Expensify Inc (EXFY) Stocks Reach New Highs at $2.17 During Trading Session

After finishing at $2.16 in the prior trading day, Expensify Inc (NASDAQ: EXFY) closed at $2.17, up 0.46%. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 917359 shares were traded. EXFY stock price reached its highest trading level at $2.2800 during the session, while it also had its lowest trading level at $2.1200.

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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 3.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1087.94. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 2.01. 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 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 184.94M and an Enterprise Value of 166.98M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is -5.97.

Stock Price History:

Over the past 52 weeks, EXFY has reached a high of $9.32, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 1.9621, while the 200-Day Moving Average is calculated to be 4.1171.

Shares Statistics:

The stock has traded on average 629.55K shares per day over the past 3-months and 926.56k 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 43.32M. Insiders hold about 49.17% of the company’s shares, while institutions hold 39.24% stake in the company. Shares short for EXFY as of Jan 31, 2024 were 1.35M with a Short Ratio of 2.14, compared to 1.35M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.61% and a Short% of Float of 2.44%.

Earnings Estimates

Its stock is currently analyzed by 8 different market analysts. On average, analysts expect EPS of $0.02 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 $0.31 and -$0.28 for the fiscal current year, implying an average EPS of $0.1. EPS for the following year is $0.18, with 7 analysts recommending between $0.5 and -$0.19.

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 8 analysts have provided revenue estimates for EXFY’s current fiscal year. The highest revenue estimate was $160.91M, while the lowest revenue estimate was $139.3M, resulting in an average revenue estimate of $145.53M. In the same quarter a year ago, actual revenue was $150.69M, down -3.40% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $155.11M in the next fiscal year. The high estimate is $174.03M and the low estimate is $143M. The average revenue growth estimate for next year is up 6.60% from the average revenue estimate for this year.

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