For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Remitly Global Inc (NASDAQ: RELY) closed at $18.53 in the last session, up 0.27% from day before closing price of $18.48. In other words, the price has increased by $0.27 from its previous closing price. On the day, 2.87 million shares were traded. RELY stock price reached its highest trading level at $18.54 during the session, while it also had its lowest trading level at $18.27.
Ratios:
We take a closer look at RELY’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 7.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.41. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Monness Crespi & Hardt on May 08, 2025, Reiterated its Buy rating but revised its target price to $32 from $30 previously.
On October 31, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $13 to $18. BMO Capital Markets Upgraded its Market Perform to Outperform on February 22, 2024, whereas the target price for the stock was revised from $24 to $28.
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 Aug 29 ’25 when JOSHUA DAVID HUG bought 40,777 shares for $18.48 per share.
SAEMA SOMALYA bought 4,479 shares of RELY for $82,369 on Aug 28 ’25. On Aug 25 ’25, another insider, Somalya Saema, who serves as the CLCAO of the company, sold 5,748 shares for $18.83 each. As a result, the insider received 108,235 and left with 59,156 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, RELY now has a Market Capitalization of 3820756224 and an Enterprise Value of 3337229312. As of this moment, Remitly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 296.96, and their Forward P/E ratio for the next fiscal year is 17.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 4.99. Its current Enterprise Value per Revenue stands at 2.283 whereas that against EBITDA is 91.373.
Stock Price History:
The Beta on a monthly basis for RELY is 0.14, which has changed by 0.37872028 over the last 52 weeks, in comparison to a change of 0.16844666 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 1.76%, while the 200-Day Moving Average is calculated to be -11.31%.
Shares Statistics:
According to the various share statistics, RELY traded on average about 3.91M shares per day over the past 3-months and 3125730 shares per day over the past 10 days. A total of 206.09M shares are outstanding, with a floating share count of 165.49M. Insiders hold about 19.64% of the company’s shares, while institutions hold 74.05% stake in the company. Shares short for RELY as of 1755216000 were 13139569 with a Short Ratio of 3.36, compared to 1752537600 on 13328132. Therefore, it implies a Short% of Shares Outstanding of 13139569 and a Short% of Float of 8.34.
Earnings Estimates
The stock of Remitly Global Inc (RELY) is currently drawing attention from 2.0 analysts actively involved in the ongoing evaluation and rating process.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
According to 6 analysts, the current quarter’s revenue is expected to be $414.2M. 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.
