In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $14.85 in the prior trading day, Remitly Global Inc (NASDAQ: RELY) closed at $15.31, up 3.10%. In other words, the price has increased by $3.10 from its previous closing price. On the day, 2.47 million shares were traded. RELY stock price reached its highest trading level at $15.32 during the session, while it also had its lowest trading level at $14.72.
Ratios:
Our goal is to gain a better understanding of RELY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.43. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 3156818176 and an Enterprise Value of 2673287168. As of this moment, Remitly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 245.35, and their Forward P/E ratio for the next fiscal year is 15.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 1.829 whereas that against EBITDA is 73.195.
Stock Price History:
The Beta on a monthly basis for RELY is 0.11, which has changed by 0.09201145 over the last 52 weeks, in comparison to a change of 0.13724327 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 $13.16. The 50-Day Moving Average of the stock is -13.68%, while the 200-Day Moving Average is calculated to be -24.61%.
Shares Statistics:
The stock has traded on average 3.78M shares per day over the past 3-months and 2374750 shares per day over the last 10 days, according to various share statistics. 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 74.09% stake in the company. Shares short for RELY as of 1759190400 were 12910761 with a Short Ratio of 3.42, compared to 1756425600 on 13834567. Therefore, it implies a Short% of Shares Outstanding of 12910761 and a Short% of Float of 8.189999.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 2.0 analysts currently analyzing and rating the stock of Remitly Global Inc (RELY).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 $0.72. EPS for the following year is $1.02, with 3.0 analysts recommending between $1.07 and $0.96.
Revenue Estimates
6 analysts predict $413.16M in revenue for . The current quarter. It ranges from a high estimate of $416.22M 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 $430.46M. There is a high estimate of $432M for the next quarter, whereas the lowest estimate is $428.81M.
A total of 6 analysts have provided revenue estimates for RELY’s current fiscal year. The highest revenue estimate was $1.62B, 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 $1.94B in the next fiscal year. The high estimate is $1.95B and the low estimate is $1.93B.
