After finishing at $1.83 in the prior trading day, Expensify Inc (NASDAQ: EXFY) closed at $1.76, down -3.83%. In other words, the price has decreased by -$0.0700 from its previous closing price. On the day, 617939 shares were traded.
Ratios:
Our goal is to gain a better understanding of EXFY 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 1.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 882.38. 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:
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 Mar 19 ’24 when Barrett David Michael sold 85,209 shares for $1.78 per share. The transaction valued at 151,672 led to the insider holds 1,801,238 shares of the business.
Barrett David Michael sold 81,301 shares of EXFY for $151,220 on Mar 18 ’24. The Chief Executive Officer now owns 1,886,447 shares after completing the transaction at $1.86 per share. On Mar 15 ’24, another insider, Barrett David Michael, who serves as the Chief Executive Officer of the company, sold 80,082 shares for $1.97 each. As a result, the insider received 157,762 and left with 1,967,748 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 155.16M and an Enterprise Value of 137.20M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 0.91 whereas that against EBITDA is -4.90.
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 1.8660, while the 200-Day Moving Average is calculated to be 3.6739.
Shares Statistics:
The stock has traded on average 656.55K shares per day over the past 3-months and 531.37k shares per day over the last 10 days, according to various share statistics. A total of 70.57M shares are outstanding, with a floating share count of 43.36M. Insiders hold about 49.13% 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 3.93, 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
Its stock is currently analyzed by 7 different market analysts. 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
7 analysts predict $35.39M in revenue for the current 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 $40.1M, 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.
