As of close of business last night, Expensify Inc’s stock clocked out at $2.09, down -9.13% from its previous closing price of $2.30. In other words, the price has decreased by -$0.2100 from its previous closing price. On the day, 622091 shares were traded.
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 2.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1047.83. 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 Feb 22 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. The 10% Owner now owns 8,346,754 shares after completing the transaction at $1.77 per share. On Jan 26, 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 178.08M and an Enterprise Value of 160.13M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.06 whereas that against EBITDA is -5.72.
Stock Price History:
Over the past 52 weeks, EXFY has reached a high of $9.01, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 1.9471, while the 200-Day Moving Average is calculated to be 4.0257.
Shares Statistics:
It appears that EXFY traded 660.96K shares on average per day over the past three months and 1.12M shares per day over the past ten 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 2.88, 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
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.08 and a low estimate of -$0.09, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.02, with high estimates of $0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between $0.3 and -$0.28 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.13, with 6 analysts recommending between $0.36 and -$0.19.
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.
