As of close of business last night, Expensify Inc’s stock clocked out at $1.83, down -8.04% from its previous closing price of $1.99. In other words, the price has decreased by -$0.1600 from its previous closing price. On the day, 845352 shares were traded. EXFY stock price reached its highest trading level at $1.9900 during the session, while it also had its lowest trading level at $1.8100.
Ratios:
To gain a deeper understanding of EXFY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 917.48. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when Muralidharan Anuradha sold 20,000 shares for $2.15 per share. The transaction valued at 43,000 led to the insider holds 57,080 shares of the business.
Muralidharan Anuradha sold 16,584 shares of EXFY for $35,490 on Mar 11 ’24. The Chief Operating Officer now owns 77,080 shares after completing the transaction at $2.14 per share. On Mar 11 ’24, another insider, Barrett David Michael, who serves as the Chief Executive Officer of the company, sold 7,311 shares for $2.14 each. As a result, the insider received 15,646 and left with 127,711 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 155.93M and an Enterprise Value of 137.97M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 0.92 whereas that against EBITDA is -4.93.
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 1.8908, while the 200-Day Moving Average is calculated to be 3.8031.
Shares Statistics:
It appears that EXFY traded 654.86K shares on average per day over the past three months and 531.43k shares per day over the past ten days. A total of 70.57M shares are outstanding, with a floating share count of 43.08M. Insiders hold about 49.45% of the company’s shares, while institutions hold 39.25% stake in the company. Shares short for EXFY as of Feb 29, 2024 were 2.58M with a Short Ratio of 3.94, compared to 1.35M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.03% and a Short% of Float of 4.56%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. 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 $0.16. EPS for the following year is $0.19, with 7 analysts recommending between $0.36 and $0.03.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $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.
