The closing price of International Money Express Inc. (NASDAQ: IMXI) was $19.91 for the day, down -7.40% from the previous closing price of $21.50. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 759341 shares were traded.
Ratios:
Our analysis of IMXI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 1.94. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.37.
On October 20, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 11 when Lisy Robert sold 21,000 shares for $24.08 per share. The transaction valued at 505,699 led to the insider holds 322,531 shares of the business.
Lisy Robert sold 25,000 shares of IMXI for $611,128 on May 10. The CEO, President & Chairman now owns 343,531 shares after completing the transaction at $24.45 per share. On May 09, another insider, Lisy Robert, who serves as the CEO, President & Chairman of the company, sold 45,255 shares for $25.03 each. As a result, the insider received 1,132,751 and left with 368,531 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, IMXI now has a Market Capitalization of 694.20M and an Enterprise Value of 699.13M. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.18, and their Forward P/E ratio for the next fiscal year is 7.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 4.43. Its current Enterprise Value per Revenue stands at 1.10 whereas that against EBITDA is 6.86.
Stock Price History:
Over the past 52 weeks, IMXI has reached a high of $28.24, while it has fallen to a 52-week low of $15.76. The 50-Day Moving Average of the stock is 21.21, while the 200-Day Moving Average is calculated to be 20.69.
Shares Statistics:
IMXI traded an average of 227.27K shares per day over the past three months and 226.81k shares per day over the past ten days. A total of 36.63M shares are outstanding, with a floating share count of 31.33M. Insiders hold about 10.15% of the company’s shares, while institutions hold 84.54% stake in the company. Shares short for IMXI as of Jan 31, 2024 were 674.72k with a Short Ratio of 2.97, compared to 614.92k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.94% and a Short% of Float of 2.16%.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of $0.52 for the current quarter, with a high estimate of $0.53 and a low estimate of $0.52, while EPS last year was $0.46. The consensus estimate for the next quarter is $0.43, with high estimates of $0.46 and low estimates of $0.41.
Analysts are recommending an EPS of between $1.96 and $1.9 for the fiscal current year, implying an average EPS of $1.92. EPS for the following year is $2.22, with 5 analysts recommending between $2.32 and $2.11.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $178.07M to a low estimate of $174M. As of the current estimate, International Money Express Inc.’s year-ago sales were $154.44M, an estimated increase of 14.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $157.65M, an increase of 8.50% less than the figure of $14.00% in the same quarter last year. There is a high estimate of $160.3M for the next quarter, whereas the lowest estimate is $155.54M.
A total of 6 analysts have provided revenue estimates for IMXI’s current fiscal year. The highest revenue estimate was $665.02M, while the lowest revenue estimate was $661M, resulting in an average revenue estimate of $662.93M. In the same quarter a year ago, actual revenue was $546.8M, up 21.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $719.13M in the next fiscal year. The high estimate is $725M and the low estimate is $714.06M. The average revenue growth estimate for next year is up 8.50% from the average revenue estimate for this year.
