Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $17.04 in the prior trading day, Remitly Global Inc (NASDAQ: RELY) closed at $16.62, down -2.46%. In other words, the price has decreased by -$2.46 from its previous closing price. On the day, 3.56 million shares were traded. RELY stock price reached its highest trading level at $17.05 during the session, while it also had its lowest trading level at $16.35.
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 6.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.24. 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 05 ’25 when Tavis Luke sold 2,920 shares for $20.00 per share. The transaction valued at 58,400 led to the insider holds 2,416 shares of the business.
Riese Phillip John sold 5,000 shares of RELY for $100,000 on Sep 05 ’25. The Director now owns 112,496 shares after completing the transaction at $20.00 per share. On Sep 05 ’25, another insider, PHILLIP RIESE, who serves as the Director of the company, bought 5,000 shares for $19.68 each.
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 3426931456 and an Enterprise Value of 2943400192. As of this moment, Remitly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 266.35, and their Forward P/E ratio for the next fiscal year is 15.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 4.48. Its current Enterprise Value per Revenue stands at 2.013 whereas that against EBITDA is 80.59.
Stock Price History:
The Beta on a monthly basis for RELY is 0.11, which has changed by 0.209607 over the last 52 weeks, in comparison to a change of 0.16333759 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 -8.00%, while the 200-Day Moving Average is calculated to be -19.83%.
Shares Statistics:
The stock has traded on average 3.92M shares per day over the past 3-months and 3707690 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 165.13M. Insiders hold about 19.91% of the company’s shares, while institutions hold 74.08% stake in the company. Shares short for RELY as of 1756425600 were 13834567 with a Short Ratio of 3.53, compared to 1753920000 on 13006055. Therefore, it implies a Short% of Shares Outstanding of 13834567 and a Short% of Float of 8.7799996.
Earnings Estimates
As of right now, 2.0 analysts gave their recommendation on the stock of the company. 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
6 analysts predict $414.2M in revenue for the current 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.
