Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Expensify Inc (NASDAQ: EXFY) closed at $1.61 down -1.23% from its previous closing price of $1.63. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 2.1 million shares were traded. EXFY stock price reached its highest trading level at $1.635 during the session, while it also had its lowest trading level at $1.5.
Ratios:
For a deeper understanding of Expensify Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 807.27. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 26 ’24 when McLaughlin Steven J. bought 200 shares for $1.60 per share. The transaction valued at 320 led to the insider holds 9,015,836 shares of the business.
McLaughlin Steven J. bought 17,511 shares of EXFY for $27,842 on Apr 25 ’24. The 10% Owner now owns 9,015,636 shares after completing the transaction at $1.59 per share. On Apr 25 ’24, another insider, Barrett David Michael, who serves as the Chief Executive Officer of the company, sold 15,600 shares for $1.59 each. As a result, the insider received 24,804 and left with 1,039,848 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 138886176 and an Enterprise Value of 119226096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 0.791 whereas that against EBITDA is -3.811.
Stock Price History:
The Beta on a monthly basis for EXFY is 1.48, which has changed by -0.7830189 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, EXFY has reached a high of $8.25, while it has fallen to a 52-week low of $1.40. The 50-Day Moving Average of the stock is -10.57%, while the 200-Day Moving Average is calculated to be -46.05%.
Shares Statistics:
For the past three months, EXFY has traded an average of 646.84K shares per day and 760200 over the past ten days. A total of 70.57M shares are outstanding, with a floating share count of 44.08M. Insiders hold about 48.28% of the company’s shares, while institutions hold 39.26% stake in the company. Shares short for EXFY as of 1713139200 were 2192830 with a Short Ratio of 3.39, compared to 1710460800 on 2077140. Therefore, it implies a Short% of Shares Outstanding of 2192830 and a Short% of Float of 3.8699999999999997.
Earnings Estimates
Its stock is currently analyzed by 6.0 different market analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.0, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.05, with high estimates of $0.09 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.3 and $0.01 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is $0.2, with 6.0 analysts recommending between $0.36 and $0.03.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $35.52M this quarter.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 $40.1MFor the next quarter, 6 analysts are estimating revenue of $36.21M. There is a high estimate of $39.65M for the next quarter, whereas the lowest estimate is $34M.
A total of 6 analysts have provided revenue estimates for EXFY’s current fiscal year. The highest revenue estimate was $157.21M, while the lowest revenue estimate was $139.5M, resulting in an average revenue estimate of $144M. In the same quarter a year ago, actual revenue was $150.69MBased on 6 analysts’ estimates, the company’s revenue will be $153.43M in the next fiscal year. The high estimate is $170.53M and the low estimate is $143M.
