completing the transaction at $16.58 per share. On Sep 05 ’25, another insider, Tavis Luke, who serves as the Chief Accounting Officer of the company, sold 2,920 shares for $20.00 each. As a result, the insider received 58,400 and left with 2,416 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RELY now has a Market Capitalization of 3241357312 and an Enterprise Value of 2757826304. As of this moment, Remitly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 251.92, and their Forward P/E ratio for the next fiscal year is 14.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 4.24. Its current Enterprise Value per Revenue stands at 1.886 whereas that against EBITDA is 75.509.
Stock Price History:
The Beta on a monthly basis for RELY is 0.10, which has changed by 0.2214452 over the last 52 weeks, in comparison to a change of 0.1719923 over the same period for the S&P500. Over the past 52 weeks, RELY has reached a high of $27.32, while it has fallen to a 52-week low of $12.43. The 50-Day Moving Average of the stock is -12.07%, while the 200-Day Moving Average is calculated to be -23.35%.
Shares Statistics:
For the past three months, RELY has traded an average of 3.88M shares per day and 2894390 over the past ten days. A total of 206.09M shares are outstanding, with a floating share count of 165.16M. Insiders hold about 19.90% of the company’s shares, while institutions hold 74.12% stake in the company. Shares short for RELY as of 1757894400 were 12968780 with a Short Ratio of 3.35, compared to 1755216000 on 13139569. Therefore, it implies a Short% of Shares Outstanding of 12968780 and a Short% of Float of 8.229999000000001.
Earnings Estimates
Remitly Global Inc (RELY) is presently subject to a detailed evaluation by 2.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.17, with high estimates of $0.18 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.73 and $0.72 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $1.07, with 3.0 analysts recommending between $1.1 and $1.03.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $414.2M this quarter.It ranges from a high estimate of $422.51M to a low estimate of $412.15M. As of. The current estimate, Remitly Global Inc’s year-ago sales were $336.53MFor the next quarter, 6 analysts are estimating revenue of $433.18M. There is a high estimate of $445.12M for the next quarter, whereas the lowest estimate is $429.46M.
A total of 6 analysts have provided revenue estimates for RELY’s current fiscal year. The highest revenue estimate was $1.64B, while the lowest revenue estimate was $1.62B, resulting in an average revenue estimate of $1.62B. In the same quarter a year ago, actual revenue was $1.26BBased on 6 analysts’ estimates, the company’s revenue will be $1.96B in the next fiscal year. The high estimate is $2B and the low estimate is $1.93B.
