The price of Expensify Inc (NASDAQ: EXFY) closed at $2.18 in the last session, down -2.68% from day before closing price of $2.24. In other words, the price has decreased by -$0.0600 from its previous closing price. On the day, 592225 shares were traded.
Ratios:
We take a closer look at EXFY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1092.95. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.06.
On August 09, 2023, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 22 ’24 when McLaughlin Steven J. bought 182,941 shares for $1.59 per share. The transaction valued at 290,876 led to the insider holds 8,529,695 shares of the business.
McLaughlin Steven J. bought 41,456 shares of EXFY for $73,377 on Jan 30 ’24. The 10% Owner now owns 8,346,754 shares after completing the transaction at $1.77 per share. On Jan 26 ’24, another insider, McLaughlin Steven J., who serves as the 10% Owner of the company, bought 196,076 shares for $1.76 each. As a result, the insider paid 345,094 and bolstered with 8,305,298 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, EXFY now has a Market Capitalization of 184.90M and an Enterprise Value of 166.94M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is -5.97.
Stock Price History:
Over the past 52 weeks, EXFY has reached a high of $8.69, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 1.9293, while the 200-Day Moving Average is calculated to be 3.9396.
Shares Statistics:
According to the various share statistics, EXFY traded on average about 664.16K shares per day over the past 3-months and 879.17k shares per day over the past 10 days. A total of 70.57M shares are outstanding, with a floating share count of 43.14M. Insiders hold about 49.39% of the company’s shares, while institutions hold 39.25% stake in the company. Shares short for EXFY as of Feb 15, 2024 were 1.9M with a Short Ratio of 2.86, compared to 1.46M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.23% and a Short% of Float of 3.35%.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.08 and a low estimate of $0, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.04, with high estimates of $0.09 and low estimates of $0.
Analysts are recommending an EPS of between $0.3 and $0.01 for the fiscal current year, implying an average EPS of $0.15. EPS for the following year is $0.19, with 6 analysts recommending between $0.36 and $0.03.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $35.39M. It ranges from a high estimate of $37.03M to a low estimate of $34.5M. As of the current estimate, Expensify Inc’s year-ago sales were $40.1M, an estimated decrease of -11.70% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $35.99M, a decrease of -7.40% over than the figure of -$11.70% in the same quarter last year. There is a high estimate of $39.65M for the next quarter, whereas the lowest estimate is $34M.
A total of 7 analysts have provided revenue estimates for EXFY’s current fiscal year. The highest revenue estimate was $157.21M, while the lowest revenue estimate was $139.3M, resulting in an average revenue estimate of $143.33M. In the same quarter a year ago, actual revenue was $150.69M, down -4.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $152.41M in the next fiscal year. The high estimate is $170.53M and the low estimate is $143M. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.
